Silver Price Surpasses $100, AG Stock Soars
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2026
0mins
Source: Benzinga
- Silver Price Surge: Over the past 12 months, silver prices have skyrocketed from around $30 to over $88, marking a nearly 200% increase that significantly boosts investor confidence and drives up related stocks like AG.
- Strong Performance of Silver Miners: The iShares Silver Trust (SLV) has gained 43% in the last month, while silver mining companies such as First Majestic Silver Corp (AG) and Pan American Silver Corp (PAAS) have also surged, reflecting strong market demand for silver.
- Strategic Importance of Silver: Silver's irreplaceable role in artificial intelligence and solar technology has led to skyrocketing demand, especially as the world races towards 2030 green energy targets, further driving sustained demand for silver.
- Supply Shortages Intensify: With China implementing new export restrictions, the global supply of silver continues to face deficits, and this situation is expected to worsen, making the shortage of physical silver a strategic bottleneck in the modern economy.
Analyst Views on AG
Wall Street analysts forecast AG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AG is 15.06 USD with a low forecast of 12.50 USD and a high forecast of 17.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 25.720
Low
12.50
Averages
15.06
High
17.50
Current: 25.720
Low
12.50
Averages
15.06
High
17.50
About AG
First Majestic Silver Corp. is a mining company. The Company is focused on silver and gold production in Mexico and the United States. It owns and operates approximately 350,000 hectares of land package, which include the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, and a 70% joint venture interest in the Cerro Los Gatos Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
