First Majestic Silver
AG
Market cap $1.98B

6.58 USD

+0.34

5.45%

At close Oct 10, 4:00 PM EDT

Pre-market

6.62

+0.04

0.61%

1 day

5.45%

5 days

3.46%

1 month

37.37%

3 months

0.92%

6 months

-16.81%

Year to date

10.03%

1 year

29.27%

5 years

-32.51%

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 6,740 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

35% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 26

29% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 51

5% more funds holding

Funds holding: 197 [Q1] → 206 (+9) [Q2]

2% more capital invested

Capital invested by funds: $516M [Q1] → $528M (+$12M) [Q2]

0.44% more ownership

Funds ownership: 30.15% [Q1] → 30.59% (+0.44%) [Q2]

65% less call options, than puts

Call options by funds: $50.5M | Put options by funds: $144M

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$8.50

29%

upside

Avg. target

$8.50

29%

upside

High target

$8.50

29%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

HC Wainwright & Co. Heiko Ihle 70% 1-year accuracy 85 / 121 met price target	29%upside $8.50	Buy Reiterated	6 Sept 2024
HC Wainwright & Co. Heiko Ihle 70% 1-year accuracy 85 / 121 met price target	29%upside $8.50	Buy Reiterated	2 Aug 2024
HC Wainwright & Co. Heiko Ihle 70% 1-year accuracy 85 / 121 met price target	29%upside $8.50	Buy Reiterated	19 Jul 2024

See Analyst Rankings

Financial journalist opinion

Zacks Investment Research

5 Silver Mining Stocks to Watch in a Promising Industry

The near-term prospects of the Zacks Mining - Silver industry look upbeat on rising silver prices and strong demand. Stocks like FNLPF, HL, AG, MAG and VZLA are worth keeping tabs on.

5 Silver Mining Stocks to Watch in a Promising Industry

‘It was a very competitive process' - First Majestic Silver's Keith Neumeyer on $970 million Gatos Silver acquisition

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

‘It was a very competitive process' - First Majestic Silver's Keith Neumeyer on $970 million Gatos Silver acquisition

First Majestic Announces Share Repurchase Program

Vancouver, British Columbia--(Newsfile Corp. - September 10, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that the Toronto Stock Exchange ("TSX") has accepted for filing First Majestic's Notice of Intention to Make a Normal Course Issuer Bid (the "Share Repurchase Program") to be transacted through the facilities of the TSX and/or through Canadian alternative trading systems. Pursuant to the NCIB, First Majestic may, during the 12-month period commencing September 12, 2024, and ending on or before September 11, 2025, purchase up to 10,000,000 of its common shares ("Shares"), being approximately 3.32% of the 301,616,350 issued and outstanding Shares as of September 4, 2024.

First Majestic Announces Share Repurchase Program

Markets wait for a rate cut, and First Majestic Silver announces $970 million acquisition

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

Markets wait for a rate cut, and First Majestic Silver announces $970 million acquisition

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.

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

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Gatos Silver, Inc.

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Rowley Law PLLC is investigating potential securities law violations by Gatos Silver, Inc. (NYSE: GATO) and its board of directors concerning the proposed acquisition of the company by First Majestic Silver Corp. (NYSE: AG). Stockholders will receive 2.550 shares of First Majestic Silver common stock for each share of Gatos Silver stock that they hold. The transaction is valued at approximately $970 million and is expected to close in early 2025.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Gatos Silver, Inc.

AG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of First Majestic Silver Corp. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of First Majestic Silver Corp. (NYSE: AG) and Gatos Silver, Inc. is fair to First Majestic shareholders. Halper Sadeh encourages First Majestic shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether First Majestic and.

AG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of First Majestic Silver Corp. Is Fair to Shareholders

Zacks Investment Research

First Majestic to Acquire Gatos Silver to Boost Production Profile

AG inks deal to buy Gatos Silver. This acquisition will enhance its scale and be accretive to cash flow, production and mineral reserves.

First Majestic Silver to acquire Gatos Silver in $970 million deal

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

First Majestic Silver to acquire Gatos Silver in $970 million deal

First Majestic Announces Agreement to Acquire Gatos Silver

Vancouver, British Columbia--(Newsfile Corp. - September 5, 2024) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) ("First Majestic") and Gatos Silver, Inc. (NYSE: GATO) (TSX: GATO) ("Gatos") are pleased to announce they have entered into a definitive merger agreement (the "Definitive Agreement") pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos (the "Transaction"). Gatos is a silver dominant producer with a 70% interest in the Los Gatos Joint Venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico.

First Majestic Announces Agreement to Acquire Gatos Silver

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