First Majestic Silver ( (AG) ) has released its Q3 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 publicly traded mining company specializing in silver and gold production, operating primarily in Mexico and the United States, with a unique feature of owning its own minting facility.
In its third quarter of 2025, First Majestic Silver reported record financial results, highlighted by a significant increase in silver production and revenue. The company’s strategic expansion and operational improvements have driven substantial growth compared to the previous year.
Key financial metrics for the quarter include a 96% year-over-year increase in silver production, reaching 3.9 million ounces, and a 95% rise in revenue to $285.1 million. The addition of the Los Gatos Silver Mine and improved operations at San Dimas contributed significantly to these results. The company also reported record mine operating earnings of $99.1 million and a record cash position of $568.8 million.
The company’s cash costs and all-in sustaining costs per silver equivalent ounce saw slight improvements, reflecting operational efficiencies. Additionally, First Majestic’s First Mint facility achieved record sales, and the company was recognized for its sustainability practices with a favorable ESG risk rating.
Looking ahead, First Majestic’s management remains optimistic about future growth, supported by ongoing exploration and development activities aimed at extending mine life and increasing production capacity.