First Majestic Silver Stock Net Income

AG Stock   43.19  0.45  1.03%   
As of the 2nd of March, First Majestic shows the Downside Deviation of 5.06, mean deviation of 3.95, and Coefficient Of Variation of 328.8. First Majestic Silver technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

First Majestic Total Revenue

1.34 Billion

First Majestic's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing First Majestic's valuation are provided below:
Gross Profit
693.4 M
Profit Margin
0.1312
Market Capitalization
21.5 B
Enterprise Value Revenue
11.9113
Revenue
1.3 B
We have found one hundred twenty available fundamental signals for First Majestic Silver, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify First Majestic's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 2nd of March 2026, Market Cap is likely to grow to about 8.4 B. Also, Working Capital is likely to grow to about 2.1 M This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income167.8 M176.2 M
Net Income From Continuing Ops211 M221.5 M
Net Income Applicable To Common Shares164.9 M173.2 M
Net Income Per Share 0.35  0.37 
Net Income Per E B T 0.42  0.70 
As of the 2nd of March 2026, Net Income is likely to grow to about 176.2 M. Also, Net Income From Continuing Ops is likely to grow to about 221.5 M.
  
Evaluating First Majestic's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into First Majestic Silver's fundamental strength.

Latest First Majestic's Net Income Growth Pattern

Below is the plot of the Net Income of First Majestic Silver over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Majestic Silver financial statement analysis. It represents the amount of money remaining after all of First Majestic Silver operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Majestic's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Majestic's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 167.81 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

First Net Income Regression Statistics

Arithmetic Mean(16,071,241)
Coefficient Of Variation(644.78)
Mean Deviation81,195,737
Median(39,080,585)
Standard Deviation103,623,835
Sample Variance10737.9T
Range370.5M
R-Value0.05
Mean Square Error11426.9T
R-Squared0
Significance0.85
Slope994,582
Total Sum of Squares171806.4T

First Net Income History

2026176.2 M
2025167.8 M
2024-97 M
2023-137.3 M
2022-110.9 M
2021-4.8 M
202024.3 M

First Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for First Majestic is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Income. Since First Majestic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Majestic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Majestic's interrelated accounts and indicators.
Understanding that First Majestic's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether First Majestic represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, First Majestic's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

First Majestic 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Majestic's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Majestic.
0.00
12/02/2025
No Change 0.00  0.0 
In 3 months and 1 day
03/02/2026
0.00
If you would invest  0.00  in First Majestic on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding First Majestic Silver or generate 0.0% return on investment in First Majestic over 90 days. First Majestic is related to or competes with Rock Tech, Stillwater Critical, Pulsar Helium, Arizona Metals, Surge Battery, Critical Elements, and Solitario Exploration. First Majestic is entity of Canada. It is traded as Stock on TO exchange. More

First Majestic Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Majestic's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Majestic Silver upside and downside potential and time the market with a certain degree of confidence.

First Majestic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Majestic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Majestic's standard deviation. In reality, there are many statistical measures that can use First Majestic historical prices to predict the future First Majestic's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Majestic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
35.4640.5845.70
Details
Intrinsic
Valuation
LowRealHigh
38.0843.2048.32
Details
Naive
Forecast
LowNextHigh
46.2551.3756.49
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.400.400.40
Details

First Majestic March 2, 2026 Technical Indicators

First Majestic Silver Backtested Returns

First Majestic is not too volatile given 3 months investment horizon. First Majestic Silver secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.21% are justified by taking the suggested risk. Use First Majestic Downside Deviation of 5.06, mean deviation of 3.95, and Coefficient Of Variation of 328.8 to evaluate company specific risk that cannot be diversified away. First Majestic holds a performance score of 18 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.32, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Majestic will likely underperform. Use First Majestic treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to analyze future returns on First Majestic.

Auto-correlation

    
  0.74  

Good predictability

First Majestic Silver has good predictability. Overlapping area represents the amount of predictability between First Majestic time series from 2nd of December 2025 to 16th of January 2026 and 16th of January 2026 to 2nd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Majestic Silver price movement. The serial correlation of 0.74 indicates that around 74.0% of current First Majestic price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.52
Residual Average0.0
Price Variance20.91
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

First Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

255.53 Million

At this time, First Majestic's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, First Majestic Silver reported net income of 167.81 M. This is 1494.42% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net income for all Canada stocks is 70.61% higher than that of the company.

First Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Majestic's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Majestic could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics of similar companies.
First Majestic is currently under evaluation in net income category among its peers.

First Majestic Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Majestic from analyzing First Majestic's financial statements. These drivers represent accounts that assess First Majestic's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Majestic's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap2.7B2.2B1.7B1.6B8.0B8.4B
Enterprise Value2.7B2.3B1.9B1.6B7.5B7.9B

Fund Asset Allocation for First Majestic

The fund consists of 90.81% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.
Asset allocation divides First Majestic's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors for a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will manage securities in the fund's portfolio as market conditions and the fund's objectives change.

First Fundamentals

About First Majestic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Majestic Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Majestic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Majestic Silver based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with First Majestic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Majestic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Majestic will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

  0.92ORE Orezone Gold CorpPairCorr
  0.93FDY Faraday Copper CorpPairCorr

Moving against First Stock

  0.4PVF-UN Partners Value InvesPairCorr
The ability to find closely correlated positions to First Majestic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Majestic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Majestic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Majestic Silver to buy it.
The correlation of First Majestic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Majestic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Majestic Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Majestic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Understanding that First Majestic's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether First Majestic represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, First Majestic's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.