Analyst Price Target is $7.50
▲ +14.59% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for First Majestic Silver in the last 3 months. The average price target is $7.50, with a high forecast of $8.50 and a low forecast of $6.50. The average price target represents a 14.59% upside from the last price of $6.55.
Current Consensus is
Moderate Buy
The current consensus among 2 investment analysts is to moderate buy stock in First Majestic Silver. This rating has held steady since August 2024, when it changed from a Hold consensus rating.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
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