First Majestic Silver shares are higher today alongside a broader upswing in silver, a key driver for the company’s revenue and margins. Live spot trackers showed silver pushing higher in early trading, supporting a sector-wide bid in silver miners that typically trade as high-beta proxies for the metal.

Beyond the commodity tape, the calendar matters: the company has already reported Q1 2026 production and indicated it plans to release Q1 2026 unaudited financial results and announce its Q1 dividend details on May 12, 2026. With silver prices elevated versus prior periods, investors are positioning for potential cash-flow and margin upside when the financials and dividend specifics are disclosed.

In its Q1 2026 production report, First Majestic said it produced 3.5 million ounces of silver in the quarter, with management stating operations were performing at or above plan and tracking against full-year 2026 guidance. The update also highlighted continued work to lift throughput at Los Gatos toward a sustained 4,000 tpd in the second half of 2026, a factor investors will watch for potential volume and unit-cost implications as the year progresses.