Key Takeaways First Majestic shares surged 128% in 3 months, nearing a $27.90 52-week high.AG posted record Q4 output and 266% jump in cash flow to $250.4 million.First Majestic expanded via the Gatos Silver deal but trades at 68.34X forward P/E.Shares of First Majestic Silver Corp. (AG) have been showing impressive gains of late, trading close to its 52-week high of $27.90. The stock closed at $27.55 on Friday, 1.3% below the highest point. Shares of the precious metals mining company have surged 128.4% in ...

Core Viewpoint - First Majestic Silver Corp. (NYSE:AG) has shown significant stock performance improvement, driven by a price target upgrade and strong financial results, including a return to profitability and substantial revenue growth [1][2][4]. Financial Performance - First Majestic reported a net income of $211 million, reversing a net loss of $101.9 million in 2024 [2]. - Total revenues more than doubled to $1.257 billion from $560.6 million in 2024, attributed to a 47% increase in average realized silver prices [4]. - In Q4, net income was $105.2 million, compared to a net loss of $13.5 million in the same quarter of 2024, with revenues surging 169% to $463.9 million from $172.3 million year-on-year [4]. Investment Recommendations - HC Wainwright raised its price target for First Majestic to $30 from $24.50, maintaining a "buy" recommendation [2]. - The company announced a dividend distribution of $0.0083 per common share, with plans to increase dividends to 2% of net quarterly revenues by June 2026 [5]. Operational Highlights - The strong performance was driven by a $358.1 million increase in mine operating income, a non-cash deferred income tax recovery of $89.1 million, and a $20.3 million impairment reversal related to the Del Toro Silver Mine sale [3].

智通财经APP获悉，周五，现货黄金涨超1%，报5050.83美元；现货白银涨超3%，报81.1美元。美股黄 金、白银股涨跌不一，截至发稿，Barrick Mining(B.US)微跌0.46%，纽曼矿业(NEM.US)跌超1%，伊格 尔矿业(AEM.US)涨超1.6%。First Majestic Silver(AG.US)涨超2.4%，Fortuna Silver Mines(FSM.US)涨超 4.6%，泛美白银(PAAS.US)涨超1.8%。 ...

We recently published 10 Firms Outperform Wall Street With Surprising Gains. First Majestic Silver Corp. (NYSE:AG)was one of the best performers on Thursday. First Majestic rallied for a second day on Thursday, jumping 9.65 percent to close at $24.78 apiece, as investors cheered its swing to profitability last year, alongside announcements of higher dividends. In an updated report, First Majestic Silver Corp. (NYSE:AG) said that it incurred a net profit of $211 million in full-year 2025, reversing a $10 ...

First Majestic Silver (NYSE:AG) Q4 2025 Earnings call February 19, 2026 11:30 AM ET Company ParticipantsAlex Terentiew - Director of Equity ResearchDarrell Rae - Investor RelationsHeiko Ihle - Managing DirectorKeith Neumeyer - CEOMani Alkhafaji - President and Chief Corporate Development OfficerSamir Patel - General Counsel and Corporate SecretaryOperatorThank you for standing by. This is the conference operator. Welcome to the First Majestic Silver 2025 Q4 Financial Results Conference Call. As a reminder, ...

Financial Data and Key Metrics Changes - The company produced 4.2 million pure silver ounces in Q4 and over 15 million for the year, exceeding revised guidance [8] - Revenues reached nearly $1.3 billion for the year, marking a significant financial milestone [9] - The realized silver price for Q4 was just under $59, while the average for the year was $41.52 [9] - Record cash flows were reported, attributed to increased metal prices and production [10] - The company held just under $940 million in cash, with working capital at $733 million [21] Business Line Data and Key Metrics Changes - The mint operation generated just under $23 million in revenue for Q4, with profitability of about $24 million for the year [9][19] - The exploration program included over 250 kilometers of drilling, with positive results expected to be reflected in the Annual Information Form [10][24] - The company achieved a silver purity of over 60% in Q4, continuing to improve its position as a pure silver producer [10] Market Data and Key Metrics Changes - The company noted that the silver equivalent ratio collapsed towards the end of the year, impacting production and costs [12] - The market for silver has shown volatility, affecting refineries and retail buyers, but the company remains unaffected due to its financing structure [31] Company Strategy and Development Direction - The company plans to maintain a focus on silver purity while exploring potential acquisitions to enhance its portfolio [51] - There are ongoing investments in plant expansions, particularly at Santa Elena, with a target to increase throughput [17] - The company is also targeting robust production for 2026, with guidance set for 13-14 million pure silver ounces [13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong cash flow and a favorable market environment for silver prices [21][24] - The company is actively addressing a pending tax issue that has been ongoing since 2012, with hopes to resolve it in 2026 [38] - Management highlighted the importance of safe production and maintaining world-class safety metrics [18] Other Important Information - The company declared an increase in its dividend policy, doubling it from 1% to 2% of top-line revenue effective 2026 [22] - The company is focused on expanding its mint operations, which have shown rapid growth since inception [48] Q&A Session Summary Question: Any quantifiable issues related to costs or shipments this quarter? - Management noted that refineries have suspended financing, impacting retail buyers but not affecting the company directly [30][31] Question: Plans for exploration and availability of rigs? - The company confirmed that it has long-term contracts with drilling contractors, ensuring contained costs and availability of rigs [33] Question: Thoughts on cash allocation and potential returns to investors? - Management indicated that while cash is increasing, there are ongoing discussions regarding a tax issue, and they have not ruled out share buybacks [38] Question: Update on Jerritt Canyon and potential restart? - Management stated that a standalone update on Jerritt Canyon will be provided once plans are finalized, with attention now focused on this operation [52]

