First Majestic Silver’s Revenue by Segment (2016-2023)

The statistics highlight First Majestic Silver’s Revenue by Segment, across Mexico – La Encantada, Mexico – Non-producing Properties, Mexico – San Dimas, Mexico – Santa Elena, Others, United States – Jeritt Canyon, and reported on a quarterly basis from Q1 2016 onwards.

First Majestic Silver’s Revenue by Segment

Mexico – La Encantada:

In the first quarter of 2023, Mexico – La Encantada division generated 12.0% of First Majestic Silver’s revenue. This chart depicts the company’s activities and revenue creation at the La Encantada mine in Mexico. In terms of silver output, the La Encantada mine is a major asset for First Majestic Silver.

Mexico – San Dimas:

The Mexico – San Dimas section accounted for 39.0% of total sales. It symbolizes the company’s activities at the San Dimas mine in Mexico, a prominent silver-gold mine. The San Dimas mine’s output and financial performance benefit First Majestic Silver greatly.

Mexico – Santa Elena:

Mexico – Santa Elena contributed 31.2% of total income. This division covers First Majestic Silver’s Santa Elena mine in Mexico, which contributes significantly to the company’s total revenue and growth. The mine’s silver and gold output significantly contribute to the company’s financial success.

United States – Jeritt Canyon:

The United States – Jeritt Canyon segment contributed 15.4% to the revenue. It represents the Jeritt Canyon mine located in the United States. This gold-silver mine provides valuable diversification to First Majestic Silver’s mining portfolio and contributes to its revenue stream.

Other:

Lastly, the Others section accounted for 2.4% of total sales. This category is likely to contain revenue from additional mining assets or operations not directly listed in the report, demonstrating First Majestic Silver’s broad revenue production strategy.

Overall, the revenue breakdown for First Majestic Silver illustrates the company’s significant position and performance in the mining business. First Majestic Silver is well-positioned to capitalize on the demand for precious metals and generate sustainable market growth through its numerous mining activities, primarily in Mexico and the United States.

About First Majestic Silver:

First Majestic Silver is a mining business that primarily produces silver. The corporation discovers, develops, and runs silver mines throughout Mexico, as well as in the United States and Canada. To maximize the value of its mining operations, First Majestic Silver focuses on acquiring and developing high-quality silver mines. The corporation owns and runs many mines in Mexico, including La Encantada, San Dimas, and Santa Elena, all of which contribute significantly to its silver output. These mines are noted for their high silver reserves and have helped to establish First Majestic Silver as one of the industry’s leading silver producers.

First Majestic Silver prioritizes sustainable and responsible mining practices. The firm is dedicated to reducing its environmental footprint and developing social programs that help the areas in which it works. First Majestic Silver seeks long-term prosperity while keeping strong relationships with stakeholders by prioritising sustainability. First Majestic Silver is a publicly traded corporation that is listed on many stock markets, including the New York Stock Exchange and the Toronto Stock Exchange. Investors and analysts actively track the company’s performance, demonstrating its importance in the silver mining sector.

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