First Majestic Silver

First Majestic Silver is a Canadian mining company focused on silver and gold production in North America. The company is headquartered in Vancouver, British Columbia, and operates mines primarily in Mexico, with additional assets in the United States following its acquisition of Jerritt Canyon Gold. It is listed on the Toronto Stock Exchange and the New York Stock Exchange. First Majestic's core business is the mining, processing and sale of silver and gold-bearing ore, with silver historically forming the bulk of its revenue. The company positions itself as one of the larger primary silver producers globally, competing with peers such as Hecla Mining, Americas Gold and Silver and Endeavour Silver. Its financial performance is closely tied to fluctuations in international silver and gold prices. First Majestic employs several thousand people across its mining and processing operations. Its principal producing assets have historically included the San Dimas, Santa Elena and La Encantada mines in Mexico. The company was founded in the early 2000s and has grown through acquisitions and exploration to become a prominent player in the silver mining sector. It regularly features in industry commentary alongside organisations such as the Silver Institute and Metals Focus on trends in silver supply and demand.