First Majestic Silver (AG)
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First Majestic Posts Strong 2025 Output: Can the Momentum Sustain?
ZACKS· 2026-03-23 18:11
Key Takeaways First Majestic produced 7.8M AgEq ounces in Q4, up 37% year over year.AG added 2.09M AgEq ounces from Cerro Los Gatos after Gatos Silver deal.First Majestic met 2025 output at 31.1M AgEq ounces with strong Mexico mines.First Majestic Silver Corp. (AG) has been capitalising on strong silver prices, with increase in silver production. In fourth-quarter 2025, the company produced 7.8 million silver-equivalent (AgEq) ounces, reflecting an increase of 37% year over year.The production growth was su ...
Why First Majestic Silver Corporation Plummeted by 19% This Week
Yahoo Finance· 2026-03-20 23:26
There are times when it's supremely good to be in the silver mining business, and there are times to stay far away. The past few days have seen sudden and sharp declines in the precious metal, and that's badly affected the performance of First Majestic Silver Corporation (NYSE: AG) stock. Its value fell a steep 19% this week, according to data compiled by S&P Global Market Intelligence. As bad as gold That would have been inconceivable for many investors even just a few days ago. The war with Iran caugh ...
First Majestic Announces Successful 2025 Exploration Results at Jerritt Canyon
Yahoo Finance· 2026-03-18 20:27
First Majestic Silver Corp. (NYSE:AG) is one of the most buzzing stocks to buy with the highest upside potential. On March 11, First Majestic Silver announced results from its 2025 exploration program at the Jerritt Canyon Gold Mine in Nevada. The campaign included ~18,300 meters of drilling across 57 holes, focusing on targets such as Mahala, Javelin, and Saval. According to the CEO, the findings reinforce the potential for expanding Mineral Resources in the district, identifying opportunities for both ne ...
First Majestic Surges 104.7% in 6 Months: Is the Stock Still Worth Buying?
ZACKS· 2026-03-18 16:51
Core Insights - First Majestic Silver Corp. (AG) has seen a significant stock increase of 104.7% over the past six months, outperforming the S&P 500 and industry growth rates of 1.3% and 75.6%, respectively [1][2]. Company Performance - AG's stock closed at $21.74, which is below its 52-week high of $32.04 but well above its 52-week low of $5.19 [2]. - The company has outperformed peers such as Avino Silver & Gold Mines (49% return) and Vizsla Silver Corp. (9.9% loss) during the same period [2]. Production and Demand Factors - Silver prices are expected to remain strong due to a persistent market deficit, high industrial demand in solar and AI sectors, and strong safe-haven demand, with electronics and solar energy accounting for over half of global silver demand [5]. - In Q4 2025, AG increased its total production to 7.8 million silver-equivalent (AgEq) ounces, which includes a record 4.2 million silver ounces and 41,417 gold ounces, reflecting a 37% year-over-year growth in AgEq ounces produced and a 77% surge in silver production [6]. - The company acquired a 70% interest in the Cerro Los Gatos Silver underground mine, enhancing its position as an intermediate primary silver producer [7]. Business Segments - AG's First Mint LLC business achieved record results in Q4 2025, with revenues increasing by 149.5% to $22.7 million, supported by the sale of 325,143 ounces of silver, which accounted for approximately 8% of the company's total silver production [8][9]. Operational Strength - AG operates four mines in Mexico, including Santa Elena, Los Gatos, San Dimas, and La Encantada, all of which are performing strongly despite tax-related issues, contributing significantly to total silver-equivalent ounces production [10]. Earnings Estimates - The Zacks Consensus Estimate for AG's 2026 earnings has increased by 76.5% to $0.60 per share, while the estimate for 2027 earnings has risen by 82% to $1.11 per share [11]. Valuation Concerns - AG's stock is trading at a forward 12-month price-to-earnings (P/E) ratio of 30.72X, which is higher than the industry average of 16.88X and compared to Avino Silver's 26.37X [12]. Investment Outlook - AG's market leadership, strong operational performance, and acquired assets provide a competitive advantage to capitalize on long-term demand in silver and gold markets, supported by a solid pipeline of projects [14]. - Despite its high valuation, positive analyst sentiment and robust growth prospects suggest it may be an opportune time for potential investors to consider AG [15].
