Hillsdale Investment Management Inc. Cuts Position in First Majestic Silver Corp. $AG

Posted by Stanley Muller on May 30th, 2026

Hillsdale Investment Management Inc. trimmed its position in First Majestic Silver Corp. (NYSE:AG – Free Report) (TSE:FR) by 38.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,639,690 shares of the mining company’s stock after selling 1,031,615 shares during the quarter. First Majestic Silver comprises 0.8% of Hillsdale Investment Management Inc.’s investment portfolio, making the stock its 29th biggest position. Hillsdale Investment Management Inc.’s holdings in First Majestic Silver were worth $27,406,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sprott Inc. raised its holdings in shares of First Majestic Silver by 51.8% in the 3rd quarter. Sprott Inc. now owns 2,036,679 shares of the mining company’s stock worth $24,974,000 after purchasing an additional 695,391 shares during the period. Vanguard Group Inc. raised its holdings in shares of First Majestic Silver by 4.3% in the 3rd quarter. Vanguard Group Inc. now owns 18,050,155 shares of the mining company’s stock worth $221,657,000 after purchasing an additional 739,315 shares during the period. Alps Advisors Inc. raised its holdings in shares of First Majestic Silver by 108.7% during the 3rd quarter. Alps Advisors Inc. now owns 7,203,207 shares of the mining company’s stock valued at $88,527,000 after buying an additional 3,751,376 shares during the period. Caprock Group LLC purchased a new stake in shares of First Majestic Silver during the 3rd quarter valued at about $1,045,000. Finally, Hohimer Wealth Management LLC purchased a new stake in shares of First Majestic Silver during the 3rd quarter valued at about $3,131,000. 27.16% of the stock is currently owned by hedge funds and other institutional investors.

First Majestic Silver Stock Performance

NYSE:AG opened at $21.05 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.73 and a quick ratio of 2.54. The firm has a 50-day moving average of $20.68 and a two-hundred day moving average of $20.15. The stock has a market cap of $10.39 billion, a P/E ratio of 35.09 and a beta of 0.85. First Majestic Silver Corp. has a 1-year low of $6.00 and a 1-year high of $32.03.

First Majestic Silver (NYSE:AG – Get Free Report) (TSE:FR) last issued its quarterly earnings data on Tuesday, May 12th. The mining company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). First Majestic Silver had a net margin of 19.51% and a return on equity of 11.19%. The business had revenue of $476.67 million for the quarter, compared to analyst estimates of $522.00 million. During the same quarter last year, the business earned $0.05 EPS. First Majestic Silver’s revenue for the quarter was up 95.3% compared to the same quarter last year. On average, research analysts expect that First Majestic Silver Corp. will post 0.74 earnings per share for the current fiscal year.

First Majestic Silver Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Wednesday, May 20th were paid a dividend of $0.0171 per share. This is a boost from First Majestic Silver’s previous quarterly dividend of $0.01. The ex-dividend date was Wednesday, May 20th. This represents a $0.07 dividend on an annualized basis and a yield of 0.3%. First Majestic Silver’s payout ratio is 11.67%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on AG shares. Weiss Ratings upgraded First Majestic Silver from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 13th. Scotiabank upgraded First Majestic Silver to a “hold” rating in a report on Thursday, April 23rd. HC Wainwright raised their target price on First Majestic Silver to $30.75 and gave the company a “buy” rating in a report on Tuesday, May 12th. BMO Capital Markets upgraded First Majestic Silver from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 24th. Finally, Wall Street Zen downgraded First Majestic Silver from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, First Majestic Silver currently has a consensus rating of “Moderate Buy” and an average price target of $25.25.

Check Out Our Latest Report on First Majestic Silver

First Majestic Silver Company Profile

(Free Report)

First Majestic Silver Corp. (NYSE:AG) engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.