FF Stock Overview

Engages in the acquisition, development, and exploration of mineral properties in Canada. More details

Snowflake Analysis

Good value slight.

Rewards

Trading at 96.7% below our estimate of its fair value

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

First Mining Gold Corp. Competitors

Newcore Gold

TSXV:NCAU

CA$152.7m

Ascot Resources

TSX:AOT

CA$185.6m

Monument Mining

TSXV:MMY

CA$146.3m

International Tower Hill Mines

TSX:ITH

CA$189.2m

Price History & Performance

Summary of share price highs, lows and changes for First Mining Gold
Historical stock prices
Current Share Price	CA$0.15
52 Week High	CA$0.18
52 Week Low	CA$0.12
Beta	1.02
1 Month Change	6.90%
3 Month Change	19.23%
1 Year Change	5.08%
3 Year Change	-41.51%
5 Year Change	-31.11%
Change since IPO	-67.37%

Recent News & Updates

First Mining Gold's competitive advantages in the mining sector.

Feb 17First Mining Gold owns the Springpole Gold Project in Ontario, one of the largest undeveloped gold projects in Canada, with 4.6 million ounces of indicated gold resources and 0.3 million ounces of inf

Recent updates

First Mining Gold's competitive advantages in the mining sector.

Shareholder Returns

	FF	CA Metals and Mining	CA Market
7D	6.9%	1.6%	0.7%
1Y	5.1%	28.6%	7.8%

Return vs Industry: FF underperformed the Canadian Metals and Mining industry which returned 24.7% over the past year.

Return vs Market: FF underperformed the Canadian Market which returned 9% over the past year.

Price Volatility

Is FF's price volatile compared to industry and market?
FF volatility
FF Average Weekly Movement	8.2%
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	9.5%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	4.0%

Stable Share Price: FF has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FF's weekly volatility (8%) has been stable over the past year.

Community vs My Fair Value

About the Company

Founded	Employees	CEO	Website
2015	n/a	Dan Wilton	www.firstmininggold.com

First Mining Gold Corp. engages in the acquisition, development, and exploration of mineral properties in Canada. It primarily explores for gold and silver deposits. The company holds interests in the Springpole Gold Project located in northwestern Ontario; Duparquet Gold Project, located on the destor-porcupine fault zone in the Abitibi region of Quebec, Canada; and the Cameron Gold Project located approximately 80 km southeast of Kenora in northwestern Ontario.

First Mining Gold Corp. Fundamentals Summary

How do First Mining Gold's earnings and revenue compare to its market cap?
FF fundamental statistics
Market cap	CA$164.84m
Earnings (TTM)	-CA$15.31m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-10.9x

P/E Ratio

Is FF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FF income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$15.31m
Earnings	-CA$15.31m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.014
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did FF perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/21 11:34
End of Day Share Price	2025/04/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Mining Gold Corp. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Cantor Fitzgerald Canada Corporation
Gabriel Gonzalez	Echelon Wealth Partners Inc.
Marcus Giannini	Haywood Securities Inc.

FF Stock Overview

Rewards

Risk Analysis

First Mining Gold Corp. Competitors

TSXV:NCAU

CA$152.7m

TSX:AOT

CA$185.6m

TSXV:MMY

CA$146.3m

TSX:ITH

CA$189.2m

Price History & Performance

Recent News & Updates

First Mining Gold Corp., Annual General Meeting, Jun 11, 2025

New major risk - Financial position

First Mining Gold Corp. Provides Update on 2025 Exploration Program At the Duparquet Gold Project and Mobilizes First Drilling Rig

First Mining Gold's competitive advantages in the mining sector.

First Mining Gold Corp. Announces New Drilling Results from the 2024 Phase 3 Diamond Drilling Program at its Duparquet Gold Project Located in Quebec, Canada

New minor risk - Market cap size

Recent updates

First Mining Gold Corp., Annual General Meeting, Jun 11, 2025

New major risk - Financial position

First Mining Gold Corp. Provides Update on 2025 Exploration Program At the Duparquet Gold Project and Mobilizes First Drilling Rig

First Mining Gold's competitive advantages in the mining sector.

