Why First Majestic Silver (AG) Is Catching Investor Attention: A Momentum Play Worth Watching

Silver mining stocks have been attracting traders lately, and First Majestic Silver (AG) is showing signals that suggest it could continue its upward trajectory. The key to understanding this move lies in momentum investing—a strategy where investors capitalize on established price trends to capture profits before reversals occur.

The Numbers Tell a Compelling Story

AG’s recent performance speaks volumes. In just the past week, shares have climbed 36.96%, substantially outpacing the Zacks Mining - Silver industry’s 25.01% gain during the same period. Looking at a slightly longer horizon, the monthly performance widens the gap further: AG gained 47.05% compared to the industry’s 30.72%.

The longer-term picture is even more striking. Over the last three months, AG investors have seen a 66.38% return—a significant outperformance when you consider the S&P 500 managed just 6.55% in the same timeframe. Year-to-date, AG has delivered an impressive 150.24% return against the market’s 14.51%. These numbers suggest that buyers have maintained consistent conviction in the stock’s direction.

Trading volume also supports the bullish narrative. AG’s 20-day average volume of 15,327,507 shares indicates active participation, which typically reinforces price movements when they’re accompanied by strong buyer interest.

Earnings Revisions Point to Improving Fundamentals

Beyond price action, another critical momentum indicator involves what analysts expect from the company’s earnings. Recent revisions have been favorable: over the past two months, three earnings estimates moved upward while none moved lower for the full year.

This upgrading activity pushed the full-year consensus estimate from $0.15 to $0.25—a meaningful adjustment that reflects improving operational or market expectations. Looking ahead to the next fiscal year, the picture remains constructive, with two upward estimate revisions and zero downward ones recorded in the current period.

What the Rating System Says

First Majestic Silver carries a Zacks Rank of #2 (Buy) alongside a Momentum Style Score of B, which combines price momentum, trend strength, and estimate revision dynamics. Historical data shows that stocks in this category—holding a #2 or #1 rank paired with A or B momentum scores—tend to outperform the broader market over the following month.

The Bottom Line

All the indicators align for AG: accelerating price momentum, positive earnings revision trends, and solid trading volume behind the move. For investors seeking exposure to precious metals with a near-term bullish setup, First Majestic Silver deserves consideration as a stock that’s already proving its momentum credentials—and may have room to run.