First Majestic Silver Q2 Output Hits 3.8M oz Silver, 34,660 oz Gold
First Majestic Silver reported Q2 2026 production of 3.8 million ounces of silver and 34,660 ounces of gold from its four Mexican mines, alongside updated guidance and cost outlook.
First Majestic Silver Corp. (NYSE: AG) (TSX: AG) reported Q2 2026 production results, with total output reaching 3.8 million ounces of silver and 34,660 ounces of gold from its four underground mines in Mexico. The company also announced updated 2026 production and cost guidance, along with details for its Q2 conference call.
The quarterly production came from the Santa Elena Silver/Gold Mine, Los Gatos Silver Mine (70% owned), San Dimas Silver/Gold Mine, and La Encantada Silver Mine. In addition to precious metals, the company produced 16.5 million pounds of zinc and 9.0 million pounds of lead. The updated guidance reflects the company's operational performance and outlook for the remainder of the year.
For precious metals traders, First Majestic's production figures provide insight into silver and gold supply from a major primary silver producer. Silver prices often react to supply-side developments, and any deviation from guidance can influence market sentiment. NowPrice's live gold and silver charts allow traders to track how the market prices these metals in real time, incorporating fundamental data like mine output.
Investors will watch the Q2 conference call for management commentary on cost trends, mine development, and any changes to full-year targets. The company's cost guidance is particularly relevant given inflationary pressures on mining inputs. Any signs of cost overruns or production shortfalls could impact the stock and, by extension, sentiment in the precious metals sector.