First Majestic Sees Record Treasury and Improved Earnings

First Majestic Silver Corp. has announced its unaudited condensed interim consolidated financial results for the second quarter ended June 30, 2026.

The Vancouver-based company reported steady improvements in production during this period, with silver and gold production up 3% and 2%, respectively, compared to the same quarter last year.

Revenues increased significantly, rising by 57% year-over-year to $415.5 million, driven by higher realized silver and gold prices, despite a rise in silver and gold bullion inventories to $78.0 million.

A focus on operational efficiency resulted in meaningful year-over-year margin expansion, with mine operating earnings increasing to $223.6 million compared to $49.4 million during the same period last year.