First Majestic Silver (AG) vs OR Royalties (OR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
First Majestic Silver (AG) has outperformed OR Royalties (OR) over the past year, gaining 31.2% versus a loss of 16.9%. Over five years, OR leads with a +175.8% price change compared with +35.8% for AG. First Majestic Silver is the larger company by market cap ($8.21 billion vs $6.36 billion), about 1.3 times the size.
On valuation, First Majestic Silver trades at a lower forward P/E (16.9x vs 24.5x for OR Royalties). OR Royalties offers the higher dividend yield (0.68% vs 0.28%). OR Royalties converts more of its revenue into profit, with a net margin of 74.3% versus 13.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AG | OR |
|---|---|---|
| Share price | $16.65 | $33.92 |
| Market cap | $8.21B | $6.36B |
| 1-day change | -5.07% | -1.60% |
| YTD return | -0.06% | -4.15% |
| 1-year return | +31.21% | -16.94% |
| 5-year return | +35.81% | +175.77% |
| P/E ratio (TTM) | 23.79 | 22.77 |
| Forward P/E | 16.90 | 24.52 |
| EPS (TTM) | $0.70 | $1.49 |
| Dividend yield | 0.28% | 0.68% |
| Annual dividend | $0.046 | $0.23 |
| Revenue (latest FY) | $1.26B | $277.37M |
| Revenue growth (YoY) | +124.25% | +45.10% |
| Net income (latest FY) | $164.92M | $206.09M |
| Gross margin | 56.75% | 83.82% |
| Operating margin | 31.58% | 70.94% |
| Net margin | 13.12% | 74.30% |
| 52-week high | $32.04 | $48.06 |
| 52-week low | $10.19 | $27.54 |
| Distance from 52-week high | -48.03% | -29.42% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +48.65% | +26.77% |
| Average volume | 9.96M | 959.01K |
| Shares outstanding | 492.91M | 187.50M |
| Sector | Basic Materials | Basic Materials |
| Industry | Precious Metals | Gold |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AG has outperformed OR by 48.1 percentage points over the past year.
- OR Royalties is more profitable, keeping 74.3 cents of every revenue dollar as net income versus 13.1 cents for First Majestic Silver.
- First Majestic Silver grew revenue faster in its latest fiscal year (+124.25% vs +45.10%).
About First Majestic Silver
AG stock →First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties in North America.
Basic Materials · Precious Metals
About OR Royalties
OR stock →OR Royalties Inc. acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally.
Basic Materials · Gold
AG vs OR FAQ
Which is bigger, First Majestic Silver or OR Royalties?
First Majestic Silver (AG) is larger, with a market capitalization of $8.21B compared with $6.36B for OR Royalties (OR).
Which stock has performed better over the past year, AG or OR?
AG returned +31.21% over the past 12 months, compared with -16.94% for OR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AG or OR?
OR has the lower trailing P/E at 22.8, versus 23.8 for AG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, First Majestic Silver or OR Royalties?
OR Royalties has the higher yield at 0.68%, compared with 0.28% for First Majestic Silver.
Are First Majestic Silver and OR Royalties in the same industry?
Both are in the Basic Materials sector, but in different industries: Precious Metals for First Majestic Silver and Gold for OR Royalties.