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First Majestic Silver Corp (AG) Stock Forecast & Price Prediction

Live AG Stock Price & Analysis

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$6.02

-0.14 (-2.27%)

12 Month Price Forecast For AG

$6.02
Current Price
$2.88B
Market Cap
6 Ratings
Buy 2
Hold 4
Sell 0
Wall St Analyst Ratings

Distance to AG Price Forecasts

+82.7%
To High Target of $11.00
+41.2%
To Median Target of $8.50
-0.3%
To Low Target of $6.00

AG Price Momentum

+0.5%
1 Week Change
+4.2%
1 Month Change
+27.3%
1 Year Change
+9.7%
Year-to-Date Change
-28.7%
From 52W High of $8.44
+44.4%
From 52W Low of $4.17

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 6, 2025 10:25 AM UTC

AG Analyst Ratings & Price Targets

Based on our analysis of 5 Wall Street analysts, AG has a consensus that is neutral. The median price target is $8.50, with forecasts ranging from $6.00 to $11.00. Currently, there are 2 Buy ratings, 4 Hold ratings, and 0 Sell ratings.

With AG currently trading at $6.02, the median price forecast suggests a 41.2% upside. The most optimistic forecast comes from Heiko Ihle at HC Wainwright & Co., projecting a 82.7% upside, while Ovais Habib at Scotiabank provides the most conservative target, suggesting a -0.3% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

AG Analyst Consensus

2
Buy
4
Hold
0
Sell

AG Price Target Range

Low
$6.00
Average
$8.50
High
$11.00
Current: $6.02

Latest AG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for AG.

Date Firm Analyst Rating Change Price Target
Jan 15, 2025 Scotiabank Ovais Habib Sector Perform Maintains $6.00
Jan 10, 2025 HC Wainwright & Co. Heiko Ihle Buy Reiterates $11.00
Oct 18, 2024 HC Wainwright & Co. Heiko Ihle Buy Reiterates $8.50
Sep 6, 2024 HC Wainwright & Co. Heiko Ihle Buy Reiterates $8.50
Aug 2, 2024 HC Wainwright & Co. Heiko Ihle Buy Reiterates $8.50
Jul 19, 2024 HC Wainwright & Co. Heiko Ihle Buy Reiterates $8.50
May 23, 2024 Scotiabank Ovais Habib Sector Perform Maintains $6.50
May 9, 2024 HC Wainwright & Co. Heiko Ihle Buy Reiterates $8.50
Apr 19, 2024 HC Wainwright & Co. Heiko Ihle Buy Maintains $8.50
Jan 19, 2024 HC Wainwright & Co. Heiko Ihle Buy Maintains $6.75
Aug 7, 2023 HC Wainwright & Co. Heiko Ihle Buy Maintains $12.00
Jul 21, 2023 HC Wainwright & Co. Heiko Ihle Buy Maintains $12.50
May 5, 2023 HC Wainwright & Co. Heiko Ihle Buy Maintains $10.00
Apr 21, 2023 HC Wainwright & Co. Heiko Ihle Buy Maintains $11.00
Mar 22, 2023 HC Wainwright & Co. Heiko Ihle Buy Maintains $10.50
Feb 27, 2023 HC Wainwright & Co. Heiko Ihle Buy Reiterates $12.00
Jan 20, 2023 HC Wainwright & Co. Heiko Ihle Buy Maintains $12.00
Oct 19, 2022 HC Wainwright & Co. Heiko Ihle Buy Maintains $12.50
Jul 25, 2022 HC Wainwright & Co. Heiko Ihle Buy Maintains $12.50
May 13, 2022 HC Wainwright & Co. Heiko Ihle Buy Maintains $19.50

Stocks Similar to First Majestic Silver Corp

The following stocks are similar to First Majestic based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

First Majestic Silver Corp (AG) Financial Data

First Majestic Silver Corp has a market capitalization of $2.88B with a P/E ratio of -12.5x. The company generates $525.21M in trailing twelve-month revenue with a -14.9% profit margin.

Revenue growth is +9.7% quarter-over-quarter, while maintaining an operating margin of +5.2% and return on equity of -5.8%.

Valuation Metrics

Market Cap $2.88B
Enterprise Value $1.83B
P/E Ratio -12.5x
PEG Ratio 23.2x
Price/Sales 5.5x

Growth & Margins

Revenue Growth (YoY) +9.7%
Gross Margin +19.4%
Operating Margin +5.2%
Net Margin -14.9%
EPS Growth +9.9%

Financial Health

Cash/Price Ratio +12.0%
Current Ratio 3.0x
Debt/Equity 17.0x
ROE -5.8%
ROA -6.8%

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First Majestic Silver Corp logo

First Majestic Silver Corp (AG) Company Overview

About First Majestic Silver Corp

What They Do

Mineral exploration and production focused on silver.

