AG
First Majestic Silver Corp.
There isn't enough reported data to score AG yet.
AG Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Strong |
AG's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
AG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $13.99 | — |
| Current | 41x | $13.99 | — |
| Cheap | 45x | $15.14 | +8.2% |
| Fair | 60x | $20.48 | +46% |
| Expensive | 144x | $48.84 | +249% |
Historical ranges are pointers, not guarantees.
AG's PE is 41x, but its earnings don't support one, so it isn't a reliable read right now.
AG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Decline | |
| Improving | |
| Limited | |
| High |
Analysts expect AG's earnings and revenue to decline, though with profitability improving.
AG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.90 | +164% |
| Q4 2025 | $0.34 | +$0.68 |
| Q4 2024 | -$0.34 | +$0.14 |
| Q4 2023 | -$0.48 | -$0.05 |
| Q4 2022 | -$0.43 | -$0.41 |
| Q4 2021 | -$0.02 | -118% |
| Q4 2020 | $0.11 | +$0.31 |
| Q4 2019 | -$0.20 | +$0.91 |
| Q4 2018 | -$1.11 | -$0.79 |
AG has returned to profit: it earned $0.34 per share over the past year, after losing money the year before.
AG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $1.3B | +124% |
| Q4 2024 | $560.6M | -2.3% |
| Q4 2023 | $573.8M | -8.1% |
| Q4 2022 | $624.2M | +6.9% |
| Q4 2021 | $584.1M | +61% |
| Q4 2020 | $363.9M | 0% |
| Q4 2019 | $363.9M | +21% |
| Q4 2018 | $300.9M | +19% |
AG's revenue has grown year over year every quarter since late 2017: $1.3B last quarter, up 115% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | 32% | +23 points |
| Q4 2024 | -0.7% | -12 points |
| Q4 2023 | -31% | -22 points |
| Q4 2022 | -6.3% | +77 points |
| Q4 2021 | 8.4% | +37 points |
| Q4 2020 | 11% | +6.2 points |
| Q4 2019 | -8.8% | -25 points |
| Q4 2018 | -83% | N/A |
AG's operating margin was 32% last quarter, up 23 points from the same quarter a year ago, near the top of its range since 2016.
AG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | $463.9M | +252% |
| Q4 2024 | $131.9M | +458% |
| Q4 2023 | $23.6M | +$64.3M |
| Q4 2022 | -$40.7M | -435% |
| Q4 2021 | $12.2M | -67% |
| Q4 2020 | $36.4M | -63% |
| Q4 2019 | $98.4M | +$100.1M |
| Q4 2018 | -$1.7M | -104% |
AG generated $579M in free cash flow over the past year, about four times what it generated the year before.
AG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +64% | +189M shares |
| 1 year | +98% | +240M shares |
| 3 years | +211% | +329M shares |
AG has 485M diluted shares, up 98% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2016 | — |
| Q3 2016 | — |
AG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | -0.8x | Net Cash |
| Q4 2024 | 0.1x | Very low |
| Q4 2022 | 0.6x | Very low |
| Q4 2021 | -0.3x | Net Cash |
| Q4 2020 | -0.9x | Net Cash |
| Q4 2019 | -0.4x | Net Cash |
| Q4 2017 | -14.3x | Net Cash |
AG has more cash than debt.
AG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.3 | Neutral |
| Stochastic | 6.6 | Oversold |
AG's weekly RSI is 38 (neutral) and its Stochastic is 7 (oversold).
AG PE vs Basic Materials Sector
| Metric | AG | Sector median | Relative |
|---|---|---|---|
| PE | 41x | 19x | 121% above |
| PE % | 13 | 40 | 27 pts below |
AG is trading at 41x earnings, a 121% premium to the Basic Materials sector's median of 19x, though its earnings don't support one.
AG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.0 | 13% below |
| 20 week MA | $17.5 | 20% below |
| 50 week MA | $19.3 | 28% below |
| 100 week MA | $13.8 | 1.7% above |
| 200 week MA | $9.95 | 41% above |
AG has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 41% above its 200-week average.
AG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.9 | $12.7 | +7.1% |
| 2021 | $12.7 | $11.5 | -9.4% |
| 2022 | $11.5 | $8.68 | -25% |
| 2023 | $8.68 | $6.15 | -29% |
| 2024 | $6.15 | $5.54 | -9.9% |
| 2025 | $5.54 | $17.4 | +214% |
| 2026 YTD | $17.4 | $14.0 | -20% |
AG has finished lower in four of the last six years. It's down 20% so far in 2026.