Core Argument - The silver sector is gaining attention as a potentially more explosive investment opportunity compared to gold, driven by unique fundamentals and increasing demand for green technology [1][2]. Industry Overview - Silver serves as an industrial workhorse, with over 50% of annual consumption linked to industrial applications, making it essential for sectors like photovoltaic cells and electric vehicles [3]. - The silver market is facing a structural supply deficit for the fifth consecutive year, where demand consistently exceeds supply from mining and recycling, providing strong price support [4]. - Favorable macroeconomic trends, including potential interest rate cuts by the U.S. Federal Reserve and a downtrend in the U.S. dollar, are expected to boost silver demand [5][6]. Investment Opportunities - The Gold/Silver ratio remains above historical averages, suggesting that silver may be undervalued compared to gold, indicating potential for price appreciation [7]. - Direct exposure to silver can be achieved through investment vehicles like the iShares Silver Trust, which has shown a year-to-date net asset value total return of approximately 33% [11][12]. - Mining companies such as First Majestic Silver and Pan American Silver present opportunities for leveraged returns, with First Majestic benefiting from significant revenue leverage to silver prices and Pan American pursuing strategic acquisitions to enhance its portfolio [14][17].

Key Takeaways PAAS Q1 revenues rose 28.6% to $773M, with EPS jumping to $0.42 from $0.01 on higher prices and lower costs. AG's Q1 revenues surged 130% to $243.9M, driven by Cerro Los Gatos output and higher silver prices. Earnings estimates for PAAS in 2025 rose to $1.47, while AG's 2025 and 2026 estimates have both declined.Pan American Silver (PAAS) and First Majestic Silver (AG) are well-known names in the silver mining sector, sharing several key similarities that define their strategic positioning a ...

Group 1: Market Overview - Commodities and safe haven assets are gaining attention on Wall Street amid ongoing tariff issues [1] - The focus is on three mining companies: Newmont Corporation, First Majestic Silver Corp, and Rio Tinto plc [1] Group 2: Newmont Corporation (NEM) - Newmont's stock is currently down 0.4% at $52.63, having stabilized near a $52 floor and its 20-day moving average [2] - Despite a 41% gain projected for 2025, Newmont stock appears vulnerable to downgrades, with 13 out of 20 analysts maintaining a "buy" or better rating [2] Group 3: First Majestic Silver Corp (AG) - First Majestic is down 2.4% at $6.18, struggling to surpass the $6.50 mark, and is facing its first potential loss in four sessions [3] - The stock has a year-to-date gain of 12%, but short interest has increased by 39.3%, representing 5.3% of the stock's float, indicating potential for a short squeeze [3] Group 4: Rio Tinto plc (RIO) - Rio Tinto's shares are attempting a rebound, currently up 0.6% at $60.33, recovering from a two-year low of $51.67 [4] - The stock is now above its year-to-date breakeven point, and options are considered affordable, with a Schaeffer's Volatility Index (SVI) of 24% ranking in the 11th annual percentile [4]

First Majestic Announces Second Gold-Silver Discovery Within a Year at Santa Elena and Expands High-Grade Mineralization at Navidad Santo Niño: A New Gold-Silver Discovery Confirmed 900 Metres South of the Santa Elena Plant. Navidad: Drilling Expands the Mineral Deposit Footprint and Returns Higher-Grade Gold and Silver. Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to report a second ...

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the voting results for its Annual General Meeting of Shareholders held on Tuesday, May 20, 2025 in Vancouver, British Columbia (the "2025 AGM"). Each of the matters that were voted upon at the 2025 AGM are described in detail in the Company's Management Information Circular dated April 9, 2025 (the "Circular"), which is availab ...

Core Points - First Majestic Silver Corp. is holding its Annual General Meeting of Shareholders (2025 AGM) on May 20, 2025, at 10:00 a.m. Pacific Time in Vancouver, British Columbia [1] - The Board of Directors recommends shareholders vote FOR all resolutions presented at the 2025 AGM [2] - The record date for voting eligibility was March 31, 2025, and shareholders are encouraged to vote before the proxy voting deadline on May 15, 2025, at 10:00 a.m. Pacific Time [2] Voting Information - Registered shareholders unable to attend the 2025 AGM can submit a signed proxy form to Computershare by mail, courier, or fax by the specified deadline [3] - Non-registered shareholders can participate in the 2025 AGM through a proxyholder or intermediaries and may have options to vote by telephone or online [4] - Kingsdale Advisors has been retained to assist shareholders with voting, providing contact information for support [5] Company Overview - First Majestic is a publicly traded mining company focused on silver and gold production, operating four underground mines in Mexico and holding development and exploration assets in the U.S. [9] - The company operates its own minting facility, First Mint, LLC, offering silver products for sale to the public [10]

First Majestic Announces Financial Results for Q1 2025 with Record Cash Position and Announces Quarterly Dividend PaymentMay 07, 2025 8:21 PM EDT | Source: First Majestic Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the Company's unaudited condensed interim consolidated financial results for the first quarter ended March 31, 2025. The full version ...

