First Majestic Silver: The Santa Elena Mine

FULL DISCLOSURE: First Majestic Silver Corp is a sponsor of theDeepDive.ca.

The price of silver has been on a tear in 2025. At over $36.30 an ounce, the precious metal is up over 25% year to date. And since the start of last year, it’s up nearly 53%. 

For many investors, these types of gains seemed like they were a pipe dream. And for others, well, it’s been a long time coming. And with this bullish sentiment in mind, we thought what better time to examine one of the premier mines of our favorite silver producer?

Of course, we’re talking Keith Neumeyer’s First Majestic Silver (TSX: AG) (NYSE: AG), and their Santa Elena Mine Complex which we had the pleasure of visiting last year for an episode of DD-On-The-Go.

Let’s dive in.


FULL DISCLOSURE: First Majestic Silver Corp. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Majestic Silver Corp. The author has been compensated to cover First Majestic Silver Corp. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

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