First Majestic Silver Shares Plummet 6.25% Amid Earnings Miss and Silver Price Volatility

First Majestic Silver Corp.'s shares declined by 6.25% on September 23, 2026, due to a sharp retreat in silver prices and lingering disappointment over its recent quarterly earnings miss.

The company's quarterly earnings per share fell short of analyst consensus estimates, despite achieving record revenue with substantial year-over-year growth driven by elevated metal prices.

First Majestic's revenue also missed consensus expectations, highlighting the challenge of translating operational achievements into financial results that meet market expectations.

The decline in shares occurred against a challenging backdrop, with silver prices falling as profit-booking emerged near recent highs and the dollar strengthened.