Shares of First Majestic Silver (AG) have gained 5.9% over the past four weeks to close the last trading session at $5.91, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $7.89 indicates a potential upside of 33.5%.The average comprises six short-term price targets ranging from a low of $6 to a high of $11, with a standard deviation of $1.87. While the lowest estimate indicates ...

Group 1 - The article discusses a collection of Barron's Better Bets (BBB), indicating that half of the stocks are considered too expensive or have low dividends, while nine out of ten of the lowest priced stocks with the "safest" dividends are recommended for purchase [1] - The April edition highlights Altria as a notable stock within the BBB collection [1] Group 2 - The article promotes a live video series on Facebook called the Underdog Daily Dividend Show, which features portfolio candidates and encourages audience interaction regarding stock preferences [2]

Financial Performance - Net income for Gatos Silver in 2024 was $39,460,000, a significant increase from $12,860,000 in 2023, reflecting a growth of 207%[34] - The Company reported total income from operations before income taxes of $39,975 for the year ended December 31, 2024, compared to $12,974 for 2023, representing a year-over-year increase of approximately 208%[104] - Net income for 2024 was $91.32 million, representing a 70.8% increase compared to $53.44 million in 2023[121] - The LGJV's net income and comprehensive income attributable to the Company for 2024 was $63,928, compared to $37,411 in 2023, indicating a significant increase of approximately 71%[114] - The net loss for the year ended December 31, 2024, is reported at $560,781,000[166] Revenue and Expenses - Total revenue for 2024 increased to $352.91 million, up 31.4% from $268.67 million in 2023[121] - Total expenses increased to $35,582,000 in 2024 from $25,793,000 in 2023, marking a rise of 38%[34] - Total expenses for 2024 were $223.34 million, an increase of 7% from $208.68 million in 2023[121] - The company incurred a cost of sales of $122,425,000 and exploration expenses of $7,249,000[161] - The total revenue for the year ended December 31, 2024, is reported at $352,910,000, with total expenses amounting to $479,754,000[161] Assets and Liabilities - The total assets of Gatos Silver rose to $422,571,000 in 2024, up from $400,904,000 in 2023, indicating a growth of approximately 5.3%[32] - Total current assets decreased to $82.79 million in 2024 from $97.38 million in 2023, a decline of 15%[120] - Total liabilities increased to $55.02 million in 2024, up 40% from $39.26 million in 2023[120] - The total assets as of December 31, 2024, amount to $1,817,633,000, with total liabilities of $367,553,000[168] Cash Flow - Gatos Silver's cash and cash equivalents increased to $138,061,000 in 2024 from $55,484,000 in 2023, representing a 148% increase[32] - The company reported net cash provided by operating activities of $80,701,000 in 2024, up from $47,480,000 in 2023, representing a growth of 69.9%[38] - Cash and cash equivalents at the end of 2024 were $35.83 million, a slight increase from $34.30 million in 2023[123] - Cash and cash equivalents are reported at $173,887,000, with receivables at $8,374,000 and inventories at $21,936,000[158] Stockholder Equity - Gatos Silver's stockholders' equity improved to $412,707,000 in 2024 from $367,547,000 in 2023, showing an increase of 12.3%[32] - Total stockholders' equity is reported at $412,707,400, with common stock at $118,000 and paid-in capital at $559,018,000[160] - The total stockholders' equity is reported at $1,450,080,000[168] Stock Options and Compensation - Total stock-based compensation for 2024 was $6,152 million, an increase of 15.3% from $5,336 million in 2023[71] - The company granted 938,822 stock options in 2024 with a weighted-average grant-date fair value of $4.17 per share, compared to 1,266,745 stock options in 2023 at $2.91 per share[73] - The company recognized a cash payout of $1,013 million for Performance Share Units (PSUs) settled on December 20, 2024, representing a 167% payout based on performance metrics[77] - The number of Restricted Stock Units (RSUs) outstanding increased to 1,087,023 by December 31, 2024, with an average price of $6.96 per share[79] Mergers and Acquisitions - The Company has entered into a Merger Agreement with First Majestic Silver Corp., where stockholders will receive 2.55 shares of First Majestic for each share of Gatos Silver[45] - Following the merger, the Company's stockholders will own approximately 38% of the outstanding First Majestic common shares[47] - The acquisition of Gatos by First Majestic was completed on January 16, 2025, with a total of 177,433,006 common shares issued[132] - The total purchase price for the acquisition of Gatos is $1,054,223,000, based on the issuance of 177,433,006 common shares[150] Tax and Deferred Tax - The consolidated income tax expense for the year ended December 31, 2024, was $516, compared to $114 for 2023, reflecting an increase of approximately 354%[104] - The Company recorded a valuation allowance against deferred tax assets of $30,482 and $38,672 for the years ended December 31, 2024 and 2023, respectively[109] - The deferred tax liabilities are recorded at $369,986,000, reflecting significant tax obligations[136] Other Financial Metrics - The Company incurred no interest expense for the year ended December 31, 2024, while it recognized interest expense of $679 and paid $413 in interest for the year ended December 31, 2023[102] - Interest income for the year is $6,360,000, while interest expense totals $939,000[161] - The estimated fee payable to financial advisors in connection with the merger is $19.6 million[93]