Earnings ·
First Majestic Silver Corp. reported Q2 2026 revenues of $415.5 million, up 57% year-over-year, driven by a 90%…
AGFirst Majestic Silver Corp
First Majestic Silver Corp. reported Q2 2026 revenues of $415.5 million, up 57% year-over-year, driven by a 90% increase in realized silver prices to $63.98 per ounce and a 40% rise in gold prices. Net earnings attributable to shareholders reached $109.4 million ($0.22 EPS), compared to $52.5 million in Q2 2025, despite a one-time $10.1 million tax settlement expense. The company produced 3.8 million silver ounces and 34,660 gold ounces, with cash costs per AgEq ounce at $18.06 and AISC at $25.68. Treasury holdings grew to $1,252.7 million, including $159.4 million in restricted cash. The Board declared a quarterly dividend of $0.0152 per share, payable August 31, 2026, to record holders on August 14, 2026. First Majestic Silver Corp. operates silver and gold mines in North America.