Track record · closed signal

First Majestic Silver Corp (AG) — closed signal from June 18, 2026

Target reached Published before the outcome was known, scored automatically when the window closed on September 16, 2026 — -1.8% at the close.

Predicted vs. what happened

AG price · publication thesis → realized outcomesplit-adjusted

$17.75 – $18.80Entry zone — fair-value band

$18.67Published — price the day we called it

$22.03Target — the price the thesis aimed for

$22.19Peak — highest point inside the window, not a realized return

$18.33Window close — end-of-window price, context only

What happened

Target reached

Reached its target in 71 days.

At window close

-1.8%

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

Peak gain

+18.9%

peak, from the publication price — not a realized return

S&P 500, same window

+1%

SPY over the identical days, dividend-adjusted

Window close

$18.33

last close inside the window, ended September 16, 2026

Peak price

$22.19

peak on August 28, 2026 — not a realized return

Days to target

The thesis — published June 18, 2026

Predicted growth

+18%

over the measurement window

Target price

$22.03

the price the thesis aimed for

Entry zone

$17.75 – $18.80

the fair-value band we waited for

Price at publication

$18.67

published June 18, 2026

Confidence

71%

how strongly the data lined up

Timeframe

Short-term (0–3 months)

First Majestic offers a way to benefit if silver rises, and its sales are improving with a healthier balance sheet than many miners. Recent sharp swings in the silver-mining space mean the stock could rise a lot or fall quickly. Price patterns look somewhat positive but not decisive, and mixed earnings make the case dependent on silver holding its level.

Primary drivers

Gains from silver exposure help diversify revenue streams
Balance sheet appears stronger than many mining peers
Recent sector swings create bigger upside but also bigger downside
Price action looks constructive only if silver holds current levels

How it played out

AG: target reached in 71 days

Lyra published AG at $18.67 on June 18, 2026, with an 18% short-term growth case and a $22.03 target. The thesis pointed to silver exposure, improving sales, a healthier balance sheet than many miners, large sector swings, and price action that depended on silver holding its level.

AG reached $22.19 on August 28, a peak gain of 18.9%. It hit the target in 71 days, so the published price objective played out inside the window. The stock then fell and ended the window at $18.33 on September 16. The target was reached, but the gain did not hold through the close.

What happened during the window

On July 8, 2026, First Majestic reported second-quarter production of 3.8 million silver ounces and updated its 2026 production and cost guidance. On July 30, 2026, the company reported second-quarter revenue of $415.5 million and net earnings of $109.4 million.

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.

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