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First Majestic Silver Corp. (AG) Stock Fundamental Analysis & AI Rating 2026

AG NYSE Gold and Silver Ores A1 CIK: 0001308648
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2026-03-19
Combined AI Rating
BUY
42% Confidence
AGREEMENT
HOLD
5% Conf
BUY
78% Conf

📊 AG Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: N/A
Current Ratio: N/A
Debt/Equity: N/A
EPS: $0.00
AI Rating: HOLD with 5% confidence
First Majestic Silver Corp. (AG) receives a BUY rating with 42% confidence from our AI fundamental analysis based on SEC 10-K filings. Below is our complete AG stock analysis for 2026.

Is First Majestic Silver Corp. (AG) a Good Investment?

Claude

Unable to conduct meaningful fundamental analysis due to complete absence of financial data from SEC EDGAR. All income statement, balance sheet, cash flow, and profitability metrics are unavailable, preventing assessment of profitability trends, financial health, or growth quality.

ChatGPT

First Majestic’s latest SEC-filed annual results show a sharp step-up in scale and profitability, with revenue rising to $1.26 billion in 2025 from $560.6 million in 2024, operating earnings improving to $397.1 million from a loss, and operating cash flow reaching $526.0 million. Financial health is solid, with $793.4 million of cash against about $292.2 million of debt facilities and a current ratio above 2.5, but growth quality is mixed because a large share of the improvement came from the Gatos acquisition and tax-related exposures remain significant.

Why Buy First Majestic Silver Corp. Stock? AG Key Strengths

Claude
  • -No strengths identified
ChatGPT
  • + Profitability improved materially in 2025, with mine operating earnings of $450.0 million and net income of $211.0 million after a 2024 loss.
  • + Liquidity is strong, supported by $793.4 million of cash, $1.19 billion of current assets, and robust free cash flow generation.
  • + Balance sheet leverage is modest relative to equity, and the Los Gatos acquisition added a large, profitable operating asset.

AG Stock Risks: First Majestic Silver Corp. Investment Risks

Claude
  • ! No financial data available for analysis
  • ! Inability to assess revenue, earnings, or cash flow performance
  • ! Cannot evaluate balance sheet strength, liquidity position, or leverage ratios
  • ! Zero insider buying activity in last 90 days suggests minimal confidence from management
  • ! Data freshness is non-existent, indicating potential reporting issues or data retrieval problems
ChatGPT
  • ! Mexican tax disputes remain a major overhang, with a large 2025 tax accrual and elevated current income taxes payable.
  • ! A meaningful portion of 2025 improvement was acquisition-driven, so integration and sustaining performance at Los Gatos are critical.
  • ! Mining operations carry execution, cost, reserve, and reclamation risks, including sizable closure obligations such as Jerritt Canyon.

Key Metrics to Watch

Claude
  • * SEC EDGAR data availability and filing currency
  • * Revenue and operating cash flow trends once data becomes available
  • * Debt-to-equity ratio and current ratio for financial stability assessment
ChatGPT
  • * Operating cash flow and free cash flow after sustaining and development capital
  • * Cash taxes, tax contingencies, and operating contribution from Los Gatos

First Majestic Silver Corp. (AG) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
N/A
EPS (Diluted)
$0.00
Free Cash Flow
N/A
Total Assets
N/A
Cash Position
N/A

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

AG Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE N/A
ROA N/A
FCF Margin N/A

AG vs Market Sector: How First Majestic Silver Corp. Compares

How First Majestic Silver Corp. compares to Market sector averages

Net Margin
AG 0.0%
vs
Sector Avg 12.0%
AG Sector
ROE
AG 0.0%
vs
Sector Avg 15.0%
AG Sector
Current Ratio
AG 0.0x
vs
Sector Avg 1.8x
AG Sector
Debt/Equity
AG 0.0x
vs
Sector Avg 0.7x
AG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is First Majestic Silver Corp. Stock Overvalued? AG Valuation Analysis 2026

Based on fundamental analysis, First Majestic Silver Corp. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

First Majestic Silver Corp. Balance Sheet: AG Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
N/A
Long-term Debt
N/A

AG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

AG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for First Majestic Silver Corp. (CIK: 0001308648)

📋 Recent SEC Filings

Date Form Document Action
May 3, 2021 SC 13G ea140296-13gsprott_firstmaj.htm View →
Feb 11, 2020 SC 13G d881431dsc13g.htm View →
May 14, 2019 4 xslF345X03/primary_doc.xml View →
May 21, 2018 SC 13G eh1800702_13g-fmsc.htm View →
Feb 13, 2013 SC 13G schedule13g.htm View →

Frequently Asked Questions about AG

What is the AI rating for AG?

First Majestic Silver Corp. (AG) has a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 42% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AG's key strengths?

Claude: . ChatGPT: Profitability improved materially in 2025, with mine operating earnings of $450.0 million and net income of $211.0 million after a 2024 loss.. Liquidity is strong, supported by $793.4 million of cash, $1.19 billion of current assets, and robust free cash flow generation..

What are the risks of investing in AG?

Claude: No financial data available for analysis. Inability to assess revenue, earnings, or cash flow performance. ChatGPT: Mexican tax disputes remain a major overhang, with a large 2025 tax accrual and elevated current income taxes payable.. A meaningful portion of 2025 improvement was acquisition-driven, so integration and sustaining performance at Los Gatos are critical..

What is AG's revenue and growth?

First Majestic Silver Corp. reported revenue of N/A.

Does AG pay dividends?

First Majestic Silver Corp. does not currently pay dividends.

Where can I find AG SEC filings?

Official SEC filings for First Majestic Silver Corp. (CIK: 0001308648) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AG's EPS?

First Majestic Silver Corp. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, First Majestic Silver Corp. has a BUY rating with 42% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is AG stock overvalued or undervalued?

Valuation metrics for AG: ROE of N/A (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy AG stock in 2026?

Our dual AI analysis gives First Majestic Silver Corp. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AG's free cash flow?

First Majestic Silver Corp.'s operating cash flow is N/A, with capital expenditures of N/A.

How does AG compare to other Market stocks?

Vs Default sector averages: Net margin N/A (avg: 12%), ROE N/A (avg: 15%), current ratio N/A (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2026-03-19 | Powered by Claude AI