Logotype for First Majestic Silver Corporation

First Majestic Silver (AG) investor relations material

First Majestic Silver Nordic Funds & Mines Conference 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for First Majestic Silver Corporation
Nordic Funds & Mines Conference 2025 summary9 Oct, 2025

Market outlook and industry trends

  • Silver and gold prices are near record highs, with silver approaching $50 and gold at $4,000, creating a favorable environment for miners.

  • The silver-to-gold ratio is considered unsustainable, with silver production in deficit for five consecutive years.

  • Global silver mining output has been flat for a decade, and new mine development faces long lead times due to permitting and regulatory hurdles.

  • Electrification and nuclear energy trends are driving increased industrial demand for silver, with deficits expected to persist until prices rise further.

  • 60% of silver produced is consumed by industry, and demand has grown substantially since 2022.

Operational performance and growth

  • Production reached a record high in Q3, with 32 million silver-equivalent ounces expected for the year, 55% silver and 35% gold.

  • The Los Gatos acquisition in January 2024 added a fourth mine, increasing output by about 30% and boosting CapEx.

  • Ongoing mill expansions at Santa Elena and Los Gatos aim to increase throughput, with CapEx for 2026 to be detailed in January.

  • Four producing mines in Mexico provide operational synergies, cost savings, and flexibility in resource allocation.

  • Exploration efforts are focused on replacing mined ounces, with 30 drill rigs active and several recent discoveries.

Financial highlights and strategy

  • Cash balance exceeded $510 million as of June 30, with Q3 results showing continued growth.

  • Revenues for 2025 are projected to surpass $1 billion, a significant milestone.

  • Dividend policy is tied to 1% of total revenues, with $10 million in dividends expected this year and potential for increases.

  • The company is highly liquid, with strong institutional and ETF support, and recent analyst upgrades.

  • Acquisition strategy remains central, with ongoing evaluation of M&A opportunities to drive future growth.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next First Majestic Silver earnings date

Logotype for First Majestic Silver Corporation
Q3 20256 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next First Majestic Silver earnings date

Logotype for First Majestic Silver Corporation
Q3 20256 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. The company holds 100% interests in 6 producing mines; 5 of the mines are located in Mexico, and 1 mine is located in Canada. It also has 100% interests in 5 development stage projects, 2 advance exploration projects, 4 exploration properties, as well as various non-core assets. The company has 10 joint ventures on properties located in Mexico and Canada. First Majestic Silver Corp. was founded in 1979 and is headquartered in Vancouver, Canada.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage