First Majestic Silver Corp (AG)

Sep 29, 2026

First Majestic Silver Corp (AG) shares dropped 5.6%, leading to a current price of $17.95, which is significantly above its GF Value™ estimate of $11.91, indicating it is overvalued. Despite a strong financial strength rating of 9/10, its GF Score™ of 70/100 is tempered by a low valuation rank of 3/10. Investors should note the mixed activity among gurus and the absence of insider transactions, suggesting caution regarding the stock's current valuation.

Sep 25, 2026

First Majestic Silver has significantly increased its 2026 capital budget by 47% to US$318-344 million, driven primarily by a US$75 million investment to restart the Jerritt Canyon gold mine in Nevada. This strategic shift, despite the company's "pure-play silver" brand, is based on favorable asset economics, including an expanded gold resource base and sustained high gold prices. Additionally, First Majestic is divesting smaller silver assets while retaining equity stakes in the acquiring companies, and investing in organic growth at its Santa Elena and Los Gatos operations.

Sep 24, 2026

The silver market has experienced significant volatility in 2026, with prices touching record highs and then pulling back, yet still up significantly year-over-year. This has led developers to focus on acquiring and advancing previously built mines to leverage existing infrastructure and permits. Honey Badger Silver Inc. exemplifies this strategy with its PC Silver Mine, an asset with a long history and substantial pre-existing development, aiming to bring new ounces to market more efficiently.

Sep 23, 2026

First Majestic Silver (AG) saw its stock price drop by 6.2% due to a broad precious-metals selloff. This decline is attributed to a sharp fall in silver prices on September 23, 2026, driven by a stronger U.S. dollar and a more hawkish rate environment, which negatively impacted silver miners. Despite recent positive corporate updates and strong Q2 earnings, the stock's dip is likely a result of profit-taking and de-risking by traders amid the sector-wide downturn rather than company-specific issues.

Sep 22, 2026

First Majestic Silver Corp. (TSX:AG) experienced a 3.76% stock decline on September 21, 2026, driven by cautious institutional sentiment, significant capital expenditure for multi-asset expansion in Mexico and Nevada, and rising operational costs. The company, which operates four underground mines in Mexico and is restarting the Jerritt Canyon Gold Mine, faces challenges from cost inflation and macroeconomic pressures, leading investors to demand consistent free cash flow generation and cost containment. Despite strong long-term silver fundamentals, near-term investor scrutiny focuses on execution risks and financial discipline amidst an elevated cost-of-capital environment.

Sep 18, 2026

First Majestic Silver Corp (AG) saw its stock rise by 6.3% to $19.49, despite GuruFocus's GF Value™ indicating it is significantly overvalued at $11.59. The company has a GF Score™ of 69/100, driven by strong financial strength, but its valuation rank is low. Gurus show mixed sentiment, and there have been no insider transactions in the past year.