08:13 AM EST, 11/05/2025 (MT Newswires) -- First Majestic Silver's ( AG ) share price fell 5.2% at last look Wednesday in New York Stock Exchange pre-market trading as the company's third-quarter adjusted earnings missed analysts' expectations.

The miner booked adjusted earnings of US$0.07 per share, swinging from a loss of $0.03 per share but below the analyst consensus non-GAAP EPS estimate of $0.10 compiled by FactSet.

Revenue jumped 95% to $285.1 million, missing the analyst consensus sales forecast of $308 million compiled by FactSet.

First Majestic said its higher revenue was driven by a 45% increase in silver equivalent payable ounces sold and a 31% increase in the average realized silver price, which reached $39.03 per ounce during the quarter.

The company produced 7.7 million ounces of silver equivalent, up 39% from 5.5 million ounces produced in the year-ago period.

First Majestic declared a dividend of $0.0052 per share for the third quarter, payable Nov. 28 to holders of record on Nov. 14.