First Majestic Silver shows 95% year-over-year revenue growth, exceptional free cash flow conversion, and an attractively valued multiple with 42% analyst upside, but high leverage at a debt-to-equity of 9.5 and a spotty earnings delivery record require caution before building a full position.
Thesis pillars
- Attractive Valuation With Analyst Upside↑Improving
- Exceptional Revenue Growth→Stable
- Exceptional Cash Conversion→Stable
- +2 more pillars — see the Why tab for full reasoning
First Majestic Silver Corp. (AG) Stock Analysis
Oversold Bounce setup · Sector Rotation edge
Basic Materials · Silver
Hold if already holding. Not a fresh buy at $15.25, but acceptable to hold if already in. Reasons: Sector modifier (Basic Materials): -0.1; Consecutive earnings misses (2).
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties in North America. The company explores for silver and gold deposits. Its projects include the San Dimas silver/gold mine covering an area of approximately... Read more
Hold if already holding. Not a fresh buy at $15.25, but acceptable to hold if already in. Reasons: Sector modifier (Basic Materials): -0.1; Consecutive earnings misses (2). Chart setup: Oversold RSI 19, near Bollinger lower, volume surge. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 0.00, quality 8.6/10, growth 10.0/10). | News modifier -1 (STRONG_BUY_WAIT → HOLD_IF_HOLDING) Score 6.7/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news boost analyst 0.50, earnings proximity 21d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: speculative.
Recent developments
updated 2026-10-15Recent Developments — First Majestic Silver Corp.
Latest news
- NEWS Deutsche Bank AG Stock 12‑Month Price Target Raised to $38.98, Implies 10% Upside - TradingView — TradingView positive
- NEWS First Majestic (AG) Could Find a Support Soon, Here's Why You Should Buy the Stock Now - finance.yahoo.com — finance.yahoo.com positive
- NEWS First Majestic (AG) Could Find a Support Soon, Here's Why You Should Buy the Stock Now - Yahoo Finance — Yahoo Finance positive
- NEWS First Majestic (AG) Could Find a Support Soon, Here's Why You Should Buy the Stock Now - Zacks Investment Research — Zacks Investment Research positive
- NEWS First Majestic Silver Corp (AG) Shares Fall 3.3% -- What GF Scor - GuruFocus — GuruFocus negative
Generated 2026-10-15T11:27:08Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker·2 ceiling hits
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $15.25, but acceptable to hold if already in. Reasons: Sector modifier (Basic Materials): -0.1; Consecutive earnings misses (2). Chart setup: Oversold RSI 19, near Bollinger lower, volume surge. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 0.00, quality 8.6/10, growth 10.0/10). | News modifier -1 (STRONG_BUY_WAIT → HOLD_IF_HOLDING) Target $20.40 (+33.8%), stop $14.51 (−5.1%), A.R:R 3.6:1. Score 6.7/10, moderate confidence.
Take-profit target: $20.40 (+33.8% upside). Target $20.40 (+33.8%), stop $14.51 (−5.1%), A.R:R 3.6:1. Stop-loss: $14.51.
Sector modifier (Basic Materials): -0.1; Consecutive earnings misses (2); Negative momentum.
First Majestic Silver Corp. trades at a P/E of 23.3 (forward 16.8). TrendMatrix value score: 7.8/10. Verdict: Hold.
13 analysts cover AG with a consensus score of 4.1/5. Average price target: $24.
What does First Majestic Silver Corp. do?First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties...
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties in North America. The company explores for silver and gold deposits. Its projects include the San Dimas silver/gold mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena silver/gold mine that covers an area of approximately 102,244 hectares located in Sonora State, Mexico; the Los Gatos Silver Mine covering an area of approximately 103,000 hectares located in Chihuahua, Mexico; and the La Encantada silver mine that covers an area of approximately 4,076 hectares located in Coahuila State, Mexico. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.