Track record · closed signal

First Majestic Silver Corp (AG) — closed signal from July 9, 2026

Target reached Published before the outcome was known, scored automatically when the window closed on October 7, 2026 — -1.5% at the close.

Predicted vs. what happened

AG price · publication thesis → realized outcomesplit-adjusted

$16.00 – $17.10Entry zone — fair-value band

$16.90Published — price the day we called it

$20.61Target — the price the thesis aimed for

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

$16.65Window close — end-of-window price, context only

What happened

Target reached

Reached its target in 41 days.

At window close

-1.5%

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

Peak gain

+31.3%

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

$16.65

last close inside the window, ended October 7, 2026

Peak price

$22.19

peak on August 28, 2026 — not a realized return

Days to target

The thesis — published July 9, 2026

Predicted growth

+22%

over the measurement window

Target price

$20.61

the price the thesis aimed for

Entry zone

$16.00 – $17.10

the fair-value band we waited for

Price at publication

$16.90

published July 9, 2026

Confidence

74%

how strongly the data lined up

Timeframe

Short-term (0–3 months)

First Majestic could benefit if silver prices move higher. Management raised production expectations and recent mine updates show momentum. The company also sold a mine to simplify operations, and the balance sheet looks healthier than many peers. High metal price swings and mixed earnings make short-term gains possible but fragile.

Primary drivers

Higher silver guidance gives clearer near-term outlook
Mine production update shows actual operational momentum
Good cash/liquidity helps ride metal price swings
Sale of San Martin simplifies the asset mix and focus

How it played out

AG: target reached in 41 days

Lyra published the short-term thesis at $16.90 and expected 22% growth to $20.61. The thesis pointed to higher silver guidance, a mine production update, cash and liquidity, and the sale of San Martin. It also noted that metal price swings and mixed earnings made the expected gain fragile.

AG reached the target in 41 days. It peaked at $22.19 on August 28, a 31.3% gain from the publication price. By the end of the window on October 7, it had fallen to $16.65. The published price objective played out within the window, although the gain did not hold through the end.

What happened during the window

On July 30, 2026, First Majestic reported that second-quarter silver production rose 3% and gold production rose 2% from the same quarter a year earlier.

First Majestic Announces Q2 2026 Financial Results and Quarterly Dividend Payment

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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