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First Majestic Silver ( (TSE:AG) ) has provided an update.
First Majestic Silver Corp. reported a significant increase in production for Q2 2025, with 7.9 million silver equivalent ounces produced, marking a 48% year-over-year growth. This increase was driven by a 76% rise in silver production and a 17% increase at San Dimas, despite weather-related disruptions. The company has revised its 2025 guidance positively, reflecting improved production and cost targets, and has announced a new high-grade gold and silver discovery at the Santa Elena property. The integration of the Los Gatos mine is progressing well, contributing to the company’s strong operational performance and positioning it favorably in the current metal price environment.
The most recent analyst rating on (TSE:AG) stock is a Hold with a C$11.25 price target. To see the full list of analyst forecasts on First Majestic Silver stock, see the TSE:AG Stock Forecast page.
Spark’s Take on TSE:AG Stock
According to Spark, TipRanks’ AI Analyst, TSE:AG is a Neutral.
First Majestic Silver’s overall score is driven by strong financial growth and positive corporate events, partially offset by valuation concerns and profitability challenges. The technical analysis indicates bullish momentum, but the stock is nearing overbought conditions.
To see Spark’s full report on TSE:AG stock, click here.
More about First Majestic Silver
First Majestic Silver Corp. is a mining company primarily focused on the production of silver and gold. It operates four underground mines in Mexico, including the Los Gatos Silver Mine, Santa Elena Silver/Gold Mine, San Dimas Silver/Gold Mine, and La Encantada Silver Mine. The company is known for its active exploration programs and its strategic focus on leveraging synergies and opportunities within its operations.
Average Trading Volume: 1,526,159
Technical Sentiment Signal: Buy
Current Market Cap: C$5.75B
Learn more about AG stock on TipRanks’ Stock Analysis page.