First Majestic Silver Corp. (AG) Financings
TSX: AG · Silver, Gold · Production stage
- Market cap$11.15B
- Share price$22.61
- 52-week range$14.42 – $43.69
- Shares outstanding493,080,912
- ExchangeTSX
- Websitewww.firstmajestic.com
First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine located in northeastern Nevada, U.S.A. First Majestic operates its own minting facility, First Mint, LLC, and offers a portion of its silver production for sale to the public. Bars, ingots, coins, and medallions are available for purchase online at www.firstmint.com.
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First Majestic Silver Corp. financial statements
Key figures read from 38 of 38 financial statement filings, Nov 9, 2016 to Jul 30, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$793,435 | US$202,180 | US$125,581 | US$151,438 | US$237,926 |
| Total current assets | US$1,192,701 | US$368,821 | US$309,057 | US$370,289 | US$397,207 |
| Total current liabilities | US$459,139 | US$144,307 | US$120,138 | US$167,399 | US$172,822 |
| Working capital | US$733,562 | US$224,514 | US$188,919 | US$202,890 | US$224,385 |
| Property, plant and equipment | US$2,680,048 | US$1,034,522 | US$998,835 | US$1,061,124 | US$1,048,530 |
| Total assets | US$4,694,915 | US$1,979,788 | US$1,976,355 | US$2,110,009 | US$2,124,989 |
| Debt | US$292,216 | US$209,482 | US$219,812 | US$210,362 | US$181,233 |
| Total liabilities | US$1,521,949 | US$628,717 | US$618,235 | US$698,711 | US$714,018 |
| Shareholders' equity | US$3,172,966 | US$1,351,071 | US$1,358,120 | US$1,411,298 | US$1,410,971 |
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | US$1,257,157 | US$560,604 | US$573,801 | US$624,221 | US$584,117 |
| Cost of sales | US$543,672 | US$344,703 | US$410,057 | US$471,687 | US$366,085 |
| General and administrative | US$50,365 | US$39,597 | US$38,709 | US$36,372 | US$27,063 |
| Share-based compensation | US$18,539 | US$13,490 | US$13,177 | US$13,958 | US$12,290 |
| Impairments and write-downs | (US$20,336) | US$0 | US$7,229 | (US$2,651) | — |
| Net income (loss) | US$210,975 | (US$101,885) | (US$135,112) | (US$114,276) | (US$4,923) |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | US$526,010 | US$151,970 | US$55,614 | US$18,988 | US$68,723 |
| Investing cash flow | (US$28,176) | (US$114,160) | (US$153,999) | (US$213,797) | (US$180,753) |
| Financing cash flow | US$88,613 | US$42,410 | US$64,649 | US$113,886 | US$111,817 |
| Property, plant and equipment spending | (US$62,096) | (US$20,024) | (US$31,987) | (US$59,705) | (US$56,558) |
| Change in cash | US$586,447 | US$80,220 | (US$33,736) | (US$80,923) | (US$213) |
| Cash at end of period | US$793,435 | US$202,180 | US$125,581 | US$151,438 | US$237,926 |
First Majestic Silver Corp. financings
1 financing announced or closed by First Majestic Silver Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-03 | First Majestic Silver Corp. (AG) | Convertible debenture | Closed, 1 tranche | US$350.0M | — | First Majestic Launches Offering of Convertible Senior Notes |
First Majestic Silver Corp. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments First Majestic Silver Corp. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2025-12-08 | Convertible note / loan, closed / funded | — | US$300M | 0.125%, matures 2031 |
| 2021-12-02 | Convertible note / loan, closed / funded | — | US$200M | 0.375% |
| 2018-05-10 | Credit facility, amended | Bank of Nova Scotia | US$75M | 1% |