Silver enters 2026 facing its sixth straight annual structural deficit.
AG faces lower silver output in Q1, but Los Gatos mine gains and expansion plans may help offset production pressures ahead.
AG jumps 23.6% YTD, beating peers, but high valuation, production dips and tax issues suggest investors may want to wait for a better entry.
First Majestic's First Mint unit surges with record revenues and rising silver prices, boosting sales volumes and expanding its role in overall production growth.
AG gains from strong Los Gatos mine output and rising silver prices, with higher production and expansion plans driving growth momentum.
AG stands out over CDE with strong production growth, rising estimates and momentum in its mining and minting operations.
First Majestic Silver is upgraded to Buy, driven by the transformative Los Gatos acquisition and record Q4 2025 free cash flow of $250 million. AG's leverage to silver prices is substantial, with Q4 2025 production up 77% year-over-year and significant margin expansion at current silver levels. Despite a premium 17.4x forward P/E, AG's improved balance sheet, active portfolio streamlining, and near-term catalysts justify the valuation.
AG delivers 37% Q4 output growth and meets 2025 targets, driven by Gatos Silver acquisition and strong mine performance.
Here is how First Majestic Silver (AG) and South32 Ltd. (SOUHY) have performed compared to their sector so far this year.
First Majestic Silver (AG) – a mining and production company dealing in silver and gold in North America – experienced a 6-day decline, with total losses during this timeframe reaching -24%. The company's market capitalization has plummeted by approximately $3.1 billion over the past 6 days, now amounting to $10.0 billion.
AG surges 104% in six months on strong silver demand, record output and rising estimates, though valuation remains elevated.
AP, IPGP and ECPG momentum anomaly stocks flagged after oil price fears eased and markets steadied following recent volatility.