First Majestic Silver (LTS:0QYC) Tax Provision: C$-351 Mil (TTM As of Mar. 2026)

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LTS:0QYC First Majestic Silver Corp LTS:0QYC
63 GF Score
Price C$22.10
GF Value C$14.95
Valuation Significantly Overvalued
! 2 Warning Signs
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What is First Majestic Silver Tax Provision?

First Majestic Silver LTS:0QYC -2.10% 63 Tax Provision is C$-351 Mil as of Mar. 2026. GuruFocus rates LTS:0QYC with a GF Score™ of 63/100 and a GF Value™ of C$14.95 (Significantly Overvalued). The stock has 2 warning signs investors should review.

First Majestic Silver's tax provision for the three months ended in Mar. 2026 was C$-128 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was C$-351 Mil.

First Majestic Silver Tax Provision Historical Data

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The historical data trend for First Majestic Silver's Tax Provision 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 Tax Provision Chart

First Majestic Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.62 -71.83 81.57 -107.47 -253.90

First Majestic Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.75 25.37 -32.31 -215.82 -128.29
LTS:0QYC
63GF Score
First Majestic Silver Corp LTS:0QYC
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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First Majestic Silver Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-351 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of C$-351 Mil mean?
First Majestic Silver (LTS:0QYC) has a Tax Provision of C$-351 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on First Majestic Silver and its competitors.
Is First Majestic Silver's Tax Provision too high?
First Majestic Silver's current Tax Provision is C$-351 Mil. Overall, First Majestic Silver has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Tax Provision compare to EXK?
First Majestic Silver's Tax Provision of C$-351 Mil 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 Tax Provision for a Metals & Mining company?
A good Tax Provision depends on the Metals & Mining industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on First Majestic Silver and its competitors. First Majestic Silver's current Tax Provision is C$-351 Mil. 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 (LTS:0QYC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.95, compared to a current price of C$22.10 — trading 47.8% above its estimated fair value. The current Tax Provision is C$-351 Mil. First Majestic Silver's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For First Majestic Silver (LTS:0QYC), the current Tax Provision is C$-351 Mil as of Mar. 2026. 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 (LTS:0QYC) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of C$22.10 is trading 47.8% above its estimated GF Value™ of C$14.95. GuruFocus considers First Majestic Silver to be Significantly Overvalued.

Key valuation signals for LTS:0QYC:

  • Tax Provision: C$-351 Mil
  • GF Value™: C$14.95 vs. price of C$22.10 (47.8% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the LTS:0QYC 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.
63GF Score

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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.10
Price
C$14.95
GF Value