First Majestic Silver Hits Record Profit, AG Stock Soars to New High

First Majestic Silver Corp (AG) closed at an all-time high of $27.55 on Friday, after posting a record profit of $211M for fiscal year 2025.

The company's quarterly profit was $105.2 million, compared to a net loss of $13.5 million in the same period last year.

AG's shares have gained over 65% this year and more than tripled in 2025 due to strong industrial demand and uncertainty over tariff regulations.

H.C. Wainwright raised its price target on AG to $30 from $24.50, citing the company's ability to capture additional value from 'strong' bullion production and high silver prices.