AG

Stock

First Majestic Silver Corp.

One email when a drop — in price or in valuation — is historically rare for AG. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

First Majestic Silver Corp. is 34.1% off its high — deeper than its 15.1% average pullback, but it has been through 27 drawdowns before. Not historically significant yet — we'll say so if that changes.

But down is not the same as cheap: First Majestic Silver Corp.'s P/S Severity Score is 0.2 — its valuation sits in or above its typical range.

Price $21.09 · as of Aug 21, 2026All-time high $32.01Drawdown -34.1%Severity Score™ 5.0Is the broader market down too?
🟡

Significant

Current Drawdown

-34.1%

Days in Drawdown

160

Avg Max Drawdown

15.1%

Avg Length

257

Drawdown Severity Score™

5.0

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.

Valuation vs Its Own History

Data as of August 21, 2026 · updated daily

Where today's valuation sits within AG's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

6.5xSeverity Score 0.2 · In or above its typical range
Low: 1.2xMedian: 5.3xHigh: 29.2x

First Majestic Silver Corp. has been cheaper on this measure only about 66% of the time in 20 years of daily history.

77.8% below its highest Price to Sales reading · high date February 26, 2007

Price to Sales history

EV to EBITDA

10.3xSeverity Score 8.1 · Very low vs its own history
Low: 7.0xMedian: 19.6xHigh: 298.6x

First Majestic Silver Corp. has been cheaper on this measure only about 5% of the time in 19 years of daily history.

96.6% below its highest EV to EBITDA reading · high date September 16, 2009

EV to EBITDA history · log scale

How we measure valuation

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

First Majestic Silver Corp. is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-21, the stock is trading at $21.09, which represents a 34.1% decline from its all-time high of $32.01. This drawdown has persisted for 160 days.

Based on its full tracked price history, 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 its tracked history. The largest drawdown on record for First Majestic Silver Corp. was 90.2%, beginning in 2011. The longest drawdown duration on record was 5407 days.

The Drawdown Severity Score™ for First Majestic Silver Corp. currently stands at 5.00. 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 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

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 is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 27 tracked pullbacks (27 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-03-14Ongoing160 days-34.1%$32.01$21.09n/a
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).

Know the Moment Severity Changes

See 9 real alerts from the past 5 years with actual returns

Average gain: +1041% • Real alerts • Real results

Monitor 3 stocks free · No credit card required

Or explore current drawdowns:

First Majestic Silver Corp. (AG) is trading at $21.09 as of Aug 21, 2026. It is 34.1% below its high of $32.01. The drawdown has lasted 160 days. Severity score: 5.0 (Significant).

AG Price History and Drawdown Data

Latest price

$21.09

High-water mark

$32.01

Current drawdown

-34.1%

Days in drawdown

160

This AG page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior First Majestic Silver Corp. drawdowns.

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 -34.1% has lasted 160 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

Track AG in a weekly digest

Get one weekly drawdown digest and a reminder to build a watchlist for tickers like First Majestic Silver Corp.. No per-article blasts.

Related Articles

View all articles

Learn More About Drawdowns