AG — First Majestic Silver Corp.
Basic Materials · ETF XLB · as of 2026-09-18
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
Price & today
| Stock today | +1.80% |
| Sector ETF today | -1.42% |
| Residual (stock-specific) | +3.22% |
Sector correlation
| 20-day correlation with XLB | 0.35 |
| 60-day correlation with XLB | 0.49 |
| Status | normal |
Decoupling fires when 60d corr − 20d corr > 0.20: stock used to track its sector but the relationship has weakened recently.
Technicals
| 10 EMA | $19.64 |
| 20 EMA | $19.75 |
| 50 EMA | $19.23 |
| EMA stack | NEUTRAL |
| RSI(14) | 51.4 |
| 52-week high distance | -38.08% |
| 52-week low distance | +139.61% |
Signals
| Market F&G | 46.9 |
| Bull% | 12.2% |
| OVTLYR status | SELL (5d) |
| Sector rank | #119 |
| Next earnings | 2026-10-29 (TNS, 40d) |
MarketSmith metrics - our compute
What do these abbreviations mean?
- RS Rating
- - IBD-style relative strength vs SPY (weighted 3/6/9/12-mo). 70+ = leaders pool, 80+ = strong.
- ADR%
- - average daily range over 20 days. 4%+ = the fast movers the playbook prefers (selection order, not a gate).
- RMV (tight)
- - Relative Measured Volatility, 15 bars, scaled 0-100. <15 = tight coiled base (green), <35 moderate, high = loose/expanding - not a base right now.
- Ext (ATR>20EMA)
- - how many ATRs price sits above its 20-EMA. ≤1 = in value (green), >2 = extended/chasing (red) - prefer a pullback.
- Rel Vol
- - latest volume vs the 50-day average. 100% = normal; 140%+ = breakout confirmation.
- U/D 50d / 25d
- - up-day vs down-day volume over the window. 1.1+ = net accumulation (institutions buying); under 0.9 on the 25d = net selling.
- Accum/Dist 25d
- - heavy-volume up days vs heavy-volume down days in the last 25 sessions (close moved 0.2%+ on above-average volume). The institutional-participation footprint; 5+ distribution days = O'Neil caution line.
- LoD dist
- - close distance above the day low in % of ATR (100 = one full ATR off the low). High = strong close.
- Off/Above 52w
- - trend-template legs: within 25% of the 52-week high, at least 25% above the 52-week low.
- Trend 8/8
- - all 8 Minervini Trend Template criteria pass. Discovery floor, NOT an entry signal - entries come from the VCP pivot.
- Base len (VCP)
- - weeks since the VCP base started on the latest scan. 10wk+ bases carry the edge; short stacked bases test below random.
Fundamentals & valuation - reference, not entry inputs
Company data - context read, not entry inputs
Quarterly EPS - earnings acceleration
A dash in %Chg is deliberate: the year-ago figure was a loss, so a growth % would be meaningless. A dash in Sales means we have no revenue figure for that quarter - read it as a gap in our data, not as zero revenue.
| Quarter | EPS ($) | %Chg YoY | Sales ($M) | %Chg |
|---|---|---|---|---|
| Nov-24 | -0.03 | - | 147.0 | +10% |
| Feb-25 | 0.03 | -67% | 172.3 | +26% |
| May-25 | 0.05 | - | 246.0 | +131% |
| Aug-25 | 0.04 | - | 264.7 | +94% |
| Nov-25 | 0.07 | - | 286.7 | +95% |
| Feb-26 | 0.30 | - | 471.1 | +173% |
| May-26 | 0.31 | - | 470.1 | +91% |
| Jul-26 | 0.21 | - | 415.5 | +57% |
eps_actual (the figure MarketSmith/Deepvue show) - whether a given quarter is GAAP or excludes a one-off follows the filing, so it can sit either side of another vendor's number; AAPL's Oct-24 row, the Sep-2024 fiscal quarter, is $0.97 here - GAAP, including the EU tax charge - where TradingView's year implies $1.64 · Sales ($M) = SEC EDGAR quarterly revenue (fiscal Q4 derived as FY minus 9-mo) · quarter = report month · %Chg blank = prior-year base under $0.05 (not meaningful).Recent news - our DB (Finnhub + OVTLYR)
- Aug 19 · Rare Earths Americas Shares Open For Trade At $24.51/Share; IPO Priced At $19/Share On 3.33M Shares Benzinga
- Aug 19 · Reported Earlier, Aura Minerals Greenlights $382M Era Dorada Underground Gold Project In Guatemala, Estimating 111,000 Oz Annual Output And First Half 2028 Production Commencement Benzinga
- Aug 19 · Silvers Supply And Demand Deficit Suggests Boom Times Ahead For Silver Miners SeekingAlpha
- Aug 11 + Silver Is Rebounding. Should You Invest Now? The Motley Fool
- Aug 04 + AST SpaceMobile vs. First Majestic Silver: Which Industrials Stock Is a Better Buy in 2026? The Motley Fool
- Aug 04 + AST SpaceMobile vs. First Majestic Silver: Which Industrials Stock Is a Better Buy in 2026? The Motley Fool
- Aug 04 + 3 Critical Mining Stocks Worth Buying The Motley Fool
- Jul 31 + Silver Is Down Big From Its Peak. Is Now the Time to Buy the Dip? The Motley Fool