SCHEDULE 13G/A: Van Eck Associates Corp. Discloses 7.71% Stake in First Majestic Silver Corp.

Van Eck Associates Corp. has filed an amended Schedule 13G, reporting a 7.71% beneficial ownership stake in First Majestic Silver Corp. as of March 31, 2025.

Summary

• Van Eck Associates Corp. reported beneficial ownership of 37,352,889 common shares of First Majestic Silver Corp.
• This ownership represents 7.71% of the total class of securities.
• Van Eck Associates Corp. holds sole voting power over 37,203,833 shares and sole dispositive power over all 37,352,889 beneficially owned shares.
• The filing is an Amendment No. 6 to Schedule 13G, indicating an update to a previously disclosed position.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of First Majestic Silver Corp.

Sentiment

Score: 5

Explanation: Neutral, factual disclosure of beneficial ownership by an institutional investor.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an institutional investor's stake in a publicly traded company within the silver mining sector. It does not provide broader industry trends or specific insights into the silver market.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake in the company, which can influence market perception and trading activity.

Key Dates

Keywords

First Majestic Silver Corp, Van Eck Associates Corp, Schedule 13G, SEC filing, beneficial ownership, common shares, investment adviser, silver mining