Wednesday, December 10, 2025

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San Dimas: First Majestic Silver’s Sleeper Asset

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

When it comes to First Majestic Silver Corp. (TSX: AG) (NYSE: AG), the narrative among investors as of late has largely been centered around Cerro Los Gatos, which was acquired earlier this year, Jerritt Canyon, which was acquired a few years back, and the top-performing Santa Elena complex, which has now had multiple major discoveries in the last 12 months alone.

And we also did a site visit to Santa Elena, which we like to think has strongly contributed to the discussion.

But there’s another major asset within First Majestic’s portfolio that seemingly gets much less attention from investors: San Dimas.

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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