Business description: First Majestic Silver Corp.

First Majestic Silver Corp. is a mining company. The Company is focused on silver and gold production in Mexico and the United States. It owns and operates approximately 350,000 hectares of land package, which include the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, and a 70% joint venture interest in the Cerro Los Gatos Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Mexico.

Number of employees: 4,000

Sales by Activity: First Majestic Silver Corp.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Mexico - Los Gatos

- - - - 49Cr

Mexico - Santa Elena

12Cr 19Cr 22Cr 29Cr 35Cr

Mexico - SAN Dimas

28Cr 23Cr 24Cr 20Cr 30Cr

Mexico - La Encantada

8.17Cr 6.77Cr 6.41Cr 6.53Cr 10Cr

United States - First Mint

- - - 1.6Cr 4.94Cr

United States - Jerritt Canyon

12Cr 13Cr 4.05Cr 40.01L 13.26L

Others

1.09Cr 1.17Cr 88.89L - -

Intercompany Elimination

-2.51Cr -43.15L -70.41L -1.11Cr -3.23Cr

Executive Committee: First Majestic Silver Corp.

Manager TitleAgeSince
Chief Executive Officer 66 01/11/2001
President - 01/01/2026
Director of Finance/CFO - 28/03/2022
Chief Tech/Sci/R&D Officer - 24/11/2021
Chief Operating Officer - 03/02/2020

Composition of the Board of Directors: First Majestic Silver Corp.

Director TitleAgeSince
Director/Board Member 66 05/12/1998
Director/Board Member 56 01/03/2017
Chairman 71 01/01/2022
Director/Board Member 60 01/07/2021
Director/Board Member 66 26/05/2022
Director/Board Member - 20/05/2025

Shareholders: First Majestic Silver Corp.

NameEquities%Valuation
Van Eck Associates Corp.
8.14 %
4,01,40,689 8.14 % 862 M $
Tidal Investments LLC
4.935 %
2,43,36,779 4.935 % 523 M $
Mirae Asset Global ETFs Holdings Ltd.
3.89 %
1,91,82,180 3.89 % 412 M $
Vanguard Fiduciary Trust Co.
3.852 %
1,89,95,222 3.852 % 408 M $
Arrowstreet Capital LP
3.05 %
1,50,41,912 3.05 % 323 M $

Holdings: First Majestic Silver Corp.

NameEquities%Valuation
5,15,63,076 27.98% 68 M $
12,88,26,526 16.33% 43 M $
69,91,019 9.35% 2 M $

Company details: First Majestic Silver Corp.

First Majestic Silver Corp.

925 West Georgia Street

V6C 3L2, Vancouver

+604-688-3033

http://www.firstmajestic.com
address First Majestic Silver Corp.(AG)

Group companies: First Majestic Silver Corp.

NameCategory and Sector
Precious Metals
Other Metals/Minerals
Corporacion First Majestic SA de CV
Corporacion First Majestic SA de CV
Nusantara de Mexico SA de CV

Silver Mining

Change 5d. change 1-year change 3-years change Capi.($)
+2.25%+1.24%+226.21%+195.61% 1.28TCr
+6.02%+13.40%+292.81%+810.00% 609.02Cr
+4.72%+5.43%+154.00%+142.53% 287.7Cr
+1.38%+13.14%+224.17%+227.80% 279.1Cr
+0.69%+10.02%+114.15%+137.74% 257.04Cr
+1.53%+12.48%+463.39%+593.41% 84Cr
-2.70%+2.86%+85.57%-30.77% 29Cr
-3.00%+11.07%+109.35% - 20Cr
-1.35%+9.58%+106.20%+306.67% 17Cr
Average +1.06%+7.73%+197.32%+297.87% 318.17Cr
Weighted average by Cap. +2.95%+3.61%+226.87%+329.86%
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
28.86CAD
Average target price
38.25CAD
Spread / Average Target
+32.54%

Quarterly revenue - Rate of surprise

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