Companies · Other

First Majestic Silver Corp

VANCOUVER · Other

Diligence memoA one-page analyst read on First Majestic Silver Corp — recommendation, valuation, rhythm, risks.
$1.2M
Total raised · real
3
Rounds
0.5×
Latest step-up
Top 61%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Aug 20 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

First Majestic Silver Corp looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.61× the median modeled value of Pre-Seed Other companies in 2007–2009 (465 peers) — value vs value, same stage and era.
Dormant
  • Last raise 16.9 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

First Majestic Silver Corp is one of 25008 Other companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 40% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MPre-Seed · 2009-03-05 Raised $848K (real) Modeled valuation $20M (est)$848K$20MPre-Seed2009Pre-Seed · 2009-08-20 Raised $213K (real) Modeled valuation $4.9M (est)$213K$4.9MPre-Seed2009Pre-Seed · 2009-08-20 Raised $105K (real) Modeled valuation $2.4M (est)$105K$2.4MPre-Seed2009+$213K+$105KCumulative $1.2M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$848K · 2009
Pre-Seed extension$213K · 2009
Pre-Seed extension$105K · 2009

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$4.9M
Base estimate est.
$142K
Conservative case
$55.9M
Upside case
$1.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $19.6M · 2009-03-052009Pre-Seed · modeled $4.9M · 2009-08-20Pre-Seed · modeled $2.4M · 2009-08-202009
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
6.0 yr
Elapsed time used
16.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$2.5M/yr
Capital velocity
17.3 yr
On record since
2009
First round
3
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.6× of median
This company$1.2M
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$105K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$4.9M
Sector median$17.7M

Raised more than 40% of sector peers (real $). Modeled value above 25% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #324 of 465.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Twisted Beverage Co LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Charista Global Corp. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Golden Gate Paper Company, Inc · Pre-Seed Raised $1.0M · modeled $23.1M (est)ELC Holdings CORP · Pre-Seed Raised $1.0M · modeled $23.1M (est)Fine Wine Appreciation Partnership · Pre-Seed Raised $1.0M · modeled $23.1M (est)UA Imports, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Private Sector Nation Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Summit Brand Holdings, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Eye America Llc · Pre-Seed Raised $1.0M · modeled $23.1M (est)FEED Foods, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Meta Energy Group, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Intelleq Holdings, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)First Majestic Silver Corp (this company) Raised $1.2M · modeled $4.9M (est)First Majestic Silver Corp
CompanyStageRaised · realValue · estvs peer med.
Twisted Beverage Co LLCPre-Seed$1.0M$23.1M2.88×
Charista Global Corp.Pre-Seed$1.0M$23.1M2.88×
Golden Gate Paper Company, IncPre-Seed$1.0M$23.1M2.88×
ELC Holdings CORPPre-Seed$1.0M$23.1M2.88×
Fine Wine Appreciation PartnershipPre-Seed$1.0M$23.1M2.88×
UA Imports, Inc.Pre-Seed$1.0M$23.1M2.88×
Private Sector Nation Inc.Pre-Seed$1.0M$23.1M2.88×
Summit Brand Holdings, LLCPre-Seed$1.0M$23.1M2.88×
Eye America LlcPre-Seed$1.0M$23.1M2.88×
FEED Foods, Inc.Pre-Seed$1.0M$23.1M2.88×
Meta Energy Group, LLCPre-Seed$1.0M$23.1M2.88×
Intelleq Holdings, LLCPre-Seed$1.0M$23.1M2.88×
First Majestic Silver Corp this companyPre-Seed$1.2M$4.9M0.61×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$848K2009-03-05$4.7M$19.6M90%
Pre-Seed$213K2009-08-20$1.2M$4.9M90%
Pre-Seed$105K2009-08-20$586K$2.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$848K2009-03-05
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$213K2009-08-20
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 4.0× smaller than the prior — bridge or down round.
  3. Pre-Seed$105K2009-08-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
Intelligence
2009 ~Q4
Modeled next raise · ~3mo cadence
$105K
Modeled next size est.range $105K$169K
0.5×
Last step-up
$2.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Robert Young8 other2009-03
Ramon Davila2 other2009-08
Connie Lillico1 other2009-03
Keith Neumeyer1 other2009-03
Raymond Polman1 other2009-03
David A. Shaw2009-03
Douglas Penrose2009-03
Ramon Davilla2009-03
Robert McCallum2009-03
Tony Pezzotti2009-03
Registry & provenance

First Majestic Silver Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1308648
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Dhoonya Dance LLCOtherPre-Seed$1.2M$5.2Msame sector · same stage
KicksNation, Inc.OtherPre-Seed$1.2M$4.7Msame sector · same stage
AirFit, Inc.OtherPre-Seed$1.2M$5.1Msame sector · same stage
Chill Brands LLCOtherPre-Seed$1.1M$4.9Msame sector · same stage
Sagacity Media IncOtherPre-Seed$1.0M$5.1Msame sector · same stage
Thrugreen, LlcOtherPre-Seed$1.0M$5.1Msame sector · same stage
SmartDeFi Inc.OtherPre-Seed$1.3M$4.9Msame sector · same stage
Frequently asked
How much funding has First Majestic Silver Corp raised?
First Majestic Silver Corp has raised approximately $1.2M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is First Majestic Silver Corp's estimated valuation?
Provath's modeled valuation for First Majestic Silver Corp is approximately $4.9M (modeled range $142K–$55.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is First Majestic Silver Corp at?
First Majestic Silver Corp's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Aug 20.
What does First Majestic Silver Corp do and where is it based?
First Majestic Silver Corp operates in the Other sector, based in VANCOUVER.
Explore related

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