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 7,363 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
46% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 54
13% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 30
6.84% more ownership
Funds ownership: 34.79% [Q3] → 41.63% (+6.84%) [Q4]
1% more capital invested
Capital invested by funds: $683M [Q3] → $691M (+$8.18M) [Q4]
0% more funds holding
Funds holding: 211 [Q3] → 211 (+0) [Q4]
63% less call options, than puts
Call options by funds: $49.2M | Put options by funds: $134M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6
2%
downside
Avg. target
$8.50
39%
upside
High target
$11
79%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
HC Wainwright & Co. Heiko Ihle 51% 1-year accuracy 99 / 194 met price target | 79%upside $11 | Buy Reiterated | 21 Feb 2025 |
Scotiabank Ovais Habib 82% 1-year accuracy 9 / 11 met price target | 2%downside $6 | Sector Perform Maintained | 15 Jan 2025 |
Financial journalist opinion
Based on 7 articles about AG published over the past 30 days
Positive
MarketBeat
1 day ago
Silver Pushes Past Gold This Year, These Stocks Will Capitalize
As of March 6, 2025, the increase in the price of silver per ounce outpaced that of the price of gold year-to-date, with silver climbing by 11.5% and gold by 9.7% during that time. The price of gold typically influences the price of other metals like silver and platinum, but that does not necessarily mean that gold will always outpace these other safe havens when prices are climbing.
Positive
Zacks Investment Research
1 week ago
4 Silver Mining Stocks to Watch on Solid Industry Trends
The Zacks Mining - Silver industry's prospects look upbeat on rising silver prices and strong demand. Stocks like FNLPF, HL, BVN and AG are worth keeping tabs on.
Neutral
Seeking Alpha
2 weeks ago
First Majestic Silver Corp. (AG) Q4 2024 Earnings Call Transcript
First Majestic Silver Corp. (NYSE:AG ) Q4 2024 Earnings Conference Call February 20, 2025 11:30 AM ET Company Participants Keith Neumeyer - President and Chief Executive Officer Samir Patel - General Counsel and Corporate Secretary Steve Holmes - Chief Operating Officer Mani Alkhafaji - VP, Corporate Development David Soares - Chief Financial Officer Del Ray - Manager, Investor Relations Conference Call Participants Heiko Ihle - H.C. Wainwright Don DeMarco - National Bank Operator Thank you for standing by.
Positive
Kitco
2 weeks ago
This is how much First Majestic increased its free cash flow in Q4 2024 as silver prices rallied to a multi-year high
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neutral
Newsfile Corp
2 weeks ago
First Majestic Announces Record Free Cash Flow for Q4 2024, FY 2024 Financial Results and Quarterly Dividend Payment
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the Company's audited consolidated financial results for the fourth quarter ended December 31, 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 under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.
Positive
Seeking Alpha
3 weeks ago
Buy 5 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” - Barron's Weekly. In a Barron's interview, Steven Wieting, strategist at Citi Wealth, noted that a growing dividend is a tangible benefit for shareholders and a hallmark of companies with strong balance sheets. "Nobody can fake a dividend," he said.
Neutral
Newsfile Corp
3 weeks ago
First Majestic Announces 2025 Production and Cost Guidance and Announces Conference Call Details
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the Company's consolidated 2025 production and cost guidance for the Company's four producing underground mines in Mexico, namely the Cerro Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns the mine), the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine. The Company will be holding a conference call with management at 8:30 a.m.
Neutral
Newsfile Corp
1 month ago
First Majestic Reports Exploration Success for Navidad at Santa Elena
New drilling significantly expands the high-grade gold and silver mineralization of the Navidad discovery.Metallurgical testing demonstrates excellent gold and silver recoveries for Navidad mineralization Vancouver, British Columbia--(Newsfile Corp. - February 4, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to provide new results for the Navidad discovery at its Santa Elena Silver/Gold Mine in Sonora, Mexico that was first announced on July 30, 2024. The drilling completed during the second half of 2024 ("H2") significantly expanded the gold and silver mineralization discovered at the Navidad Target ("Navidad"), and metallurgical testing of the mineralization revealed that gold and silver metal recoveries are excellent.
Neutral
Newsfile Corp
1 month ago
First Majestic Provides Positive Exploration Results at San Dimas
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce positive drilling results from its comprehensive 2024 exploration program at its San Dimas Silver and Gold Mine in Durango, Mexico. The 2024 drilling program intersected significant silver and gold mineralization in multiple veins across the San Dimas property.
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts Think First Majestic (AG) Could Surge 32.36%: Read This Before Placing a Bet
The average of price targets set by Wall Street analysts indicates a potential upside of 32.4% in First Majestic (AG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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