Business Model

The company acquires, explores, develops, and produces mineral properties, primarily focusing on silver and gold production. It generates revenue by mining these metals and selling them in the market, leveraging its various mining projects in Mexico.

Additional Information

First Majestic Silver Corp. was founded in 1979 and rebranded in 2006. Its key projects include the San Dimas, Santa Elena, and La Encantada mines, which collectively cover significant land areas in Mexico.

Company Information

Sector

Basic Materials

Industry

Silver

Employees

0

CEO

Mr. Keith N. Neumeyer

Country

Canada

IPO Year

2006

First Majestic Silver Corp (AG) Latest News & Analysis

AG stock latest news image
Quick Summary

First Majestic Silver Corp. reports significant expansion of high-grade gold and silver at its Navidad discovery in Mexico, with excellent recoveries shown in metallurgical testing.

Why It Matters

Expansion of high-grade gold and silver mineralization at Navidad boosts First Majestic's growth potential, indicating stronger future revenues and improved profitability for investors.

Source: Newsfile Corp
Market Sentiment: Neutral
AG stock latest news image
Quick Summary

First Majestic Silver (AG) and Mosaic (MOS) have shown performance metrics relative to their respective sectors in 2023. Further details on performance specifics were not provided.

Why It Matters

Performance comparisons indicate how well these companies are managing market conditions, influencing investor confidence and potential investment strategies in their respective sectors.

Source: Zacks Investment Research
Market Sentiment: Positive
AG stock latest news image
Quick Summary

Wall Street analysts project a 32.4% upside for First Majestic (AG), bolstered by a positive trend in earnings estimate revisions.

Why It Matters

The 32.4% upside potential from analyst price targets suggests strong growth expectations for First Majestic, potentially attracting investor interest and influencing stock performance.

Source: Zacks Investment Research
Market Sentiment: Positive
AG stock latest news image
Quick Summary

First Majestic Silver Corp. reported positive drilling results from its 2024 exploration program at the San Dimas Mine in Mexico, revealing significant silver and gold mineralization.

Why It Matters

Positive drilling results indicate potential for increased silver and gold production, likely boosting First Majestic's revenue and stock value, attracting investor interest.

Source: Newsfile Corp
Market Sentiment: Neutral
AG stock latest news image
Quick Summary

AG has completed its acquisition of Gatos Silver, enhancing its status as an intermediate primary silver producer.

Why It Matters

AG's acquisition of Gatos Silver enhances its production capacity and market position, potentially increasing revenue and shareholder value in the growing silver market.

Source: Zacks Investment Research
Market Sentiment: Positive
AG stock latest news image
Quick Summary

First Majestic Silver Corp. has successfully completed its acquisition of Gatos Silver, following shareholder approvals on January 14, 2025. The merger was previously announced on September 5, 2024.

Why It Matters

The acquisition enhances First Majestic's silver production capacity and market presence, potentially increasing revenue and shareholder value, impacting stock performance positively.

Source: Newsfile Corp
Market Sentiment: Neutral

Frequently Asked Questions About AG Stock

What is First Majestic Silver Corp's (AG) stock forecast for 2025?

Based on our analysis of 5 Wall Street analysts, First Majestic Silver Corp (AG) has a median price target of $8.50. The highest price target is $11.00 and the lowest is $6.00.

Is AG stock a good investment in 2025?

According to current analyst ratings, AG has 2 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $6.02. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for AG stock?

Wall Street analysts predict AG stock could reach $8.50 in the next 12 months. This represents a 41.2% increase from the current price of $6.02. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is First Majestic Silver Corp's business model?

The company acquires, explores, develops, and produces mineral properties, primarily focusing on silver and gold production. It generates revenue by mining these metals and selling them in the market, leveraging its various mining projects in Mexico.

What is the highest forecasted price for AG First Majestic Silver Corp?

The highest price target for AG is $11.00 from Heiko Ihle at HC Wainwright & Co., which represents a 82.7% increase from the current price of $6.02.

What is the lowest forecasted price for AG First Majestic Silver Corp?

The lowest price target for AG is $6.00 from Ovais Habib at Scotiabank, which represents a -0.3% decrease from the current price of $6.02.

What is the overall AG consensus from analysts for First Majestic Silver Corp?

The overall analyst consensus for AG is neutral. Out of 5 Wall Street analysts, 2 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $8.50.

How accurate are AG stock price projections?

Stock price projections, including those for First Majestic Silver Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.