First Majestic (AG) Skyrockets by Double-Digits on 22% PT Hike

NodeGuardian · 2026-03-13T19:18:20+00:00

First Majestic Silver Corp. (AG) stock rose over 11% after HC Wainwright upgraded its price target to $30. The surge followed the company's profitable year, with $211 million in net income and doubled revenues, alongside a quarterly dividend announcement.

NodeGuardian

2026-03-13 19:18:20

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First Majestic Silver Corp. (AG) saw its stock price jump by over 11% following a price target upgrade to $30 from $24.50 by HC Wainwright, which maintained a “buy” recommendation. The rally was fueled by the company’s return to profitability in the last year, with net income reaching $211 million and revenues more than doubling. The company also announced a quarterly dividend distribution.

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