First Majestic Silver (AG.TO) fell 8.24% over the week. Its latest reported trading volume was below the 20-day average.
The company reported an 11% year-over-year drop in Q3 silver production. It also announced a settlement framework with Mexico, prompting a temporary suspension of NAFTA arbitration proceedings. The available information doesn’t show that either announcement caused the weekly share-price decline.
Investor takeaway: The weekly decline coincided with lower Q3 silver production, but the information provided doesn’t establish a cause for the share-price move.
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First Majestic Silver Corp
AG.TO
AG.TO
First Majestic Silver Corp
WealthAwesomeMarket cap
$11.15B
P/E
23.3x
Div. yield
0.20%
Div. / share
$0.05
52W high
$43.62
52W low
$14.39
1W change
-8.24%
Beta
2.19
Analyst Price Targets
Based on analyst covering AG · as of Sep 23, 2026
Wall Street analysts forecast AG stock price to rise 53.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$34.75
+53.7% Upside
Previously C$34.50 on Sep 17, 2026
Current Price
C$22.61
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AG's historical volatility
30-Day Vol
54.6%
Annualized
90-Day Vol
63.0%
Annualized
Trend (90d)
-21.0%
Annualized drift
90d Mean
C$20.97
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$22.05 | C$18.26 – C$26.63 |
| 60 trading days | C$21.51 | C$16.47 – C$28.08 |
| 90 trading days | C$20.97 | C$15.13 – C$29.07 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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First Majestic Silver fell 8.24% in one week
Latest reported volume was 168,851 shares, or 0.59 times the 20-day average of 1,996,861 shares.
Bull case
The shares are up 2.69% year to date. The company also reported a 21.2% profit margin and a 13.4% return on equity.
Bear case
The stock fell 8.24% over the week and 11.71% over the month. Q3 silver production was down 11% year over year.
What happened: shares lost 8.24% in a week
First Majestic Silver’s shares fell 8.24% over the week, according to the supplied figures. The latest close was C$22.55.
The company’s news list includes an October 12 report of an 11% year-over-year decline in Q3 silver production. On October 13, it announced a settlement framework with Mexico and a temporary suspension of NAFTA arbitration proceedings. The information provided doesn’t show that either development drove the weekly decline. See the company’s stock page for its listed market information.
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What the numbers show: volume was below average
Latest reported volume was 168,851 shares, compared with a 20-day average of 1,996,861. That’s 0.59 times the average.
The shares fell 11.71% over the month but remain up 2.69% year to date. At C$22.55, the latest close was 15.5% below the 50-day moving average of C$26.68 and 19.4% below the 200-day average of C$27.99. The supplied 52-week range was C$14.39 to C$43.62, putting the latest close at 28% of that range.
What to watch next: production and settlement developments
The Q3 production update and settlement framework are the company developments covered in the supplied news. Further details on production, the framework, or the arbitration proceedings would help clarify what happens next. No additional updates were provided.
The supplied analyst data list an average target of C$34.75, but that figure doesn’t explain the weekly move. See First Majestic Silver’s stock page for more company information.
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