Best Momentum Stocks to Buy for March 18th
ZACKS· 2026-03-18 15:15
Group 1: First Majestic Silver Corp. (AG) - First Majestic Silver Corp. has a Zacks Rank of 1 and its current year earnings estimate increased by 76.5% over the last 60 days [1] - The company's shares gained 30.3% over the last three months, while the S&P 500 declined by 1.7% [1] - First Majestic Silver possesses a Momentum Score of A [1] Group 2: BWX Technologies, Inc. (BWXT) - BWX Technologies, Inc. has a Zacks Rank of 1 and its current year earnings estimate increased by 17.1% over the last 60 days [2] - The company's shares gained 17.7% over the last three months, compared to the S&P 500's decline of 1.7% [2] - BWX Technologies possesses a Momentum Score of A [2] Group 3: BHP Group Limited (BHP) - BHP Group Limited has a Zacks Rank of 1 and its current year earnings estimate increased by 10.5% over the last 60 days [3] - The company's shares gained 21.2% over the last three months, while the S&P 500 declined by 1.7% [3] - BHP possesses a Momentum Score of B [3]
Where Will First Majestic Silver Stock Be in 3 Years?
Yahoo Finance· 2026-03-17 20:35
Shares of First Majestic Silver (NYSE: AG) have risen by more than 230% over the past year, but are also down nearly 30% from their 52-week high. That's an important dichotomy to consider as you examine this precious metals miner. In three years, the company will likely be better positioned as a business, but that doesn't mean the stock will be an attractive investment. Silver is First Majestic Silver's big story First Majestic Silver is very clear that it is the precious metals miner with the most expo ...
AG Gains From Record Sales at First Mint: Can the Momentum Sustain?
ZACKS· 2026-03-16 16:06
Core Insights - First Majestic Silver Corp. (AG) is experiencing strong growth in its First Mint LLC business, achieving record revenues in Q4 2025 with a 149.5% increase to $22.7 million [1][8] Group 1: First Mint Performance - First Mint recorded a 10% year-over-year increase in sales, totaling 325,143 ounces of silver, which represents about 8% of AG's total silver production [2][8] - The average realized silver price increased by 127% year-over-year to $69.74 per ounce, contributing to the strong performance [2] - First Mint obtained ISO 9001 certification in April last year, making its silver products eligible for Individual Retirement Accounts (IRAs), thus enhancing sales potential [3][8] Group 2: Market Outlook - Despite recent declines, silver prices are expected to remain strong due to a persistent market deficit, high industrial demand in solar and AI sectors, and robust safe-haven demand [4] - First Mint is well-positioned for long-term growth with capabilities to expand and meet rising demand, including support for third-party manufacturing [4] Group 3: Peer Comparison - Hecla Mining Company (HL) produced 17 million ounces of silver in 2025, a 5% year-over-year increase, with revenues rising to $1.4 billion, up 53% year-over-year [5] - Pan American Silver Corp. (PAAS) achieved silver production of 22.8 million ounces in 2025, an 8.5% increase from the previous year, supported by strong performance from the Juanicipio mine [6] Group 4: Valuation and Estimates - First Majestic's shares have increased by 37.7% over the past three months, outperforming the industry's growth of 14.8% [7] - The company is trading at a forward price-to-earnings ratio of 32.01X, which is above the industry average of 16.77X, and carries a Value Score of F [9] - The Zacks Consensus Estimate for AG's earnings for 2025 and 2026 has been rising over the past 60 days, indicating positive sentiment [10]
3 Momentum Anomaly Stocks to Buy as Oil Prices Appear to Decline
ZACKS· 2026-03-11 16:26
