First Majestic Silver (NYSE:AG) Upgraded at Wall Street Zen

First Majestic Silver (NYSE:AGGet Free Report) (TSE:FR) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other equities analysts have also weighed in on AG. HC Wainwright raised their target price on First Majestic Silver to $30.00 and gave the company a “buy” rating in a report on Friday. Cormark raised shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c-)” rating on shares of First Majestic Silver in a research report on Wednesday, January 21st. Scotiabank raised their price objective on First Majestic Silver from $12.50 to $23.00 and gave the stock a “sector perform” rating in a research report on Monday, January 26th. Finally, BMO Capital Markets restated a “market perform” rating on shares of First Majestic Silver in a research note on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $25.00.

Check Out Our Latest Stock Report on First Majestic Silver

First Majestic Silver Stock Performance

Shares of NYSE AG opened at $27.54 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.38 and a quick ratio of 2.96. First Majestic Silver has a one year low of $5.09 and a one year high of $27.90. The business’s 50-day moving average price is $20.51 and its two-hundred day moving average price is $14.76. The company has a market capitalization of $13.57 billion, a P/E ratio of 78.68 and a beta of 0.85.

First Majestic Silver (NYSE:AGGet Free Report) (TSE:FR) last posted its quarterly earnings results on Thursday, February 19th. The mining company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The company had revenue of $463.92 million during the quarter, compared to the consensus estimate of $561.30 million. First Majestic Silver had a return on equity of 7.41% and a net margin of 13.12%.The business’s quarterly revenue was up 169.2% on a year-over-year basis. During the same period last year, the business earned $0.03 EPS. Analysts anticipate that First Majestic Silver will post 0.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AG. Van ECK Associates Corp grew its holdings in First Majestic Silver by 32.0% during the 3rd quarter. Van ECK Associates Corp now owns 43,225,807 shares of the mining company’s stock worth $531,234,000 after acquiring an additional 10,471,543 shares during the last quarter. Tidal Investments LLC lifted its position in shares of First Majestic Silver by 14.0% during the third quarter. Tidal Investments LLC now owns 21,014,859 shares of the mining company’s stock worth $258,273,000 after purchasing an additional 2,581,023 shares in the last quarter. Vanguard Group Inc. boosted its holdings in First Majestic Silver by 5.2% in the fourth quarter. Vanguard Group Inc. now owns 18,995,222 shares of the mining company’s stock valued at $316,914,000 after acquiring an additional 945,067 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in First Majestic Silver by 38.5% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,932,368 shares of the mining company’s stock worth $232,539,000 after purchasing an additional 5,265,612 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in First Majestic Silver by 408.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 15,041,912 shares of the mining company’s stock valued at $250,821,000 after purchasing an additional 12,081,688 shares during the period. Institutional investors and hedge funds own 27.16% of the company’s stock.

Key Stories Impacting First Majestic Silver

Here are the key news stories impacting First Majestic Silver this week:

  • Positive Sentiment: Earnings beat & return to profitability — First Majestic reported Q4 EPS of $0.30 vs. $0.27 consensus and swung to profit for the year, which is the primary catalyst investors are rewarding. This underpins the rally and supports sentiment that operational leverage to silver is working in a rising-price environment. Earnings Press Release
  • Positive Sentiment: Dividend hike — the company raised its quarterly payout ~59.6% to $0.0083 (annualized yield ~0.1%), signaling stronger cash flow and returning capital to shareholders, which supports the bullish narrative. Dividend & Results Release
  • Positive Sentiment: Unusually large call option activity — traders bought ~109,053 call options (≈+51% vs. average), indicating short-term bullish positioning that can amplify upside intraday/near-term. (No external link provided)
  • Neutral Sentiment: Revenue missed expectations — Q4 revenue was $463.9M versus ~$561.3M consensus, a notable shortfall that tempers the EPS beat and reminds investors that volumes/realizations matter; keep an eye on guidance and silver price sensitivity. Earnings Snapshot
  • Neutral Sentiment: Media coverage and investor notes highlighted the turnaround and dividend, helping momentum but also attracting short-term traders; monitor volume and whether buying is sustained. Example coverage: Yahoo Article and Insidermonkey Article
  • Negative Sentiment: Analyst downgrade — Seeking Alpha published a “double downgrade” note warning that leverage to silver can cut both ways, which could pressure sentiment if silver prices pull back or operational metrics disappoint. Seeking Alpha Downgrade

About First Majestic Silver

(Get Free Report)

First Majestic Silver Corp. (NYSE:AG) engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.

Further Reading

Analyst Recommendations for First Majestic Silver (NYSE:AG)

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