First Majestic Silver (NYSE:AG) Trading Down 5.8% – Should You Sell?

23 Apr 2026, 17:40 by Scott Moore · The Cerbat Gem

First Majestic Silver Corp. (NYSE:AG – Get Free Report) (TSE:FR)’s share price was down 5.8% during trading on Tuesday . The stock traded as low as $20.49 and last traded at $20.2630. Approximately 3,919,269 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 23,668,873 shares. The stock had previously closed at $21.52.

Analyst Ratings Changes

Several equities research analysts have commented on AG shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of First Majestic Silver in a research report on Wednesday, January 21st. Zacks Research cut shares of First Majestic Silver from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Scotiabank boosted their price target on shares of First Majestic Silver from $12.50 to $23.00 and gave the stock a “sector perform” rating in a research report on Monday, January 26th. HC Wainwright boosted their price target on shares of First Majestic Silver to $30.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Wall Street Zen cut shares of First Majestic Silver from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 18th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $25.00.

Read Our Latest Report on First Majestic Silver

First Majestic Silver Trading Down 3.2%

The company has a fifty day simple moving average of $23.25 and a 200-day simple moving average of $18.80. The company has a current ratio of 2.60, a quick ratio of 2.41 and a debt-to-equity ratio of 0.09. The stock has a market cap of $9.98 billion, a price-to-earnings ratio of 57.84 and a beta of 0.97.

First Majestic Silver (NYSE:AG – Get Free Report) (TSE:FR) last posted its quarterly earnings data on Thursday, February 19th. The mining company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. The firm had revenue of $463.92 million for the quarter, compared to the consensus estimate of $561.30 million. First Majestic Silver had a return on equity of 7.25% and a net margin of 13.12%.The business’s revenue for the quarter was up 169.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.03 EPS. On average, research analysts forecast that First Majestic Silver Corp. will post 0.7 earnings per share for the current fiscal year.

First Majestic Silver Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were issued a $0.0083 dividend. The ex-dividend date was Friday, February 27th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from First Majestic Silver’s previous quarterly dividend of $0.01. First Majestic Silver’s dividend payout ratio is currently 8.57%.

Institutional Investors Weigh In On First Majestic Silver

Large investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC bought a new stake in shares of First Majestic Silver in the 4th quarter valued at approximately $25,000. EFG International AG bought a new stake in shares of First Majestic Silver in the 4th quarter valued at approximately $25,000. Bogart Wealth LLC bought a new stake in shares of First Majestic Silver in the 3rd quarter valued at approximately $28,000. Spire Wealth Management bought a new stake in shares of First Majestic Silver in the 4th quarter valued at approximately $35,000. Finally, Sound Income Strategies LLC grew its stake in shares of First Majestic Silver by 29,900.0% in the 3rd quarter. Sound Income Strategies LLC now owns 3,000 shares of the mining company’s stock valued at $37,000 after buying an additional 2,990 shares in the last quarter. Institutional investors own 27.16% of the company’s stock.

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.