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First Majestic Silver reports Q2 revenue up 57% to $415.5M, net earnings $109.4M, driven by higher silver and gold prices.

Company Fundamentals
30 Jul 2026
Newsfile Corp
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Bullish
First Majestic Silver reports Q2 revenue up 57% to $415.5M, net earnings $109.4M, driven by higher silver and gold prices.

First Majestic Silver Corp. announced strong Q2 2026 results with revenues rising 57% year-over-year to $415.5 million, driven by a 90% increase in silver prices and 40% increase in gold prices. Net earnings doubled to $109.4 million, supported by higher production and operational efficiency. The company’s treasury grew 34% to $1.25 billion, and it declared a quarterly dividend nearly four times higher than last year. These results reflect robust demand and favorable market conditions, positioning First Majestic for continued growth in silver and gold mining.

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