First Majestic Shares Jump Nearly 99% in 3 Months; P/E at 61x

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First Majestic Silver’s shares climbed 98.9% over the past three months, outpacing Hecla Mining’s 62% gain but trailing Avino Silver’s 134.4% surge. First Majestic trades at a trailing P/E of 61.31x versus the industry average of 19.84x and peers Hecla Mining’s 37.98x and Avino’s 30.18x.

1. Recent Stock Performance

First Majestic Silver’s stock gained 98.9% over the past three months, outperforming Hecla Mining’s 62% rise but underperforming Avino Silver’s 134.4% surge over the same period.

2. Valuation Relative to Peers

The company trades at a trailing P/E of 61.31x, well above the industry average of 19.84x and higher than Hecla Mining’s 37.98x and Avino Silver’s 30.18x.

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