Track record · closed signal

First Majestic Silver Corp (AG) — closed signal from April 24, 2026

Target reached Published before the outcome was known, scored automatically when the window closed on July 23, 2026 — -18.6% at the close.

Predicted vs. what happened

AG price · publication thesis → realized outcomesplit-adjusted

$19.50 – $20.40Entry zone — fair-value band

$20.21Published — price the day we called it

$23.04Target — the price the thesis aimed for

$24.51Peak — highest point inside the window, not a realized return

$16.45Window close — end-of-window price, context only

What happened

Target reached

Reached its target in 13 days.

At window close

-18.6%

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

Peak gain

+21.3%

peak, from the publication price — not a realized return

S&P 500, same window

+3.7%

SPY over the identical days, dividend-adjusted

Window close

$16.45

last close inside the window, ended July 23, 2026

Peak price

$24.51

peak on May 12, 2026 — not a realized return

Days to target

The thesis — published April 24, 2026

Predicted growth

+14%

over the measurement window

Target price

$23.04

the price the thesis aimed for

Entry zone

$19.50 – $20.40

the fair-value band we waited for

Price at publication

$20.21

published April 24, 2026

Confidence

66%

how strongly the data lined up

Timeframe

Short-term (0–3 months)

First Majestic is a higher-risk way to play precious metals. Recent company news like the Jerritt Canyon restart and a tighter silver market help the case, and the stock looks like it has room to recover after a pullback. Still, mine performance and swings in metal prices can quickly change the outlook, so conviction is lower.

Primary drivers

A tighter silver market helps producers' outlook
Jerritt Canyon restart adds longer-term optional value
Recent pullback creates room for an early rebound
Healthy balance sheet cushions metal-price swings

How it played out

AG: target reached in 13 days, then gains reversed

Lyra published AG at 20.21 with expected growth of 14% and a target of 23.04. The thesis pointed to a tighter silver market, the Jerritt Canyon restart, room for an early rebound after the pullback, and balance-sheet support against metal-price swings.

The price reached the target in 13 days and peaked at 24.51 on May 12, a gain of 21.3%. It later fell and ended the window at 16.45. The published upside thesis played out inside the window, but the gain did not hold through the end.

What happened during the window

On May 12, First Majestic reported its first-quarter financial results and increased its quarterly dividend. On June 25, the company announced that it had received construction permits for Santo Niño and Navidad.

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