{"id":2755,"date":"2026-02-14T22:49:32","date_gmt":"2026-02-14T22:49:32","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=2755"},"modified":"2026-02-14T22:49:32","modified_gmt":"2026-02-14T22:49:32","slug":"first-majestic-vs-wheaton-precious-metals","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=2755","title":{"rendered":"First Majestic vs. Wheaton Precious Metals"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Precious metals have come into focus over the past two years amid a historic surge. Geopolitical tensions and industrial demand are driving prices for precious metals, including silver, significantly higher. In the past year, the <strong>iShares Silver Trust<\/strong>, which tracks silver prices, has surged 160%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Investors are flocking into silver at the same time that there has been a multi-year shortage of the precious metal. Over the past five years, demand has outpaced supply, and this is expected to persist into 2026.<!-- HTML_TAG_END --><\/p>\n<p> <iframe loading=\"lazy\" title=\"CDS Widget\" src=\"https:\/\/templates.cds.yahoo.com\/remote\/widget?campaignId=7f0ffe47-8795-4ef2-8127-9f1adfb11298&amp;site=finance&amp;contentId=eae14c0c-a90c-359d-890c-31390cf29068&amp;spaceId=1183300100&amp;providerId=motleyfool.com\" scrolling=\"no\" height=\"0\" data-testid=\"iframe-with-resizer\" class=\"yf-16wd5dt\"><\/iframe> <\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START --><em><strong>Will AI create the world&#8217;s first trillionaire?<\/strong>\u00a0Our team just released a report on the one little-known company, called an &#8220;Indispensable Monopoly&#8221; providing the critical technology Nvidia and Intel both need.\u00a0<a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=7322f9b0-9cfc-4c24-8fe7-6ddf823de3f1&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-ai-boom-nvidias%3Faid%3D10891%26source%3Disaediica0000069%26ftm_cam%3Dsa-ai-boom%26ftm_veh%3Dtop_incontent_pitch_feed_yahoo%26ftm_pit%3D18914&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=4ec71e0a-d586-4fcd-b2f6-8e0edae0fde9\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Continue \u00bb;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><span><strong>Continue \u00bb<\/strong><\/span><\/a><\/em><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->The surge in the metal&#8217;s prices creates an opportunity for the stocks of silver <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/materials\/mining-stocks\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=4ec71e0a-d586-4fcd-b2f6-8e0edae0fde9\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:miners;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">miners<\/a>, including <strong>First Majestic Silver<\/strong> <span class=\"ticker\">(NYSE: AG)<\/span> and <strong>Wheaton Precious Metals<\/strong> <span class=\"ticker\">(NYSE: WPM)<\/span>. If you&#8217;re looking to gain exposure to silver prices through the mining industry, here&#8217;s what you need to know about these two vastly different businesses.<!-- HTML_TAG_END --><\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-1ems0tc\">\n<div class=\"image-container yf-lglytj\" style=\"--max-height: 540px;\">\n<div class=\"image-wrapper yf-lglytj\" style=\"--aspect-ratio: 960 \/ 540; --img-max-width: 960px;\"><\/div>\n<\/div><figcaption class=\"yf-1ems0tc\"><!-- HTML_TAG_START -->Image source: Getty Images.<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->First Majestic Silver is a traditional mining company that owns, develops, and operates mines in Mexico and the U.S. The company spans exploratory drilling and environmental permitting, up to the excavation of tons of rock.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Last year, the company acquired Gatos Silver, giving it a 70% interest in the high-grade Los Gatos mine in Mexico. It&#8217;s considered one of the top pure-play silver miners, with 57% of its revenue from the metal as of the third quarter last year.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->The company is <a href=\"https:\/\/www.fool.com\/investing\/2026\/01\/29\/silver-prices-have-soared-does-that-make-first-maj\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=4ec71e0a-d586-4fcd-b2f6-8e0edae0fde9\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:a leveraged play on silver prices;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">a leveraged play on silver prices<\/a>. That&#8217;s because it has a fixed cost to run its mines, and increases in silver&#8217;s price hit its bottom line as profit. And the business is largely unhedged against long-term silver prices. But this leverage can cut both ways. If silver drops or mining costs rise, the profit margin can evaporate quickly.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Wheaton Precious Metals operates under a different business model. It doesn&#8217;t own shovels, trucks, or mines; instead, it acts as a financier for the mining industry. It uses a streaming model, and in a streaming agreement, it provides up-front payment to a mining company that needs capital to build or expand a mine.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->This model allows Wheaton to share production and operating risks without bearing the direct risks of operating a mine. In return, the company gets the right to purchase a percentage of the precious metals produced by that mine for the life of the project at a predetermined discounted price. For example, in the third quarter, its average cash cost of silver was $6.35 per ounce, providing it with cost predictability and protection against inflationary pressures that miners could face.