First Majestic SilverAG
Market Cap: $1.4B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
29% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 51
22% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 27
3% more funds holding
Funds holding: 196 [Q1] → 202 (+6) [Q2]
2% more capital invested
Capital invested by funds: $515M [Q1] → $527M (+$11.7M) [Q2]
0.43% more ownership
Funds ownership: 30.14% [Q1] → 30.57% (+0.43%) [Q2]
65% less call options, than puts
Call options by funds: $50.5M | Put options by funds: $144M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
HC Wainwright & Co. Heiko Ihle 43% 1-year accuracy 69 / 161 met price target | 84%upside $8.50 | Buy Reiterated | 6 Sept 2024 |
HC Wainwright & Co. Heiko Ihle 43% 1-year accuracy 69 / 161 met price target | 84%upside $8.50 | Buy Reiterated | 2 Aug 2024 |
HC Wainwright & Co. Heiko Ihle 43% 1-year accuracy 69 / 161 met price target | 84%upside $8.50 | Buy Reiterated | 19 Jul 2024 |
Financial journalist opinion
Based on 8 articles about AG published over the past 30 days