Track record · closed signal

First Majestic Silver Corp. (AG) — closed signal from December 5, 2025

Target reached Published before the outcome was known, scored automatically when the window closed on March 5, 2026 — +70.6% at the close.

Predicted vs. what happened

AG price · publication thesis → realized outcomesplit-adjusted

$14.75 – $15.50Entry zone — fair-value band

$15.40Published — price the day we called it

$20.02Target — the price the thesis aimed for

$32.04Peak — highest point inside the window, not a realized return

$26.27Window close — end-of-window price, context only

What happened

Target reached

Reached its target in 38 days.

At window close

+70.6%

realized, from the publication price to the last close inside the window

Peak gain

+108.1%

peak, from the publication price — not a realized return

S&P 500, same window

-0.3%

SPY over the identical days, dividend-adjusted

Window close

$26.27

last close inside the window, ended March 5, 2026

Peak price

$32.04

peak on February 27, 2026 — not a realized return

Days to target

The thesis — published December 5, 2025

Predicted growth

+30%

over the measurement window

Target price

$20.02

the price the thesis aimed for

Entry zone

$14.75 – $15.50

the fair-value band we waited for

Price at publication

$15.40

published December 5, 2025

Confidence

70%

how strongly the data lined up

Timeframe

Short-term (0–3 months)

First Majestic is a straightforward way to benefit if silver stays strong. The stock jumped about 155% in 2025 and is near its one-year high, but a discounted cash flow model suggests it could still be about 22% undervalued. Strong buying and high volume support the rise, yet new convertible debt and very upbeat investor sentiment make buying pullbacks safer than chasing the rally.

Primary drivers

Higher silver prices boost cash flow and profit leverage
Strong momentum and heavy buying support the uptrend
Valuation work suggests the stock may be meaningfully undervalued
New $300 million convertible notes increase financing risk

How it played out

AG: target reached in 38 days

Lyra published AG at $15.40 on 2025-12-05 with expected growth of 30%. The thesis pointed to higher silver prices, strong momentum and heavy buying, valuation work that suggested the stock may have been meaningfully undervalued, and financing risk from new $300 million convertible notes.

Inside the window, AG reached the $20.02 target in 38 days. It later peaked at $32.04 on 2026-02-27, with a peak gain of 108.1%. By 2026-03-05, it ended at $26.27. The published thesis played out, and the price moved well past the target before the window closed.

Prices are shown split- and dividend-adjusted, matching what public charts show today.

Lyra

Read the next call before it closes.

This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.

See today’s picks All AG signals