<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<div style=\"display: none\" data-testid=\"read-more\">\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->The mining stock you invest in depends on what your goal is and what your outlook is. If you invest in First Majestic, you believe the company will do a good job of managing its costs, and you hope for further upside in silver prices. As the metal&#8217;s price rises, First Majestic&#8217;s profit margins will grow with it (if mining costs don&#8217;t rise in step).<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Wheaton Precious Metals provides investors with a way to collect mining profits through its diversified portfolio of companies it has funded, and it is a better alternative for more-conservative investors seeking exposure to silver without the operational costs of a mining company.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Before you buy stock in First Majestic Silver, consider this:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->The <em>Motley Fool Stock Advisor<\/em> analyst team just identified what they believe are the\u00a0<strong><a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=1c1bfee3-7c81-4eec-be3d-80b59da49304&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-dyn-headline%3Faid%3D8867%26source%3Disaeditxt0001181%26company%3DFirst%2520Majestic%2520Silver%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D18781&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=4ec71e0a-d586-4fcd-b2f6-8e0edae0fde9\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 best stocks;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">10 best stocks<\/a><\/strong> for investors to buy now\u2026 and First Majestic Silver wasn\u2019t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Consider when <strong>Netflix<\/strong> made this list on December 17, 2004&#8230; if you invested $1,000 at the time of our recommendation,\u00a0<strong>you\u2019d have $414,554<\/strong>!* Or when <strong>Nvidia<\/strong> made this list on April 15, 2005&#8230; if you invested $1,000 at the time of our recommendation, <strong>you\u2019d have $1,120,663<\/strong>!*<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Now, it\u2019s worth noting\u00a0<em>Stock Advisor\u2019s<\/em> total average return is 884<span>% \u2014 a market-crushing outperformance compared to 193% for the S&amp;P 500.\u00a0<strong><span>Don&#8217;t miss the latest top 10 list, available with\u00a0<em>Stock Advisor<\/em>, and join an investing community built by individual investors for individual investors.<\/span><\/strong><\/span><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START --><a class=\"link \" href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=1c1bfee3-7c81-4eec-be3d-80b59da49304&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-dyn-headline%3Faid%3D8867%26source%3Disaeditxt0001181%26company%3DFirst%2520Majestic%2520Silver%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D18781%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DFirst%2520Majestic%2520Silver&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=4ec71e0a-d586-4fcd-b2f6-8e0edae0fde9\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See the 10 stocks \u00bb;elm:context_link;itc:0;sec:content-canvas\"><strong>See the 10 stocks \u00bb<\/strong><\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START --><em>*Stock Advisor returns as of February 14, 2026. <\/em><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START --><em><a href=\"https:\/\/www.fool.com\/author\/20324\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Courtney Carlsen;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Courtney Carlsen<\/a> has positions in Wheaton Precious Metals and iShares Silver Trust. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:disclosure policy;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">disclosure policy<\/a>.<\/em><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START --><a href=\"https:\/\/www.fool.com\/investing\/2026\/02\/14\/better-mining-stock-first-majestic-vs-wheaton\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Better Mining Stock: First Majestic vs. Wheaton Precious Metals;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Better Mining Stock: First Majestic vs. Wheaton Precious Metals<\/a> was originally published by The Motley Fool<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/better-mining-stock-first-majestic-224300809.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Precious metals have come into focus over the past two years amid a historic surge. Geopolitical tensions and industrial demand are driving prices for precious metals,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-2755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-finance"],"_links":{"self":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/2755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2755"}],"version-history":[{"count":0,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/2755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/media\/2756"}],"wp:attachment":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}