AG
First Majestic Silver Corp. Materials - Silver Mining Investor Relations →
First Majestic Silver Corp. (AG) closed at $18.00 as of 2026-06-19, trading 100.8% above its 200-week moving average of $8.96. The stock moved further from the line this week, up from 98.1% last week. The 14-week RSI sits at 40, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.99 ratio) is neutral — neither side is clearly dominating.
Over the past 972 weeks of data, AG has crossed below its 200-week moving average 19 times. On average, these episodes lasted 28 weeks. Historically, investors who bought AG at the start of these episodes saw an average one-year return of +3.1%.
With a market cap of $8.9 billion, AG is a mid-cap stock. The company generates a free cash flow yield of 7.3%, which is healthy. Return on equity stands at 11.5%. The stock trades at 3.1x book value.
Share count has increased 79.0% over three years, indicating dilution.
Over the past 18.7 years, a hypothetical investment of $100 in AG would have grown to $428, compared to $709 for the S&P 500. AG has returned 8.1% annualized vs 11.1% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: AG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After AG Crosses Below the Line?
Across 19 historical episodes, buying AG when it crossed below its 200-week moving average produced an average return of +1.4% after 12 months (median -22.0%), compared to +2.8% for the S&P 500 over the same periods. 26% of those episodes were profitable after one year. After 24 months, the average return was +21.5% vs +16.2% for the index.
Each line shows $100 invested at the moment AG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices AG would reach each dislocation threshold.
Dislocation Price Levels
Prices where AG's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-08-13.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $17.44 | Unusually cheap — potential buy zone |
| Value | +1σ | $20.37 | Cheap vs. own history |
| Fair Value | +0σ | $24.48 | Historical mean behavior |
| Expensive | -1σ | $30.68 | Expensive vs. own history |
| Deep Expensive | -2σ | $41.06 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from AG's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
AG has crossed below its 200-week MA 19 times with an average 1-year return of +3.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 2007 | Dec 2007 | 1 | 1.6% | -75.8% | +336.6% |
| Feb 2008 | Feb 2008 | 2 | 1.2% | -50.4% | +327.4% |
| Mar 2008 | May 2008 | 8 | 8.3% | -62.8% | +324.5% |
| Jun 2008 | Jun 2008 | 2 | 2.5% | -47.3% | +329.4% |
| Jul 2008 | Nov 2009 | 68 | 81.3% | -46.3% | +345.2% |
| Jan 2010 | Apr 2010 | 10 | 9.5% | +287.3% | +479.4% |
| Apr 2013 | Aug 2013 | 17 | 26.2% | -19.4% | +59.3% |
| Sep 2013 | Apr 2016 | 137 | 76.3% | -28.5% | +42.4% |
| Oct 2016 | Nov 2016 | 8 | 14.3% | -10.7% | +121.8% |
| Dec 2016 | Jan 2017 | 3 | 20.4% | +0.6% | +152.8% |
| Feb 2017 | Apr 2017 | 5 | 6.0% | -32.5% | +122.3% |
| Apr 2017 | May 2017 | 2 | 9.4% | -16.7% | +124.5% |
| Jun 2017 | Jun 2017 | 1 | 5.5% | -2.7% | +138.0% |
| Jul 2017 | Jul 2017 | 2 | 10.3% | +14.9% | +153.8% |
| Jul 2017 | Jun 2018 | 44 | 30.6% | +5.4% | +192.5% |
| Jul 2018 | Jun 2019 | 48 | 31.9% | +49.5% | +175.7% |
| Feb 2020 | Apr 2020 | 9 | 39.0% | +138.9% | +142.1% |
| Jan 2022 | Feb 2022 | 2 | 4.0% | -16.3% | +91.1% |
| May 2022 | Jun 2025 | 161 | 54.6% | -27.6% | +92.2% |
| Average | 28 | — | +3.1% | — |
Frequently Asked Questions
Is AG below its 200-week moving average?
No. First Majestic Silver Corp. (AG) is currently 100.8% above its 200-week moving average of $8.96. It would need to fall to $8.96 to cross below the line.
What is AG's 200-week moving average price?
First Majestic Silver Corp.'s 200-week moving average is $8.96 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when AG drops below its 200-week moving average?
AG has crossed below its 200-week moving average 19 times in our data. On average, buying at that moment produced a one-year return of +3.1%. These dips have historically been decent entry points. These episodes lasted 28 weeks on average.
Is AG a good value right now?
Here's what our data says about AG as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 40. Free cash flow yield is 7.3%. Return on equity is 11.5%. Price-to-book is 3.1x. This is not a buy or sell recommendation — always do your own research.
How does AG compare to the S&P 500?
Over the past 18.7 years, $100 invested in AG would have grown to $428, compared to $709 for the S&P 500. That's 8.1% annualized vs 11.1% for the index. AG has underperformed the broader market over this period.
Does AG pay a dividend?
Yes. First Majestic Silver Corp. currently pays a dividend yield of 18.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19