FULL DISCLOSURE: First Majestic Silver is a sponsor of theDeepDive.ca.
First Majestic Silver (TSX: AG) (NYSE: AG) last Thursday published their second quarter financial results. And while they initially opened in the green, they ultimately fell into the red after the price of silver fell below the $38 handle after some poor PPI numbers were released.
A roller coaster for precious metals stocks on the day of filming. Even still, the second quarter was a strong one for First Majestic. The results marked the second consecutive quarter of record quarterly revenue, while new records were also set in terms of EBITDA, free cash flow, and the current treasury position.
Market volatility aside, this is a name that has demonstrated very strong results through the first half of 2025.
Lets dive in.
FULL DISCLOSURE: First Majestic Silver Corp. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Majestic Silver Corp. The author has been compensated to cover First Majestic Silver Corp. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