Financial Data and Key Metrics Changes - The company produced 4.2 million pure silver ounces in Q4 2025, totaling just over 15 million for the year, exceeding revised guidance [7][8] - Revenues reached nearly $1.3 billion for the year, marking a significant financial milestone [9] - The realized silver price for Q4 was just under $59, while the annual average was $41.52, indicating strong pricing strategies [9][10] - Record cash flows were reported, attributed to operational discipline and improved metal prices [10][22] Business Line Data and Key Metrics Changes - The mint operation generated just under $23 million in revenue for Q4, with profitability of about $24 million for the year [9][20] - The company reported a silver purity of over 60% in Q4, which is a key performance indicator [10][51] Market Data and Key Metrics Changes - The company noted a significant increase in marketable securities, rising by about $140 million for the year [21] - The company is experiencing a tight market with volatility affecting refineries, but it does not impact the company's operations as it does not finance its metal [31] Company Strategy and Development Direction - The company is targeting production of 13-14 million pure silver ounces and 110,000-130,000 ounces of gold for 2026, with a focus on maintaining a stable conversion ratio [13][14] - The integration of the Gatos asset has been successful, providing opportunities for cost reduction and resource growth [15][17] - The company plans to expand its plant capacity at Santa Elena from 3,100-3,200 tons per day to 3,500 tons per day by H2 2026 [18] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing improved metal prices and a strong cash position of just under $940 million [22][24] - The company is focused on resolving a pending tax issue that has been ongoing since 2012, with hopes of final resolution in 2026 [38] Other Important Information - The company has doubled its dividend policy effective 2026, increasing from 1% to 2% of top-line revenue [23] - The company is planning to conduct 266 kilometers of drilling across all operations, reflecting confidence in exploration success [24] Q&A Session Summary Question: Any quantifiable issues related to costs or shipments encountered this quarter? - Management noted that refineries have suspended financing, impacting smaller producers but not the company, which does not finance its metal [31] Question: How is the company thinking about cash management and potential capital returns to investors? - Management indicated that while cash is increasing, there are ongoing discussions regarding a tax issue, and they have not conducted share buybacks but have increased dividends [38] Question: Is there any update on Jerritt Canyon? - Management stated that a standalone update on Jerritt Canyon will be provided once plans and numbers are finalized, with a focus on this asset now that Gatos is integrated [53]

There's no substitute for silver Q 4 Q 4 - - 25 PRESENTATION TSX AG / NYSE AG / FSE FMV FEBRUARY 19, 2026 Forward Looking Statements CAUTIONARY DISCLAIMER This presentation includes reference to certain financial measures which are not standardized measures under the Company's financial reporting framework. These measures include all-in sustaining costs (or "AISC") per silver equivalent ounce, cash costs per silver equivalent ounce and free cash flow. The Company believes that these measures, together with ...

Vancouver, British Columbia--(Newsfile Corp. - February 19, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the Company's audited consolidated financial results for the fourth quarter and year end ended December 31, 2025. The full version of the annual financial statements and the accompanying management's discussion and analysis can be viewed on the Company's website at www.firstmajestic.com or on SEDAR+ at www.sedarplus.ca and ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: First Majestic Silver (AG) - First Majestic Silver has a Momentum Style Score of B, indicating potential for strong performance based on price changes and earnings estimate revisions [3] - The company currently holds a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Price Performance - Over the past week, AG shares have increased by 4.41%, outperforming the Zacks Mining - Silver industry, which rose by 2.73% [6] - In a longer timeframe, AG's shares have surged by 90.38% over the past quarter and 322.06% over the last year, significantly outperforming the S&P 500's gains of 1.76% and 13.08% respectively [7] Trading Volume - The average 20-day trading volume for AG is 29,463,580 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, one earnings estimate for AG has increased, raising the consensus estimate from $0.25 to $0.30 for the full year, with two upward revisions for the next fiscal year [10] Conclusion - Given the positive momentum indicators and earnings outlook, AG is recommended as a strong buy candidate for investors seeking short-term opportunities [12]