First Majestic Silver Soars 11.2% on HC Wainwright’s 22% PT Boost
First Majestic Silver jumped 11.2% after HC Wainwright raised its price target by 22% to $30 while maintaining a buy rating. The silver miner reported 2025 net income of $211 million versus a $101.9 million loss, 2025 revenues doubled to $1.257 billion, and declared a $0.0083/share dividend.
1. Analyst Upgrade
HC Wainwright boosted First Majestic Silver’s price target from $24.50 to $30, representing a 22% increase, and maintained a buy recommendation, fueling an 11.18% stock rally.
2. Annual Financial Performance
For full-year 2025, the company reversed a $101.9 million net loss to post net income of $211 million, driven by a $358.1 million increase in mine operating income and an $89.1 million deferred tax recovery, while revenues more than doubled to $1.257 billion.
3. Fourth-Quarter Highlights
In Q4 2025, First Majestic reported net income of $105.2 million compared with a $13.5 million loss a year earlier, and quarterly revenues jumped 169% to $463.9 million, supported by a 47% rise in average realized silver prices.
4. Dividend Policy
The company declared a quarterly dividend of $0.0083 per common share, payable March 16 to holders of record on February 27, and announced plans to raise dividends to 2% of net quarterly revenues by June 2026.