First Majestic Silver (AG) Exchange Rate Effect (2010 - 2026)
First Majestic Silver's (AG) quarterly Exchange Rate Effect came in at $687000.0 in Q2 2026, down 69.26% on a YoY basis from $2.2 million in Q2 2025, and up 169.89% quarter-over-quarter from -$983000.0 in Q1 2026.
Analysis
First Majestic Silver (AG) Exchange Rate Effect (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has reported Exchange Rate Effect for 17 consecutive years, with $687000.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Exchange Rate Effect fell 69.26% year-over-year to $687000.0; the trailing twelve-month figure through Jun 2026 stood at $2.3 million (up 505.21% YoY), and the FY2025 full-year result was $4.8 million, up 232.78% from the prior year.
- Exchange Rate Effect improved to $687000.0 in Q2 2026 per AG's latest filing, from -$983000.0 in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $3.2 million in Q4 2022 and bottomed at -$3.5 million in Q3 2022.
- Historically, Exchange Rate Effect has averaged $177833.3 across 5 years, with a median of $207000.0 in 2023.
- The sharpest annual moves came in 2025 and 2026: Exchange Rate Effect jumped 3322.22% in 2025, then plunged 1991.49% in 2026.
- Over 5 years, Exchange Rate Effect stood at $3.2 million in 2022, then sank by 86.5% to $432000.0 in 2023, then sank by 513.43% to -$1.8 million in 2024, then surged by 214.22% to $2.0 million in 2025, then sank by 66.32% to $687000.0 in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered $687000.0, -$983000.0, and $2.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 21.86 Bn | 20.80 Bn | 535.85 Mn | -1.10 Mn |
| 2 | Pan American Silver | 21.66 Bn | 20.09 Bn | 457,000.00 | 1.00 Mn |
| 3 | Hecla Mining | 13.89 Bn | 13.40 Bn | 332.52 Mn | -8.14 Mn |
| 4 | First Majestic Silver | 10.30 Bn | 9.46 Bn | 223.62 Mn | 687,000.00 |
| 5 | Endeavour Silver | 2.92 Bn | 2.68 Bn | 74.00 Mn | 300,000.00 |
| 6 | Silvercorp Metals | 2.75 Bn | 2.56 Bn | 104.04 Mn | 4.54 Mn |
| 7 | Americas Gold & Silver | 1.72 Bn | 1.63 Bn | 22.23 Mn | 302,000.00 |
| 8 | Vizsla Silver | 1.41 Bn | 1.41 Bn | - | -1.64 Mn |
| 9 | New Pacific Metals | 1.06 Bn | 1.06 Bn | - | -215,784.00 |
| 10 | Santacruz Silver Mining | 918.47 Mn | 851.45 Mn | 51.14 Mn | 1.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 687,000.00 |
| Mar 31, 2026 | -983,000.00 |
| Dec 31, 2025 | 2.04 Mn |
| Sep 30, 2025 | 580,000.00 |
| Jun 30, 2025 | 2.24 Mn |
| Mar 31, 2025 | -47,000.00 |
| Dec 31, 2024 | -1.79 Mn |
| Sep 30, 2024 | -18,000.00 |
| Jun 30, 2024 | -1.70 Mn |
| Mar 31, 2024 | -116,000.00 |
| Dec 31, 2023 | 432,000.00 |
| Sep 30, 2023 | -976,000.00 |
| Jun 30, 2023 | 1.33 Mn |
| Mar 31, 2023 | 1.87 Mn |
| Dec 31, 2022 | 3.20 Mn |
| Sep 30, 2022 | -3.52 Mn |
| Jun 30, 2022 | -1.51 Mn |
| Mar 31, 2022 | 1.49 Mn |
| Dec 31, 2021 | 379,000.00 |
| Sep 30, 2021 | -2.78 Mn |