First Majestic Silver (TSX:AG) Resources - Indicated (K): 0.00 (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:AG First Majestic Silver Corp TSX:AG
66 GF Score
Price C$22.17
GF Value C$14.88
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is First Majestic Silver Resources - Indicated (K)?

First Majestic Silver TSX:AG -0.54% 66 Resources - Indicated (K) is 0.00 as of . 20. GuruFocus rates TSX:AG with a GF Score™ of 66/100 and a GF Value™ of C$14.88 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Resources - Indicated (K) are simply economic mineral occurrences where an estimate has been made of their contained metal, grade, tonnage, shape, densities and physical characteristics.

The historical rank and industry rank for First Majestic Silver's Resources - Indicated (K) or its related term are showing as below:

TSX:AG's Resources - Indicated (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Resources - Indicated (K) only.

First Majestic Silver  (TSX:AG) Resources - Indicated (K) Explanation

Resources - Indicated (K) are simply economic mineral occurrences that have been sampled (from locations such as outcrops, trenches, pits and drill holes) to a point where an estimate has been made, at a reasonable level of confidence, of their contained metal, grade, tonnage, shape, densities and physical characteristics.

Indicated resources are computed from information similar to that used for measured resources, but the degree of assurance, although lower than that for measured resources, is high enough to assume continuity between points of observation.

First Majestic Silver Resources - Indicated (K) Related Terms

First Majestic Silver Resources - Indicated (K) Historical Data

* Premium members only.

The historical data trend for First Majestic Silver's Resources - Indicated (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Majestic Silver Resources - Indicated (K) Chart


TSX:AG
66GF Score
First Majestic Silver Corp TSX:AG
Resources - Indicated (K) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions
What does a Resources - Indicated (K) of 0.00 mean?
First Majestic Silver (TSX:AG) has a Resources - Indicated (K) of 0.00 as of . 20. Indicated resources are simply economic mineral occurrences where an estimate has been made of their contained metal, grade, tonnage, shape, densities and physical characteristics. View historical data on First Majestic Silver and its competitors.
Is First Majestic Silver's Resources - Indicated (K) too high?
First Majestic Silver's current Resources - Indicated (K) is 0.00. Overall, First Majestic Silver has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Resources - Indicated (K) compare to EXK?
First Majestic Silver's Resources - Indicated (K) of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Resources - Indicated (K) for a Metals & Mining company?
A good Resources - Indicated (K) depends on the Metals & Mining industry context. However, Resources - Indicated (K) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Resources - Indicated (K) mean?
A high Resources - Indicated (K) can signal that a stock is expensive relative to its fundamentals. Indicated resources are simply economic mineral occurrences where an estimate has been made of their contained metal, grade, tonnage, shape, densities and physical characteristics. View historical data on First Majestic Silver and its competitors. First Majestic Silver's current Resources - Indicated (K) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (TSX:AG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.88, compared to a current price of C$22.17 — trading 49% above its estimated fair value. The current Resources - Indicated (K) is 0.00. First Majestic Silver's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Resources - Indicated (K) calculated?
Resources - Indicated (K) is calculated from a company's financial statements. For First Majestic Silver (TSX:AG), the current Resources - Indicated (K) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Majestic Silver (TSX:AG) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of C$22.17 is trading 49% above its estimated GF Value™ of C$14.88. GuruFocus considers First Majestic Silver to be Significantly Overvalued.

Key valuation signals for TSX:AG:

  • Resources - Indicated (K): 0.00
  • GF Value™: C$14.88 vs. price of C$22.17 (49% above fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the TSX:AG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Majestic Silver Business Description

Address 925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
66GF Score

Get the complete analysis for TSX:AG

Resources - Indicated (K) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.17
Price
C$14.88
GF Value