firstmajestic News & Analysis

First Majestic Silver (AG) Reports Record Q1 2026 Revenue Growth

First Majestic Silver (AG) reported a record Q1 2026 revenue of $477 million, a 95% increase year-over-year. Production rose by 96% following the acquisition of Gatos Silver in January 2025. The average realized silver price reached $86.35 per ounce, with operating margins expanding from $13 to $52 per ounce. The stock closed at $19.45 on May 22, 2026, reflecting a 232.03% gain over the past year, despite a recent 6.9% decline.