Market Overview - The U.S. equity markets experienced significant volatility due to rising crude oil prices amid ongoing conflict between the United States and Iran, with oil prices reaching $120 per barrel [1] - The International Energy Agency's proposed release of oil reserves helped to stabilize the situation and cool down soaring oil prices [1][2] Investment Strategies - Investors are turning to momentum stocks as a strategy to regain lost value, particularly in uncertain market conditions [2] - Momentum investing is characterized by the principle of "buying high and selling higher," capitalizing on established trends [3] Momentum Strategy Implementation - A screening strategy has been developed to identify stocks with strong momentum, focusing on long-term price appreciation and short-term pullbacks [4] - The screening parameters include selecting the top 50 stocks based on a 52-week price change, then identifying the 10 worst performers over the past week [5][6] - Stocks with a Zacks Rank 1 (Strong Buy) and a Momentum Style Score of B or better are prioritized, as they have a history of outperformance [7] Selected Stocks - First Majestic Silver Corp. (AG) has seen a price increase of 335.9% over the past year but experienced a decline of 5.8% last week, with a Momentum Score of B [8][9] - IPG Photonics Corporation (IPGP) has risen 98.1% in the past year but fell 11.5% last week, holding a Momentum Score of A [8][10] - Encore Capital Group, Inc. (ECPG) has climbed 102.1% over the past year but dropped 5.6% last week, also with a Momentum Score of A [8][11]
First Majestic Announces Results of the 2025 Drilling Program at Jerritt Canyon Gold Mine
TMX Newsfile· 2026-03-10 21:09
Core Viewpoint - First Majestic Silver Corp. has announced successful results from its 2025 exploration program at the Jerritt Canyon Gold Mine, indicating potential for expanding gold Mineral Resources through both open-pit and underground mining methods [1][2]. Exploration Highlights - The 2025 drilling campaign at Jerritt Canyon totaled approximately 18,300 meters across 57 drill holes, focusing on new gold mineralized zones beneath non-favorable cover rocks and assessing known mineralization continuity [3][4]. - Significant underground intercepts were defined by a minimum length of 4.6 meters and a gold cut-off grade of 1.13 g/t, while significant open-pit intercepts required at least 9.1 meters and a 0.43 g/t Au cut-off grade [4]. Key Drilling Results - Notable drill hole intercepts include: - MA-25-017 (Mahala/Javelin): 24.4 meters at 3.43 g/t Au [5] - MA-25-008 (Mahala/Javelin): 7.6 meters at 9.43 g/t Au [5] - SC-25-003 (Saval): 51.8 meters at 1.48 g/t Au [5] - The results indicate significant potential for both underground and open-pit mining methods across the district [4][5]. Target Areas - The Mahala and Javelin targets are identified as having significant expansion potential, with geological continuity modeled between them. Previous drilling at Javelin yielded intercepts of 8.76 g/t Au over 15.2 meters [7]. - The Saval area, characterized by Carlin-style mineralization, has been targeted for near-surface mineralization evaluation, with drill hole SC-25-003 intersecting 51.8 meters at 1.48 g/t Au [18]. Company Overview - First Majestic Silver Corp. is focused on silver and gold production in Mexico and the United States, operating four producing underground mines in Mexico and holding a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine [29].
H.C. Wainwright Raises First Majestic Silver Corp. (AG) Price Target After Strong Quarter
Yahoo Finance· 2026-03-10 13:57
Group 1 - First Majestic Silver Corp. (NYSE:AG) is recognized as one of the top mineral stocks for investment, with a recent price target increase from H.C. Wainwright to $30 from $24.50, maintaining a Buy rating [1] - The company reported earnings per share of $0.30, exceeding expectations of $0.18 by 66.67%, and revenue of $463.9 million, which surpassed the anticipated $403.71 million by 14.91% [1] - Revenue from the company's mines in San Dimas, Santa Elena, and La Encantada saw year-over-year increases of 52%, 20%, and 54%, respectively, driven by rising metal prices [2] Group 2 - The average silver retail value reported by the company was $41.52 per ounce, reflecting a 47% year-over-year increase [2] - First Majestic Silver Corp. plans to produce 13-14 million pure silver ounces and 110,000-130,000 ounces of gold through 2026 [2] - The company is focused on the acquisition, exploration, development, and production of silver and gold properties in North America, primarily producing silver and gold bullion [3]