Hillsdale Investment Management Inc. Acquires New Position in First Majestic Silver Corp. $AG

Hillsdale Investment Management Inc. acquired a new stake in shares of First Majestic Silver Corp. (NYSE:AGFree Report) (TSE:FR) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,671,305 shares of the mining company’s stock, valued at approximately $32,795,000. First Majestic Silver comprises about 1.0% of Hillsdale Investment Management Inc.’s investment portfolio, making the stock its 25th biggest holding. Hillsdale Investment Management Inc. owned approximately 0.55% of First Majestic Silver as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of AG. AdvisorNet Financial Inc raised its position in shares of First Majestic Silver by 33.2% in the third quarter. AdvisorNet Financial Inc now owns 3,898 shares of the mining company’s stock valued at $48,000 after purchasing an additional 971 shares during the period. Signaturefd LLC grew its stake in First Majestic Silver by 4.7% in the 3rd quarter. Signaturefd LLC now owns 22,275 shares of the mining company’s stock valued at $274,000 after buying an additional 1,008 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in First Majestic Silver by 6.1% during the 2nd quarter. SBI Securities Co. Ltd. now owns 22,357 shares of the mining company’s stock valued at $185,000 after acquiring an additional 1,282 shares during the period. CWM LLC lifted its position in shares of First Majestic Silver by 57.2% during the second quarter. CWM LLC now owns 5,114 shares of the mining company’s stock worth $42,000 after acquiring an additional 1,860 shares in the last quarter. Finally, Bogart Wealth LLC bought a new position in shares of First Majestic Silver in the third quarter worth $28,000. Hedge funds and other institutional investors own 27.16% of the company’s stock.

First Majestic Silver Stock Up 11.1%

Shares of AG opened at $27.54 on Friday. First Majestic Silver Corp. has a 1 year low of $5.09 and a 1 year high of $27.90. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.38 and a quick ratio of 2.96. The stock has a 50 day simple moving average of $20.51 and a two-hundred day simple moving average of $14.76. The firm has a market cap of $13.57 billion, a P/E ratio of 78.68 and a beta of 0.85.

First Majestic Silver (NYSE:AGGet Free Report) (TSE:FR) last announced its quarterly earnings data on Thursday, February 19th. The mining company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. First Majestic Silver had a net margin of 13.12% and a return on equity of 7.41%. The firm had revenue of $463.92 million during the quarter, compared to analyst estimates of $561.30 million. During the same period in the previous year, the business posted $0.03 EPS. The business’s quarterly revenue was up 169.2% on a year-over-year basis. On average, analysts forecast that First Majestic Silver Corp. will post 0.54 earnings per share for the current fiscal year.

First Majestic Silver Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be given a dividend of $0.0083 per share. The ex-dividend date is Friday, February 27th. This is a positive change from First Majestic Silver’s previous quarterly dividend of $0.01. This represents a $0.03 annualized dividend and a yield of 0.1%. First Majestic Silver’s dividend payout ratio (DPR) is currently 5.71%.

First Majestic Silver News Summary

Here are the key news stories impacting First Majestic Silver this week:

  • Positive Sentiment: Earnings beat & return to profitability — First Majestic reported Q4 EPS of $0.30 vs. $0.27 consensus and swung to profit for the year, which is the primary catalyst investors are rewarding. This underpins the rally and supports sentiment that operational leverage to silver is working in a rising-price environment. Earnings Press Release
  • Positive Sentiment: Dividend hike — the company raised its quarterly payout ~59.6% to $0.0083 (annualized yield ~0.1%), signaling stronger cash flow and returning capital to shareholders, which supports the bullish narrative. Dividend & Results Release
  • Positive Sentiment: Unusually large call option activity — traders bought ~109,053 call options (≈+51% vs. average), indicating short-term bullish positioning that can amplify upside intraday/near-term. (No external link provided)
  • Neutral Sentiment: Revenue missed expectations — Q4 revenue was $463.9M versus ~$561.3M consensus, a notable shortfall that tempers the EPS beat and reminds investors that volumes/realizations matter; keep an eye on guidance and silver price sensitivity. Earnings Snapshot
  • Neutral Sentiment: Media coverage and investor notes highlighted the turnaround and dividend, helping momentum but also attracting short-term traders; monitor volume and whether buying is sustained. Example coverage: Yahoo Article and Insidermonkey Article
  • Negative Sentiment: Analyst downgrade — Seeking Alpha published a “double downgrade” note warning that leverage to silver can cut both ways, which could pressure sentiment if silver prices pull back or operational metrics disappoint. Seeking Alpha Downgrade

Analysts Set New Price Targets

AG has been the subject of several recent research reports. HC Wainwright lifted their price target on First Majestic Silver to $30.00 and gave the company a “buy” rating in a research report on Friday. Wall Street Zen upgraded First Majestic Silver from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research upgraded First Majestic Silver from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Scotiabank increased their price target on shares of First Majestic Silver from $12.50 to $23.00 and gave the stock a “sector perform” rating in a report on Monday, January 26th. Finally, Cormark raised shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research note on Thursday, November 6th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, First Majestic Silver presently has a consensus rating of “Moderate Buy” and an average price target of $25.00.

Read Our Latest Research Report on First Majestic Silver

First Majestic Silver Company Profile

(Free Report)

First Majestic Silver Corp. (NYSE:AG) engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.

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Institutional Ownership by Quarter for First Majestic Silver (NYSE:AG)

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