First Majestic Silver (NYSE:AG) Reaches New 1-Year High – Here’s What Happened

12 Jan 2026, 11:52 by Doug Wharley · The Cerbat Gem

Shares of First Majestic Silver Corp. (NYSE:AG – Get Free Report) (TSE:FR) hit a new 52-week high during trading on Monday . The company traded as high as $20.60 and last traded at $20.4530, with a volume of 6437522 shares. The stock had previously closed at $18.91.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Scotiabank increased their price objective on shares of First Majestic Silver from $9.00 to $12.50 and gave the company a “sector perform” rating in a research report on Thursday, October 23rd. Cormark upgraded shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research note on Thursday, November 6th. Wall Street Zen downgraded First Majestic Silver from a “buy” rating to a “hold” rating in a research note on Sunday, November 16th. National Bank Financial raised First Majestic Silver from a “hold” rating to a “strong-buy” rating in a report on Sunday, October 5th. Finally, TD Securities upgraded First Majestic Silver from a “hold” rating to a “buy” rating in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $17.33.

Check Out Our Latest Stock Report on First Majestic Silver

First Majestic Silver Trading Up 8.2%

The company has a market capitalization of $10.04 billion, a P/E ratio of 145.14 and a beta of 0.77. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.96 and a current ratio of 3.38. The stock has a fifty day moving average of $14.77 and a 200 day moving average of $11.82.

First Majestic Silver (NYSE:AG – Get Free Report) (TSE:FR) last issued its quarterly earnings results on Wednesday, November 5th. The mining company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). First Majestic Silver had a return on equity of 3.14% and a net margin of 7.07%.The company had revenue of $285.10 million during the quarter, compared to analysts’ expectations of $429.78 million. During the same quarter in the previous year, the company earned ($0.09) EPS. The business’s quarterly revenue was up 95.3% compared to the same quarter last year. As a group, equities research analysts anticipate that First Majestic Silver Corp. will post 0.54 EPS for the current fiscal year.

First Majestic Silver Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were paid a dividend of $0.0052 per share. This represents a $0.02 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, November 14th. This is a positive change from First Majestic Silver’s previous quarterly dividend of $0.00. First Majestic Silver’s dividend payout ratio (DPR) is 14.29%.

Hedge Funds Weigh In On First Majestic Silver

A number of hedge funds have recently modified their holdings of the company. Van ECK Associates Corp raised its position in shares of 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 valued at $531,234,000 after purchasing an additional 10,471,543 shares during the period. Tidal Investments LLC raised its holdings in 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 valued at $258,273,000 after acquiring an additional 2,581,023 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in First Majestic Silver by 38.5% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,932,368 shares of the mining company’s stock valued at $232,539,000 after acquiring an additional 5,265,612 shares during the period. Vanguard Group Inc. lifted its position in shares of First Majestic Silver by 4.3% in the third quarter. Vanguard Group Inc. now owns 18,050,155 shares of the mining company’s stock valued at $221,657,000 after acquiring an additional 739,315 shares in the last quarter. Finally, Lingotto Investment Management LLP boosted its stake in shares of First Majestic Silver by 2.2% in the second quarter. Lingotto Investment Management LLP now owns 9,964,096 shares of the mining company’s stock worth $82,403,000 after acquiring an additional 213,577 shares during the period. 27.16% of the stock is currently owned by institutional investors.

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.