Is First Majestic the Best Silver Stock Right Now? | Q4 2025 Earnings

Keith Neumeyer said the treasury was “obscene.” Turns out… he undersold it. First Majestic just delivered a monster year. Record revenue. Record cash flow. And nearly a billion dollars in the bank. This is what real leverage to silver looks like. When silver prices moved higher, First Majestic did not just benefit. They amplified it. Strong production, steady costs, and their in-house Mint capturing retail premiums all combined to supercharge margins. That Mint advantage is key. While most miners sell into the wholesale market, First Majestic captures retail pricing on part of its silver. In a strong silver market, that edge becomes very powerful. Now heading into 2026, the company is increasing its dividend framework and locking in clearer reporting metrics. The balance sheet is strong. The leverage to silver remains intact. If silver stays elevated, this cash generation story may not be slowing down anytime soon. Let me know in the comments Is First Majestic the best way to get leverage to silver right now? If you enjoyed this breakdown, make sure to like the video, subscribe to the channel, and share it with someone following the silver market. #Silver #silversqueeze #silverprice #mining #silverstacking #stockmarket Catch our full suite of content below: Website: https://thedeepdive.ca/ Twitter: https://twitter.com/TheDeepDive_ca Facebook: https://www.facebook.com/TheDeepDive.ca/ Instagram: https://www.instagram.com/the.deep.dive/ LinkedIn: https://www.linkedin.com/company/the-... FULL DISCLOSURE: First Majestic Silver Corp. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Majestic Silver Corp. The author has been compensated to cover First Majestic Silver Corp. on The Deep Dive, with The Deep Dive having full editorial control. This is not a recommendation to buy or sell securities. We may buy or sell securities in First Majestic Silver Corp. at any time. Always conduct your own due diligence and consult a licensed financial professional before making any investment decisions. ==================================================================== Looking for better insights on the markets? The Deep Dive Spotlights is providing exclusive industry insights from executives, insiders, technicians, specialists and more. We're upgrading our Canadian small cap coverage from written to visual, hitting investors with a double dose of market insights to provide a special look into just what's happening in the Canadian public markets. ================================================================= TheDeepDive.ca Team Writers: Jordan Lutz & Steve Hyland Producer: Chriz Rayos Host: Steve Hyland Post Production Head: Oveja Rayos ================================================================= Disclaimer: Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.