AG stock icon

First Majestic Silver
AG

$6.59
1.05%
 

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
News positive %

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

Research analyst outlook

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

Low target
$6.50
1%
downside
Avg. target
$7.56
15%
upside
High target
$8.50
29%
upside

4 analyst ratings

positive
75%
neutral
25%
negative
0%
Scotiabank
Ovais Habib
1%downside
$6.5
Sector Perform
Maintained
23 May 2024
HC Wainwright & Co.
Heiko Ihle
29%upside
$8.5
Buy
Reiterated
9 May 2024
HC Wainwright & Co.
Heiko Ihle
29%upside
$8.5
Buy
Maintained
19 Apr 2024
HC Wainwright & Co.
Heiko Ihle
2%upside
$6.75
Buy
Maintained
19 Jan 2024

Financial journalist opinion