Key Takeaways First Majestic produced 7.8M AgEq ounces in Q4, up 37% year over year.AG generated a record $250.4M Q4 free cash flow and raised its dividend target.PAAS sees 2026 silver output at 25-27M oz but faces higher gold AISC.First Majestic Silver Corp. (AG) and Pan American Silver Corp. (PAAS) are well-known names operating in the Zacks Mining - Silver industry. Both are headquartered in Vancouver, Canada, and provide investors with exposure to silver and gold. Both companies have been benefiting fro ...

Key Takeaways First Majestic produced 7.8M AgEq ounces in Q4, up 37% year over year.AG added 2.09M AgEq ounces from Cerro Los Gatos after the Gatos Silver buy.First Majestic met 2025 outlook with 31.1M AgEq ounces and record Mexico output.First Majestic Silver Corp. (AG) is benefiting from strong growth in silver production, supported by higher prices. In fourth-quarter 2025, the company produced 7.8 million silver-equivalent (AgEq) ounces, reflecting an increase of 37% year over year.The major driver behin ...

Core Viewpoint - Silver prices have surged to all-time highs alongside gold, driven by both monetary demand and industrial applications [1][2][13] Industry Overview - The rally in silver is supported by its dual role as a monetary metal and its essential use in various industrial applications, including solar panels, electric vehicles, and electronics [2][3] - Silver's unique properties, such as high electrical and thermal conductivity, strong reflectivity, and antimicrobial behavior, make it vital for modern technology [3] Company Summaries First Majestic Silver – AG - Current stock price is $29, operating silver mines in Mexico, and is a high-leverage miner with significant margin improvement potential [5] - Achieved record silver-equivalent output of 15.4 million ounces in 2025, with projected annual earnings growth of 30% to $0.60 per share in the current year and an 85% increase to $1.12 in fiscal 2027 [6] - Stock has increased nearly 80% year-to-date, with substantial EPS revisions across upcoming quarters [7][8] Buenaventura Mining – BVN - Current stock price is $40, a leading miner in Peru with diversified production in gold, silver, copper, lead, and zinc [9] - Shares have risen 200% in the last year, with an attractive forward earnings multiple of 11X and high-double digit EPS growth forecasted [9] Fresnillo – FNLPF - Current stock price is $57, recognized as the world's primary silver producer with over 500% stock gain in the last year [11] - Projected FY26 EPS is $2.91, a 708% increase from the previous year, with FY27 EPS expected to reach $3.01, trading at a forward P/E multiple of 18X [12] - Fresnillo has the highest revenue projections among peers, expected to exceed $5 billion annually [12] Market Sentiment - The Zacks Mining-Silver Industry is currently ranked in the top 6% of over 240 Zacks industries, indicating strong market sentiment [13] - The three highlighted stocks are rated with a Zacks Rank 1 (Strong Buy), reflecting their potential for continued growth [13]

A view of First Majestic’s Los Gatos operation in Chihuahua state. Credit: First Majestic Silver.Escalating security risks and a legacy of lengthy project approvals are increasing investor scrutiny of mining exposure to Mexico, TD Cowen says.Recent incidents linked to cartel activity — such as the late January abduction of 10 Vizsla Silver (TSX, NYSE: VZLA) workers and subsequent killing of some of them — underscore the strategic importance of Mexico’s mining industry, particularly for silver, TD Cowen mini ...

Core Viewpoint - The article highlights a significant increase in the prices of gold and silver, with notable gains in related mining stocks, indicating a positive trend in the precious metals market [1]. Group 1: Precious Metals Performance - Spot gold rose by 0.76%, reaching $5,184.5 [1] - Spot silver increased by over 4%, reaching $90.77 [1] Group 2: Mining Stocks Movement - Barrick Mining (B.US) saw an increase of over 1.2% [1] - Newmont Corporation (NEM.US) rose by 0.92% [1] - Agnico Eagle Mines (AEM.US) increased by over 1% [1] - First Majestic Silver (AG.US) surged by over 3% [1] - Fortuna Silver Mines (FSM.US) rose by over 2% [1] - Pan American Silver (PAAS.US) increased by nearly 2% [1]

Key Takeaways Gold and silver jumped as fresh tariff threats and tensions revived safe-haven demand.First Majestic Silver delivered a record 15.4M oz output in 2025, up 84% year over year.New Gold generated over $530M in 2025 free cash flow while advancing key growth projects.Gold and silver delivered exceptional gains last year as investors rushed toward safe-haven assets amid growing economic and geopolitical uncertainty. That momentum carried into 2026, with spot gold briefly surging past $5,500 per ounc ...

Key Takeaways First Majestic shares surged 128% in 3 months, nearing a $27.90 52-week high.AG posted record Q4 output and 266% jump in cash flow to $250.4 million.First Majestic expanded via the Gatos Silver deal but trades at 68.34X forward P/E.Shares of First Majestic Silver Corp. (AG) have been showing impressive gains of late, trading close to its 52-week high of $27.90. The stock closed at $27.55 on Friday, 1.3% below the highest point. Shares of the precious metals mining company have surged 128.4% in ...

Core Viewpoint - First Majestic Silver Corp. (NYSE:AG) has shown significant stock performance improvement, driven by a price target upgrade and strong financial results, including a return to profitability and substantial revenue growth [1][2][4]. Financial Performance - First Majestic reported a net income of $211 million, reversing a net loss of $101.9 million in 2024 [2]. - Total revenues more than doubled to $1.257 billion from $560.6 million in 2024, attributed to a 47% increase in average realized silver prices [4]. - In Q4, net income was $105.2 million, compared to a net loss of $13.5 million in the same quarter of 2024, with revenues surging 169% to $463.9 million from $172.3 million year-on-year [4]. Investment Recommendations - HC Wainwright raised its price target for First Majestic to $30 from $24.50, maintaining a "buy" recommendation [2]. - The company announced a dividend distribution of $0.0083 per common share, with plans to increase dividends to 2% of net quarterly revenues by June 2026 [5]. Operational Highlights - The strong performance was driven by a $358.1 million increase in mine operating income, a non-cash deferred income tax recovery of $89.1 million, and a $20.3 million impairment reversal related to the Del Toro Silver Mine sale [3].

Core Viewpoint - The prices of spot gold and silver have increased significantly, with gold rising over 1% to $5050.83 and silver rising over 3% to $81.1, indicating a positive trend in precious metals [1] Group 1: Precious Metals Market - Spot gold has increased by more than 1%, reaching $5050.83 [1] - Spot silver has increased by more than 3%, reaching $81.1 [1] Group 2: Mining Stocks Performance - Barrick Mining (B.US) has slightly decreased by 0.46% [1] - Newmont Corporation (NEM.US) has dropped by over 1% [1] - Agnico Eagle Mines (AEM.US) has increased by over 1.6% [1] - First Majestic Silver (AG.US) has risen by over 2.4% [1] - Fortuna Silver Mines (FSM.US) has increased by over 4.6% [1] - Pan American Silver (PAAS.US) has risen by over 1.8% [1]

We recently published 10 Firms Outperform Wall Street With Surprising Gains. First Majestic Silver Corp. (NYSE:AG)was one of the best performers on Thursday. First Majestic rallied for a second day on Thursday, jumping 9.65 percent to close at $24.78 apiece, as investors cheered its swing to profitability last year, alongside announcements of higher dividends. In an updated report, First Majestic Silver Corp. (NYSE:AG) said that it incurred a net profit of $211 million in full-year 2025, reversing a $10 ...