First Majestic Silver
AG

$5.84

0.68%

Market Cap: 1.7B

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 6,702 funds

0

Analysts bullish %

of 4 analysts

0

News positive %

of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

5% more capital invested

Capital invested by funds: $481M [Q4 2023] → $507M (+$26.1M) [Q1 2024]

2.4% more ownership

Funds ownership: 27.27% [Q4 2023] → 29.67% (+2.4%) [Q1 2024]

2% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 56

5% less funds holding

Funds holding: 199 [Q4 2023] → 189 (-10) [Q1 2024]

31% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 32

75% less call options, than puts

Call options by funds: $24.6M | Put options by funds: $100M

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$6.50

11%

upside

Avg. target

$8

37%

upside

High target

$8.50

46%

upside

4 analyst ratings

3 positive

75%

1 neutral

25%

0 negative

0%

HC Wainwright & Co. Heiko Ihle	46%upside $8.5	Buy Reiterated	19 Jul 2024
Scotiabank Ovais Habib	11%upside $6.5	Sector Perform Maintained	23 May 2024
HC Wainwright & Co. Heiko Ihle	46%upside $8.5	Buy Reiterated	9 May 2024
HC Wainwright & Co. Heiko Ihle	46%upside $8.5	Buy Maintained	19 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about AG published over the past 30 days

Zacks Investment Research

First Majestic (AG) Q2 Silver Production Rises Sequentially

First Majestic's (AG) Q2 production gains from improved performances at La Encantada and Santa Elena mines, offset by lower production at San Dimas.

First Majestic (AG) Q2 Silver Production Rises Sequentially

First Majestic Produces 5.3 Million AgEq Oz in Q2 2024 Consisting of 2.1 Million Silver Ounces and 39,339 Gold Ounces; Announces Updated 2024 Production and Cost Guidance and Conference Call Details

Vancouver, British Columbia--(Newsfile Corp. - July 18, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that total production in the second quarter of 2024 from the Company's three producing mines in Mexico, the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, reached 5.3 million silver equivalent ("AgEq") ounces, consisting of 2.1 million silver ounces and 39,339 gold ounces. The Company's financial results for the second quarter of 2024 are scheduled to be released on Thursday, August 1, 2024.

First Majestic Produces 5.3 Million AgEq Oz in Q2 2024 Consisting of 2.1 Million Silver Ounces and 39,339 Gold Ounces; Announces Updated 2024 Production and Cost Guidance and Conference Call Details

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3 Mining Stocks to Watch as Silver Prices Reach 12-Year High

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First Majestic Reports Positive Exploration Results at San Dimas

Vancouver, British Columbia--(Newsfile Corp. - June 13, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce positive drilling results from its 2024 exploration program at the San Dimas Silver/Gold Mine located in Durango State, Mexico. The drill program was designed to test new silver and gold mineral targets, add Mineral Resources, and convert Mineral Resources to Mineral Reserves.

First Majestic Reports Positive Exploration Results at San Dimas

Schaeffers Research

3 Mining Stocks to Watch as Safe-Haven Assets Cool

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Schaeffers Research

3 Mining Stocks to Watch as Safe-Haven Assets Cool

Subscribers to Chart of the Week received this commentary on Sunday, May 26.

3 Mining Stocks to Watch as Safe-Haven Assets Cool

First Majestic Releases 2023 Annual Report

Vancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the release of its 2023 Annual Report (the "Report") titled "20 Years. The Silver Evolution".

First Majestic Releases 2023 Annual Report

First Majestic Releases 2023 Sustainability Report and Strategy

Vancouver, British Columbia--(Newsfile Corp. - May 28, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the release of its 2023 Sustainability Report summarizing the Company's Environmental, Social and Governance ("ESG") performance for the 2023 calendar year. The Sustainability Report has been drafted primarily in alignment with the Sustainability Accounting Standards Board ("SASB") reporting standards.

First Majestic Releases 2023 Sustainability Report and Strategy

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