First Majestic Q3 Earnings: Another RECORD Quarter!

FULL DISCLOSURE: First Majestic Silver is a sponsor of theDeepDive.ca.

It was a rough day in the market for First Majestic Silver (TSX: AG) (NYSE: AG) on Wednesday following the release of their third quarter financial results, with the company seemingly unable to catch a break with the timing of their earnings releases.

The company saw the equity sink sharply  on the day before recovering to a decline of just 7.6%. All this comes amid another record breaking quarter for the company, who in the third quarter saw a total of ten new records set in terms of its performance, including record operating cash flow of $0.29 a share.

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.

One Response

  1. FM has advertised a job opening dated Oct 21 for an Environmental Superintendent for Jarrett Canyon. Do they need such a person to only maintain Jarrett’s care and maintenance, OR can we interpret this as evidence that FM is getting closer to resuming Jarrett operations?

Video Articles

Gold, Silver & the $1.48 Quadrillion Derivatives Threat | Lynette Zang – Zang International

These Mining Stocks Have Huge Upside… But Here’s the Catch | Oct. 19-23 – Weekly Mining Mailbag

Selkirk Copper: Why The PEA Discount?

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

First Majestic Silver (TSX: AG) (NYSE: AG) is expecting meaningful mineral resource growth at their...
Thursday, September 4, 2025, 04:53:00 PM

First Majestic Silver Guides To Substantial Production Growth In 2025 With Addition Of Cerro Los Gatos

First Majestic Silver (TSX: AG) (NYSE: AG) has released its production and cost guidance for...
Friday, February 14, 2025, 07:34:27 AM

Five Major U.S. Banks Face Billions in Losses as Surging Silver Prices Pressure Short Sellers

Silver prices have spiked significantly in October, climbing nearly 8% this month to exceed $33.60...
Sunday, October 27, 2024, 07:46:00 AM

First Majestic Posts Record Silver Production In First Quarter Of 2025

First Majestic Silver (TSX: AG) (NYSE: AG) this morning reported record silver production for the...
Wednesday, April 9, 2025, 04:20:00 PM

First Majestic Silver Shares Drop Following Q4 2023 Results

First Majestic Silver Corp. (TSX: FR) concluded 2023 with robust performance, announcing a total production...

Tuesday, January 16, 2024, 11:41:48 AM