First Majestic Silver

AG

Market cap $10.6B

Rick Rule has spent forty years telling investors to buy silver.

AG faces lower silver output in Q1, but Los Gatos mine gains and expansion plans may help offset production pressures ahead.

AG jumps 23.6% YTD, beating peers, but high valuation, production dips and tax issues suggest investors may want to wait for a better entry.

First Majestic's First Mint unit surges with record revenues and rising silver prices, boosting sales volumes and expanding its role in overall production growth.

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that total production in the first quarter of 2026 was 3.5 million ounces of silver ("Ag"), 34,341 ounces of gold ("Au"), 15.4 million pounds of zinc ("Zn"), 8.7 million pounds of lead ("Pb") and 262,913 pounds of copper ("Cu"), across the Company's four producing underground mines in Mexico, namely, the Santa Elena Silver/Gold Mine ("Santa Elena"), the Los Gatos Silver Mine ("Los Gatos") (the Company holds a 70% interest in the Los Gatos Joint Venture that owns the mine), the San Dimas Silver/Gold Mine ("San Dimas"), and the La Encantada Silver Mine ("La Encantada"). Q1 2026 PRODUCTION AND OTHER HIGHLIGHTS Quarterly Silver Production (26% of guidance midpoint): The Company produced 3.5 million silver ounces in Q1 2026 compared to 3.7 million silver ounces produced in Q1 2025, representing 26% of the 2026 silver production guidance midpoint.

AG gains from strong Los Gatos mine output and rising silver prices, with higher production and expansion plans driving growth momentum.

Gold mining stocks were reaching for new heights in Q1 2026, but their quest got derailed as uncertainty arose about the outlook. The war in the Middle East can cause all sorts of problems for gold and gold miners, something likely to continue in Q2 2026. While an oil crisis is a short-term headwind for gold and gold miners, the long-term impact could be more positive for both.

Targeting Production Restart in the Second Half of 2027 Vancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that it has commenced a restart plan for its Jerritt Canyon Gold Mine ("Jerritt Canyon") located in Nevada, USA, as a result of the new expanded Mineral Resource base combined with strengthened long-term gold price assumptions and successful drilling results over the past 2 years. As part of this plan, the Company has engaged Stantec Consulting Services Inc. to complete a pre-feasibility level study on Jerritt Canyon (the "Study") that is expected to be completed in Q4 of 2026.

Record Mineral Resources Strengthens Long-Term Value and Production Options Santo Niño Discovery Adds 27.4 Million Silver-Equivalent Ounces to Santa Elena Inferred Resources Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce its 2025 Mineral Reserve and Mineral Resource estimates for its four operating mines in Mexico and its Jerritt Canyon Gold Mine ("Jerritt Canyon") in Nevada, U.S.A., with an effective date of December 31, 2025.

AG stands out over CDE with strong production growth, rising estimates and momentum in its mining and minting operations.