Details for the Second Quarter 2025 Results Conference Call by First Majestic Corporation
First Majestic Silver Corp., a publicly traded mining company focused on silver and gold production in Mexico and the United States, reported record-breaking second quarter 2025 results. The company achieved significant growth in revenue, silver equivalent production, and profitability.
The company's revenue for Q2 2025 rose 94% year-over-year to $264.2 million, with silver equivalent production increasing 48% to 7.9 million ounces. Net earnings were $56.6 million (EPS: $0.11), a substantial improvement from a $48.3 million loss in Q2 2024. The company also reported record EBITDA of $119.9 million and free cash flow of $77.9 million, with an all-time high treasury position of $510.1 million. The average realized silver price rose 24% to $34.62 per ounce.
Operationally, the company saw a 76% increase in silver production and a 48% increase in silver equivalent ounces after integrating the Los Gatos mine, which boosted revenue by 215% to $49.4 million in that segment. Cash costs were reduced to $15.08 per silver equivalent ounce, aided by exploration success extending mine life and resource flexibility.
First Majestic announced a quarterly dividend payment of $0.0048 per share, payable on September 15, 2025, and earned Prime ESG investment status for sustainability performance.
First Majestic will host a conference call and webcast on August 14, 2025, at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time) to discuss these Q2 2025 production and earnings results. The live webcast link of the call will be accessible at "Q2 2025 Results Conference Call" or the First Majestic home page at www.firstmajestic.com. A webcast archive will be available for three months through the same link as the live event.
The telephone replay will be available for seven days following the end of the event. The dial-in numbers for the conference call are provided: Canada & USA Toll-Free: 1-855-669-9658, Outside of Canada & US replay number: 1-412-317-0088, Access Code: 1902689.
First Majestic owns and operates four producing underground mines in Mexico: Los Gatos Silver Mine, Santa Elena Silver/Gold Mine, San Dimas Silver/Gold Mine, and La Encantada Silver Mine. The company also owns and operates its own minting facility, First Mint, LLC, and has a portfolio of development and exploration assets, including the Jerritt Canyon Gold project in northeastern Nevada, USA.
For further information, contact [email protected], visit www.firstmajestic.com, or call toll-free number 1.866.529.2807. A recording of the conference call will be available for telephone replay approximately one hour after the end of the event.
[1] First Majestic Silver Corp. Press Release, August 13, 2025. [2] First Majestic Silver Corp. Investor Relations, August 13, 2025. [3] First Majestic Silver Corp. Operations Update, July 23, 2025. [4] First Majestic Silver Corp. Newsfile Corp. via QuoteMedia, August 13, 2025. [5] Silver Price Data, August 13, 2025.
The significant growth in revenue, silver equivalent production, and profitability reported by First Majestic Silver Corp. in Q2 2025 is a testament to their success in the industry and finance sectors of business. As a result, the company's free cash flow, EBITDA, and treasury position also reached record highs, while cash costs were reduced. Furthermore, First Majestic will host a conference call for investors to discuss these results on August 14, 2025.