First Mining Gold Corp. Announces New Drilling Results from the 2024 Phase 3 Diamond Drilling Program at its Duparquet Gold Project Located in Quebec, Canada

New minor risk - Market cap size

First Mining Identifies Eastern Extension Resource Growth Opportunity At the Springpole Gold Project

Price target decreased by 19% to CA$0.57

First Mining Gold Corp. Announces the Submission of Its Final Environmental Impact Statement / Environmental Assessment for the Springpole Gold Project

First Mining Gold Corp. announced that it has received CAD 7.3526 million in funding

First Mining Gold Corp. has completed a Composite Units Offering in the amount of CAD 7.00002 million.

First Mining Gold Corp. announced that it expects to receive CAD 5 million in funding

First Mining Announce New Assay Results for the Challenger High-Grade Gold Discovery At the Birch-Uchi Greenstone Belt Exploration Project Located in Northwestern Ontario, Canada

First Mining Gold Corp. Announces New Drilling Results from the 2024 Phase 3 Diamond Drilling Program At Its Duparquet Gold Project Located in Quebec, Canada

New major risk - Financial position

First Mining Gold Corp. announced that it has received CAD 6.95 million in funding

First Mining Gold Corp. announced that it expects to receive CAD 6 million in funding

Price target increased by 8.8% to CA$0.78

First Mining Gold Corp. Provides Update on 2024 Exploration Program At the Duparquet Gold Project

New major risk - Revenue and earnings growth

First Mining Gold Corp., Annual General Meeting, Jun 20, 2024

New major risk - Revenue and earnings growth

First Mining Gold Corp. Receives Construction Permits for A Temporary Winter Road from Ontario Ministry of Natural Resources and Forestry

First Mining Gold Corp. Announces Final 2023 Exploration Drilling Results and Commencement of 2024 Drill Program At the Duparquet Gold Project

Key Executive recently bought CA$63k worth of stock

Price target decreased by 8.8% to CA$0.65

First Mining Gold Corp. Confirms New Area of Mineralization At Central Duparquet

First Mining Gold Corp. announced that it has received CAD 10.832625 million in funding

First Mining Gold Corp. Discovers New High-Grade Gold Occurrences At Its Birch-Uchi Greenstone Belt Project

New minor risk - Shareholder dilution

Insufficient new directors

First Mining Gold Corp. announced that it expects to receive CAD 5 million in funding

New major risk - Revenue and earnings growth

First Mining Gold Corp. Defines New Gold Zone with 6.52 G/T Au over 4.6 Metres in Initial Drilling Campaign at the Duparquet Gold Project

New major risk - Financial position

New minor risk - Market cap size

First Mining Gold Corp. Announces General Counsel & Corporate Secretary Changes

First Mining Gold Corp. Delineates Encouraging Gold Targets at the Birch-Uchi Greenstone Belt Project

First Mining Gold Corp. Intersects 0.92 g/t Au Over 114 Metres and 0.75 g/t Au Over 58 Metres at its Saddle Target in the Birch-Uchi Greenstone Belt Project

First Mining Gold Corp. announced that it has received CAD 5 million in funding

First Mining Gold Corp. Advances Exploration and Identifies New Targets at the Birch-Uchi Greenstone Belt Project

Price target decreased by 8.3% to CA$0.69

Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire Non-Core Royalty Portfolio from First Mining Gold Corp. (TSX:FF) for CAD 6.7 million.

First Mining Provides Springpole Exploration Update on District-Scale Birch-Uchi Greenstone Belt

Price target decreased to CA$0.75

Price target increased to CA$0.88

First Mining Gold Corp. Files NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Duparquet Gold Project, Quebec

First Mining Gold Corp. (TSX:FF) completed the acquisition of Beattie Gold Mines Ltd.

First Mining Gold Corp. Announces Updated Mineral Resource Estimate at Duparquet Gold Project in Quebec

Key Executive recently bought CA$55k worth of stock

First Mining Gold Corp. announced that it has received CAD 5.32496 million in funding

First Mining Announces Appoints Lisa M. Peterson as New Chief Financial Officer, Effective September 16, 2022

First Mining Gold Corp. announced that it expects to receive CAD 4.95 million in funding

First Mining Gold Corp. Announces Unaudited Consolidated Impairment Results for the Quarter Ended June 30, 2022

Key Executive recently bought CA$76k worth of stock

First Mining Gold Corp. (TSX : FF) made an offer to acquire remaining 74.7% stake in Beattie Gold Mines Ltd.

Price target decreased to CA$1.07

First Mining Gold Corp., Annual General Meeting, Jun 09, 2022

First Mining Gold Corp. Announces the Appointment of Jeff Reinson as Chief Operating Officer