Recent Updates — AG

First Majestic Silver Corp. has agreed with the Government of Mexico to temporarily suspend its NAFTA Chapter 11 arbitration proceedings regarding a legacy tax issue involving its subsidiary, Primero Empresa Minera S.A. de C.V. The tribunal issued an order suspending the case until December 31, 2026, as both parties work to finalize and implement a settlement framework agreed upon in principle. If a final settlement is not reached by year-end, proceedings will resume unless extended into early 2027. First Majestic Silver Corp. operates silver and gold mines in Mexico and the United States.

First Majestic Silver Corp. reported third-quarter 2026 attributable production of 3.4 million silver ounces, 29,552 gold ounces, and 13.3 million pounds of zinc from its four producing mines in Mexico. Silver output reached 72% of the revised annual guidance midpoint, primarily due to a labor dispute at San Dimas that reduced operations by 12 days. The company also announced the renewal of its Normal Course Issuer Bid, authorized to repurchase up to 10 million common shares over the next 12 months starting October 14, 2026. Additionally, First Majestic confirmed it will release Q3 financial results and dividend details on November 5, 2026. The company operates underground silver and gold mines in Mexico and is preparing to restart the Jerritt Canyon Gold Mine in Nevada.

First Majestic Silver Corp. reported Q2 2026 results with revenue of $415.5 million, up 57% year-over-year, and net earnings of $109.4 million (EPS $0.22). The company declared a quarterly cash dividend of $0.0152 per common share, payable on or about August 31, 2026 to holders of record as of August 14, 2026. Free cash flow reached $194.6 million, and treasury increased by 34% to $1,252.7 million. Silver production rose 3% to nearly 3.8 million ounces, while gold output grew 2%. The company also repurchased 1.2 million shares for $22.7 million under its current program. First Majestic is a precious metals mining company focused on silver and gold production in Mexico and the United States.

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.