First Majestic Silver (AG) Shines on Silver’s Surge – But Can the Rally Sustain?
Stock Performance and Technical Trends First Majestic’s stock has had a rollercoaster year, skyrocketing through 2025 alongside the price of silver. The share price climbed from the ~$5 level in January to a 52-week high of $15.69 by late Octoberreuters.com, vastly outperforming broader mining indices. This 158% year-to-date surge was propelled by optimism around the Los Gatos acquisition and leverage to silver’s historic rallyinvesting.com. Recent weeks have seen some consolidation. After the Q3 earnings miss in early November, AG pulled back roughly 20–30% from its peak, dipping into the low $10sreuters.com. Technical indicators reflect this cooling momentum: the stock broke