Should You Buy First Majestic Silver Stock While It’s Below $12?

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Investing in quality mining stocks offers portfolio diversification and exposure to the commodity sector. One top TSX mining stock is First Majestic Silver (TSX:AG), valued at a market cap of $5.5 billion.

First Majestic Silver stock has returned 34% in the last 12 months and has almost doubled investor returns over the past decade. Let’s see if this TSX stock remains a good investment right now.

Is this TSX mining stock a good buy?

First Majestic Silver is engaged in the acquisition, exploration, development, and production of mineral properties. Over the years, First Majestic Silver has focused on strong operational momentum, positioning itself as a key player among silver miners.

The silver miner ended Q1 2025 with a record cash position of US$462.6 million and US$544 million in total liquidity. A strong balance sheet provides First Majestic Silver with the flexibility for growth investments and…

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