First Majestic Silver Corp. Stock News

Silver prices recently broke $83 per oz. before an artificially induced pullback due to COMEX changing its margin requirement rules.

Gold and silver prices declined today. First Majestic generates the majority of its revenue from the sale of silver and gold.

First Majestic Silver Corp (NYSE:AG) stock is down 4.9% to trade at $16.56 at last glance, the silver miner struggling as the red-hot safe haven asset pulls back from its record run.

It's been another banner year on Wall Street, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, respectively, higher by 14%, 16%, and 20% year-to-date. Although I've been a net seller of stocks in 2025, I'm a long-term investor who intends to hold the majority of my 36 positions for years to come.

In 2023, Warren Buffett revealed how a silver bull market was by far the most likely of three possible outcomes. Since then, the enormous gap between silver supply and demand has persisted.

This silver stock broke out of a base earlier this week and is in a buy zone. The silver miner's fourth-quarter sales are expected to double.

The price of silver is spiking, with futures up nearly 5% so far today. Investors are anticipating further rate cuts in December from the Federal Reserve.

First Majestic reported record silver production in Q3 2025. The company updated investors about a taxation dispute with the government of Mexico.