$10–$15 in sight if base breaks (over the next 12 months)

First Majestic Silver (AG) has been in a long downtrend, but signs of a bottom have started to form around the $5/$6 level. The recent stabilization and gradual upward pressure suggest that the stock may be building a base.

Analysts currently set an average 12-month price target at $7.86. However, if AG manages to break above this base structure, it could trigger momentum toward the $10–$15 range over the next year.

Silver prices remain a key driver. With rising interest in both industrial metals and defensive assets, silver could find tailwinds—and AG would likely benefit as a result.

While it is not making headlines, the setup is worth watching. Quiet accumulation often precedes meaningful breakouts.