First Majestic Silver falls 6.4% as silver prices slide sharply

First Majestic Silver Corp. (AG) is down 6.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a sharp drop in silver prices, which tends to pressure primary silver miners more than the underlying metal due to operating leverage. The move also looks consistent with broader profit-taking in precious metals after a volatile run-up.

Details:

Silver prices fell sharply in Tuesday trading, weighing on companies whose revenues and margins are highly sensitive to realized silver prices.

Gold also moved lower, reinforcing a risk-off move across precious-metals-linked equities rather than an AG-specific development.

The decline came amid thinner liquidity tied to Lunar New Year holidays in Asia, which can amplify intraday swings in metals.

This could also reflect positioning ahead of the company’s next scheduled earnings release later this week.

Sources:

Barron’s

MarketWatch

Fortune

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$AG Hedge Fund Activity

We have seen 168 institutional investors add shares of $AG stock to their portfolio, and 154 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 12,081,688 shares (+408.1%) to their portfolio in Q4 2025, for an estimated $201,280,922
RENAISSANCE TECHNOLOGIES LLC removed 8,115,057 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $99,734,050
CITADEL ADVISORS LLC added 6,551,540 shares (+116.8%) to their portfolio in Q3 2025, for an estimated $80,518,426
VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 4,619,226 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $56,770,287
TIDAL INVESTMENTS LLC added 3,321,920 shares (+15.8%) to their portfolio in Q4 2025, for an estimated $55,343,187
VAN ECK ASSOCIATES CORP removed 3,085,118 shares (-7.1%) from their portfolio in Q4 2025, for an estimated $51,398,065
ARTEMIS INVESTMENT MANAGEMENT LLP added 2,754,973 shares (+inf%) to their portfolio in Q4 2025, for an estimated $45,897,850

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$AG Analyst Ratings

Wall Street analysts have issued reports on $AG in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

HC Wainwright & Co. issued a "Buy" rating on 10/10/2025
TD Securities issued a "Buy" rating on 10/08/2025

To track analyst ratings and price targets for $AG, check out Quiver Quantitative's $AG forecast page.

$AG Price Targets

Multiple analysts have issued price targets for $AG recently. We have seen 3 analysts offer price targets for $AG in the last 6 months, with a median target of $23.0.

Here are some recent targets:

Ovais Habib from Scotiabank set a target price of $23.0 on 01/26/2026
Heiko F. Ihle from HC Wainwright & Co. set a target price of $24.5 on 01/16/2026
An analyst from TD Securities set a target price of $22.0 on 10/08/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.