First Majestic Silver
About: First Majestic Silver Corp is engaged in the production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. It owns three producing mines, in Mexico consisting of the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.
Employees: 3,746
0
Funds holding %
of 6,812 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
39% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 51
27% more capital invested
Capital invested by funds: $535M [Q2] → $682M (+$147M) [Q3]
3.77% more ownership
Funds ownership: 31.03% [Q2] → 34.79% (+3.77%) [Q3]
6% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 36
1% more funds holding
Funds holding: 208 [Q2] → 210 (+2) [Q3]
65% less call options, than puts
Call options by funds: $54.2M | Put options by funds: $154M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$8.50
55%
upside
Avg. target
$8.50
55%
upside
High target
$8.50
55%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Heiko Ihle 42% 1-year accuracy 73 / 174 met price target | 55%upside $8.50 | Buy Reiterated | 18 Oct 2024 |
Financial journalist opinion
Based on 7 articles about AG published over the past 30 days
Positive
The Motley Fool
1 week ago
My Top 10 Portfolio Holdings for 2025
In less than two weeks, we'll turn the page on what should be another banner year for Wall Street. Through the closing bell on Dec. 17, the iconic Dow Jones Industrial Average, broad-based S&P 500, and growth-driven Nasdaq Composite were higher on the year by 15%, 27%, and 34%, respectively.
Neutral
Newsfile Corp
1 week ago
First Majestic Provides Update Regarding Gatos Silver's Joint Venture with Dowa Metals & Mining Co., Ltd.
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that Gatos Silver, Inc. ("Gatos") has advised the Company that it has amended and restated its agreements (the "Amended Agreements") with Dowa Metals & Mining Co., Ltd. ("Dowa") regarding the Los Gatos Joint Venture (the "LGJV").
Neutral
Newsfile Corp
2 weeks ago
First Majestic Announces Mailing of Materials for Special Meeting
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that it has commenced mailing of its meeting materials for the special meeting of the Company's shareholders (the "Special Meeting") that will be held on Tuesday, January 14, 2025 at 11:00 a.m. (Pacific Time) at the offices of Bennett Jones LLP, located at Suite 2500 - 666 Burrard Street, Vancouver, British Columbia V6C 2X8.
Positive
Zacks Investment Research
3 weeks ago
5 Silver Mining Stocks to Watch as Industry Prospects Look Bright
The Zacks Mining - Silver industry's prospects look upbeat on rising silver prices and strong demand. Stocks like PAAS, HL, AG, MAG and ASM are worth keeping tabs on.
Neutral
Zacks Investment Research
3 weeks ago
Zacks Industry Outlook Pan American, Hecla Mining, First Majestic, MAG and Avino Silver & Gold
Pan American, Hecla Mining, First Majestic, MAG and Avino Silver & Gold have been highlighted in this Industry Outlook article.
Neutral
Business Wire
3 weeks ago
GATOS SILVER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Gatos Silver, Inc. - GATO
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Gatos Silver, Inc. (NYSE: GATO) to First Majestic Silver Corp. (NYSE: AG). Under the terms of the proposed transaction, shareholders of Gatos will receive 2.550 common shares of First Majestic for each share of Gatos that they own. KSF is seeking to determine whether this consideration and the process that led.
Neutral
Newsfile Corp
3 weeks ago
First Majestic Announces Effectiveness of Registration Statement on Form F-4 and Record & Meeting Dates of Special Meeting for Gatos Silver Acquisition
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that the Registration Statement on Form F-4 (the "F-4") filed by the Company with the United States Securities and Exchange Commission (the "SEC") in connection with the Company's previously announced acquisition of Gatos Silver, Inc. ("Gatos") (the "Transaction") has become effective under the U.S. Securities Act of 1933. The effectiveness of the F-4 is a condition to closing of the Transaction.
Neutral
Newsfile Corp
1 month ago
First Majestic Announces Financial Results for Q3 2024 and Quarterly Dividend Payment
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the Company's unaudited condensed interim consolidated financial results for the third quarter ended September 30, 2024. The full version of the financial statements and the accompanying management's discussion and analysis can be viewed on the Company's website at www.firstmajestic.com or on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.
Positive
MarketBeat
1 month ago
Silver Stocks, ETFs, or Bullion: What's the Best Bet Now?
The spot price of silver is roughly $35 per ounce, just below the highest level in over a decade. Alongside gold, which has repeatedly touched new record highs in recent months, the price of silver has skyrocketed amid geopolitical turmoil around the world and uncertainty regarding the future of American politics.
Neutral
Accesswire
2 months ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SASR and AG on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / October 24, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Sandy Spring Bancorp (NASDAQ:SASR)'s sale to Atlantic Union Bankshares Corporation for 0.900 shares of Atlantic Union common stock for each share of Sandy Spring. If you are a Sandy Spring shareholder, click here to learn more about your rights and options.
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