Euro Pacific Asset Management 13F: Adds $253K to AG Stake

Euro Pacific Asset Management recently boosted its holdings in First Majestic Silver Corp. (NYSE:AG) by 20.9%. The fund added 12,166 shares, bringing its total to 70,499 shares, valued at approximately $1.47 million. This information comes from the latest Form 13F filing with the SEC, reflecting holdings as of the end of the reporting period.

What Changed in Euro Pacific Asset Management's First Majestic Silver Position

Euro Pacific Asset Management increased its stake in First Majestic Silver by 20.9%, raising its holdings from 58,333 shares to 70,499 shares. The total value of the position now stands at around $1.47 million.

First Majestic Silver Corp. Stock Down 20.2%

Shares of First Majestic Silver Corp. traded near their previous close of $19.84 as of last Friday. The company has a market capitalization of approximately $9.52 billion and a P/E ratio of 27.59. Its forward P/E is 18.98, with a beta of 2.186, indicating higher volatility compared to the market. Over the past year, the stock has ranged from a low of $10.19 to a high of $32.04, with a 50-day moving average of $18.60 and a 200-day moving average of $20.04. The company maintains a current ratio of 2.57 and a quick ratio of 2.34, with a debt-to-equity ratio of 9.81.

Recent Earnings

First Majestic Silver reported revenues of $1.64 billion, reflecting a growth rate of 57.3%. The company achieved a net margin of 21.18% and a return on equity of 13.43%. Its earnings per share (EPS) stood at $0.70. The next earnings report is expected on October 29, 2026.

Dividend

First Majestic Silver pays an annual dividend of $0.06 per share, yielding 0.31%. The dividend payout ratio is a modest 5.06%.

About First Majestic Silver Corp.

First Majestic Silver Corp. is a mining company that focuses on the acquisition, exploration, development, and production of mineral properties in North America. The company primarily explores for silver and gold deposits. Its notable projects include the San Dimas and Santa Elena silver/gold mines in Mexico. Headquartered in Vancouver, Canada, the company is led by CEO Keith N. Neumeyer.

Bottom Line

Euro Pacific Asset Management's decision to increase its stake in First Majestic Silver signals a continued interest in the company's potential. Investors keep an eye on such moves to gauge fund sentiment. Remember, 13F filings are backward-looking and may not represent the current position.