| First Majestic Silver is engaged in the production, development, exploration and acquisition of mineral properties focusing on silver production in Mexico. Co. owns and operates three producing mines in Mexico: the San Dimas Silver/Gold Mine in Durango State; the Santa Elena Silver/Gold Mine in Sonora State; and the La Encantada Silver Mine in Coahuila State. Co. also owns several non-material mines: the San Martin Silver Mine in Jalisco State; the La Parrilla Silver Mine in Durango State; the Del Toro Silver Mine in Zacatecas State; and the La Guitarra Silver Mine in Mexico State. Co. also owns two silver development projects in Mexico, the La Luz Silver Project and La Joya Silver Project. The AG YTD return is shown above.
The YTD Return on the AG YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether AG YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AG YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.