They’re pouring capital into expansions + restarting Jerritt Canyon.
This is growth mode.
3/ Why This Matters for Silver Bulls
First Majestic ($AG) is a pure-play silver producer with operational leverage.
Higher production + rising silver prices = explosive upside.
Peter Schiff and others have been screaming about the coming monetary crisis and silver heading OVER $200:
When producers start delivering more ounces right as supply tightens… that’s how you get parabolic moves.
4/ Other Notable Points
Heavy expansionary capex (Jerritt Canyon restart targeted for H2 2027)
Sold non-core asset (Del Toro)
New CFO appointed
Conference call: July 30, 2026 at 8:30am PT / 11:30am ET
First Majestic is positioning for the next leg up.
5/ Bottom Line
First Majestic isn’t just meeting expectations -they’re raising them while silver remains structurally bullish.
If you believe the gold & silver bull market is still in progress & believe in silver’s fundamentals (industrial demand + monetary hedge), this is EXACTLY the kind of company you want leveraged to it.
The SilverTrade Insider publishes market news and interviews with named analysts. Opinions expressed by contributors and interviewees are their own, and they may hold positions in the metals, miners or securities they discuss. Nothing here is investment advice.
SilverTrade is affiliated with SD Bullion, a precious-metals retailer, and SD Depository, a precious-metals storage company. Some contributors hold roles at affiliated companies. See our Editorial Policy.
