Quick Ratio

First Majestic Silver Corp.’s quick ratio of 2.51x means the company holds $2.51 in liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities, indicating strong short-term liquidity.

This level sits above the Basic Materials sector median of 2.03x and places the company in the 67th percentile among its peers, suggesting better-than-average ability to cover immediate obligations. The metric lacks a year-over-year change, quarter-over-quarter change, and any trend data for the last eight quarters, so no directional signal is available. Because the quick ratio is elevated relative to peers but shows no trend—neither improving nor declining—it offers a neutral risk picture: the liquidity buffer is comfortable, yet the absence of change means no expectation of tightening or loosening. This combination of a strong current level with no trend information neither supports nor contradicts the overall NEUTRAL verdict, as the metric simply confirms a stable liquidity position without adding momentum.

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