First Majestic Silver Corp. (AG) is trading at $20.59, which is -35.7% below its all-time high of $32.01. The Drawdown Severity Score is 5.2, placing it in the red (severe) zone. Over its tracked history, AG has experienced 27 significant drawdown events with an average maximum drawdown of -15.1%.

Data last updated: April 9, 2026 at 04:25 PM EDT

AG

Stock

First Majestic Silver Corp.

Price

$20.59

as of Apr 9, 2026

All Time High: $32.01

🔴

Strong

Current Drawdown

-35.7%

Days in Drawdown

38

Avg Max Drawdown

15.1%

Avg Length

257

Drawdown Severity Score™

5.2

AG - Price & High Water Mark

AG - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

First Majestic Silver Corp. (AG) Analysis: Current Drawdown Insights

First Majestic Silver Corp. is currently experiencing an unusual drawdown opportunity. As of 2026-04-09, the stock is trading at $20.59, which represents a 35.7% decline from its all-time high of $32.01. This drawdown has persisted for 38 days.

Based on comprehensive historical analysis spanning 14 years, First Majestic Silver Corp. typically experiences drawdowns averaging 15.1% in depth, with an average duration of 257 days. First Majestic Silver Corp. has gone through 27 total drawdown events in the last 14 years. The largest drawdown for First Majestic Silver Corp. in the last 14 years was 90.2%. The longest drawdown duration in its history was 5407 days.

The Drawdown Severity Score™ for First Majestic Silver Corp. currently stands at 5.22. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown—the asset seldom sees declines at this level. This may represent a buying opportunity for value-focused investors with strong conviction.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing First Majestic Silver Corp.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 27 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-03-02Ongoing38 days-35.7%$32.01$20.59
2026-02-252026-02-262 days-0.3%$29.50$29.40$31.09
2026-01-292026-02-2023 days-22.8%$26.22$20.24$27.54
2011-04-062026-01-235407 days-90.2%$25.28$2.48$25.43
2011-03-252011-03-306 days-2.7%$19.85$19.31$20.31
2011-03-222011-03-232 days-1.5%$18.26$18.00$19.07
2011-03-092011-03-2112 days-17.7%$18.01$14.83$18.26
2011-03-032011-03-042 days-1.3%$16.28$16.06$17.02
2011-01-042011-03-0157 days-32.8%$15.40$10.35$16.07
2010-12-302010-12-312 days-0.9%$13.81$13.68$14.33
2010-12-152010-12-2915 days-12.7%$13.67$11.93$13.81
2010-12-072010-12-148 days-9.5%$13.37$12.09$13.67
2010-11-262010-11-305 days-4.0%$11.34$10.89$11.73
2010-11-232010-11-242 days-1.2%$11.21$11.08$11.34
2010-11-092010-11-2214 days-16.0%$10.90$9.15$11.21
2010-10-142010-10-2916 days-15.2%$7.41$6.29$7.55
2010-10-122010-10-132 days-1.1%$7.34$7.27$7.41
2010-10-072010-10-082 days-2.0%$7.28$7.13$7.31
2010-10-042010-10-052 days-3.1%$6.75$6.54$7.02
2010-09-272010-09-293 days-1.6%$6.66$6.55$6.68
2008-03-042010-09-20930 days-87.8%$5.75$0.70$6.05
2007-02-272008-03-03371 days-46.5%$5.41$2.89$5.75
2007-02-212007-02-233 days-0.4%$4.99$4.98$5.18
2007-01-192007-02-1629 days-15.4%$4.76$4.03$4.86
2007-01-042007-01-118 days-10.1%$4.49$4.04$4.49
2006-12-202006-12-278 days-3.8%$3.95$3.80$4.01
2006-12-182006-12-192 days-0.2%$3.95$3.94$3.95
2006-12-012006-12-1515 days-7.6%$3.89$3.59$3.95

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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What History Says About AG

First Majestic Silver Corp. has dropped 15%+ from its high 9 times in its tracked history. These events lasted an average of 762 days with an average max drop of -38.3%.

The current drawdown of -35.7% has lasted 38 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Apr 2011 to Jan 2026-90.2%5407 days
Mar 2008 to Sep 2010-87.8%930 days
Feb 2007 to Mar 2008-46.5%371 days
Jan 2011 to Mar 2011-32.8%57 days
Jan 2026 to Feb 2026-22.8%23 days
Mar 2011 to Mar 2011-17.7%12 days

Learn More About Drawdowns