First Majestic Silver Corp. (AG) - Stock Analysis
Last updated: Jan 18, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
First Majestic Silver is a hot idea fueled by record production growth, strong Q3 results, strategic financing and divestitures improving the balance sheet, a surging silver price (+100%+ YTD to >$75/oz), positive investor sentiment with 9.5% price appreciation in past 3 weeks, and manageable near-term risks.
Loading chart data...
AI Analyst Overview
Loading chart data...
Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠Margin expansion ⢠Cash & liquidity ⢠High multiples AG has swung to quarterly profitability with materially stronger margins, cash and liquidity in Q3 2025, but high market multiples, legacy retained losses and ongoing capex/noncontrolling-item caveats keep valuation and sustainability uncertain.
Price Behavior
Key Price Behavior Insights: ⢠Strong uptrend ⢠Established support ⢠Near-term resistance Support Level: $16.00â$17.50 Resistance Level: $21.50 Over the last month AG has shown a strong, steady uptrend from ~$16.04 to $21.50, with $16.00â$17.50 forming support and $21.50 as a near-term resistance that could prompt short-term profit-taking if momentum stalls.
Sentiment & News
Key News Insights: ⢠Los Gatos boost ⢠Record production ⢠Valuation premium First Majestic's stock has surged after the Los Gatos acquisition and record silver production drove revenue, cash flow and a higher dividend, but the shares trade at a premium amid cost, debt and Mexican operational risks.
AI Summary
AG has reârated from a speculative midâtier miner to a levered, cashâgenerating silver producer after Los Gatosâmaking nearâterm upside now hinge on sustained production/margin delivery, silver prices, and convertibleânote dilution risk.
Description
First Majestic Silver Corp. acquires, explores, develops and produces mineral properties with primary production of silver and gold in North America. The company operates a portfolio of wholly owned producing mines across Mexico and the U.S., and maintains additional exploration-stage holdings including the Springpole project in Ontario. Incorporated in 1979 and renamed in 2006, the firm is headquartered in Vancouver, Canada.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Dec 29 | Jan 5 | AG | First Majestic Silver Corp. | First Majestic Silver is a hot idea fueled by record production growth, strong Q3 results, strategic financing and divestitures improving the balance sheet, a surging silver price (+100%+ YTD to >$75/oz), positive investor sentiment with 9.5% price appreciation in past 3 weeks, and manageable near-term risks. | Closed | +2.0% |