BMO Capital Maintains a Market Perform Rating on First Majestic Silver Corp. (AG)

First Majestic Silver Corp. (NYSE:AG) is among the 15 Best Performing Silver Stocks to Buy.

According to TheFly, on January 16, 2026, BMO Capital maintained a Market Perform rating and lifted First Majestic Silver Corp. (NYSE:AG)’s price objective from C$22 to C$26.

After year-end production statistics were released, H.C. Wainwright reaffirmed its Buy rating on the stock and increased its price goal from $17.50 to $24.50 on the same day.

Attributable output for the fourth quarter of 2025 was 7.8 million silver equivalent ounces, which included 4.2 million ounces of silver, 41,417 ounces of gold, 14.2 million pounds of zinc, 8.1 million pounds of lead, and 235,886 pounds of copper. Silver production grew 77% year on year, whereas silver equivalent production jumped 37%. Production for 2025 totaled 31.1 million silver equivalent ounces, comprising 15.4 million ounces of silver and 147,433 ounces of gold, above expectations. In Q4, the corporation recorded a 0.55 TRIFR, sold the Del Toro mine for up to $60 million, and completed 57,305 meters of drilling.

First Majestic Silver Corp. (NYSE:AG) produces, develops, explores, and acquires mineral properties in North America, with a concentration on silver and gold production.

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Disclosure: None. This article is originally published at Insider Monkey.