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First Majestic Silver Reports Record Q2 2025 Results

First Majestic Silver Reports Record Q2 2025 Results

First Majestic Silver ( (AG) ) has released its Q2 earnings. Here is a breakdown of the information First Majestic Silver presented to its investors.

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First Majestic Silver Corp. is a mining company focused on silver and gold production, operating primarily in Mexico and the United States, with a unique feature of owning its own minting facility. The company announced record financial results for the second quarter of 2025, highlighted by a significant increase in silver equivalent production and revenue. Key financial metrics include a 94% year-over-year increase in revenue to $264.2 million, driven by a 48% rise in silver equivalent production and a 24% increase in average realized silver prices. The company also reported record EBITDA of $119.9 million and net earnings of $56.6 million, reversing a net loss from the previous year. Looking ahead, First Majestic remains optimistic about realizing synergies and cost reductions following the integration of the Los Gatos Silver Mine, and continues to focus on exploration and development projects to sustain its growth trajectory.

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