First Majestic Silver jumps as silver prices surge, amplifying leverage to the metal

First Majestic Silver Corp. (AG) is up 5.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a broad rally in silver, which typically lifts primary silver miners as investors seek leveraged exposure to the metal’s move. Recent company-reported operational and financial strength (including record production/revenue and an upcoming dividend payment) may also be adding confidence during a volatile precious-metals tape.

Details:

Silver prices have been trading around the high-$80s per ounce in early March 2026, a level that can quickly re-rate cash-flow expectations for silver-focused producers.

In its February 19, 2026 release, the company reported record quarterly silver production of 4.2 million ounces for Q4 2025 and record quarterly revenue of $463.9 million.

The same release included a quarterly cash dividend declaration of $0.0083 per share, with payment expected around mid-March 2026, which can attract incremental demand from income-focused investors.

The company also disclosed a record cash balance of $937.7 million at year-end 2025, which can improve perceived flexibility for capex, exploration, and balance-sheet resilience.

Sources:

First Majestic Silver Corp. (press release), J.P. Morgan Global Research, Finance Magnates

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 166 institutional investors add shares of $AG stock to their portfolio, and 161 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 removed 7,250,482 shares (-59.6%) from their portfolio in Q4 2025, for an estimated $120,793,030
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
JUMP FINANCIAL, LLC removed 2,438,392 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $29,967,837

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:

Heiko F. Ihle from HC Wainwright & Co. set a target price of $30.0 on 02/20/2026
Ovais Habib from Scotiabank set a target price of $23.0 on 01/26/2026
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.