First Majestic Silver (TSX:AG) Is Down 17.9% After Silver Surges To US$100 Per Ounce – What's Changed
In early 2026, First Majestic Silver was lifted by silver prices reaching US$100 per ounce, a move linked to geopolitical tensions, economic uncertainty, and a multi‑year supply deficit. The company’s heightened focus on silver, including its 2025 acquisition of Gatos Silver and majority revenue from the metal, ties its fortunes more closely than ever to commodity price swings. Next, we’ll examine how the silver price spike and First Majestic’s silver‑heavy portfolio reshape its existing...
In early 2026, First Majestic Silver was lifted by silver prices reaching US$100 per ounce, a move linked to geopolitical tensions, economic uncertainty, and a multi‑year supply deficit. The company’s heightened focus on silver, including its 2025 acquisition of Gatos Silver and majority revenue from the metal, ties its fortunes more closely than ever to commodity price swings. Next, we’ll examine how the silver price spike and First Majestic’s silver‑heavy portfolio reshape its existing...