First Mining Gold Corp. develops and explores for gold projects.
Adequate balance sheet and fair value.
Share Price & News
How has First Mining Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FF has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: FF underperformed the Canadian Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: FF underperformed the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is First Mining Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StFirst Mining Gold Corp. (TSE:FF) Insiders Increased Their Holdings
2 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The First Mining Gold Corp.'s (TSE:FF) Shareholder Register?
3 months ago | Simply Wall StShould You Take Comfort From Insider Transactions At First Mining Gold Corp. (TSE:FF)?
Is First Mining Gold undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FF (CA$0.26) is trading below our estimate of fair value (CA$1.83)
Significantly Below Fair Value: FF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FF is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: FF is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FF is good value based on its PB Ratio (0.6x) compared to the CA Metals and Mining industry average (1.6x).
How is First Mining Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FF is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FF is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FF is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if FF's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if FF's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FF's Return on Equity is forecast to be high in 3 years time
How has First Mining Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FF is currently unprofitable.
Growing Profit Margin: FF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FF is unprofitable, and losses have increased over the past 5 years at a rate of -23.4% per year.
Accelerating Growth: Unable to compare FF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FF is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: FF has a negative Return on Equity (-3.95%), as it is currently unprofitable.
How is First Mining Gold's financial position?
Financial Position Analysis
Short Term Liabilities: FF's short term assets (CA$9.7M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: FF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FF is debt free.
Reducing Debt: FF has no debt compared to 5 years ago when its debt to equity ratio was 12.1%.
Inventory Level: FF has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if FF's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FF has less than a year of cash runway if free cash flow continues to reduce at historical rates of -28.4% each year
What is First Mining Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FF's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Wilton 0
Mr. Daniel William Wilton, also known as Dan, has been the Chief Executive Officer and Director at First Mining Gold Corp. since January 07, 2019. Mr. Wilton has been an Independent Director of South Star ...
|Chief Financial Officer||3.4yrs||CA$403.40k||0.029% CA$44.6k|
|CEO & Director||1.1yrs||no data||0.41% CA$634.9k|
|Chief Operating Officer||0.8yrs||no data||0.026% CA$40.8k|
|Vice President of Corporate Development & Investor Relations||0.8yrs||no data||0.019% CA$28.6k|
|General Counsel & Corporate Secretary||3.7yrs||no data||0.027% CA$41.7k|
|Exploration Manager of Latin America||4.9yrs||CA$167.65k||no data|
Experienced Management: FF's management team is considered experienced (2.3 years average tenure).
|CEO & Director||1.1yrs||no data||0.41% CA$634.9k|
|Chairman of the Board||4.9yrs||CA$480.70k||2.01% CA$3.1m|
|Independent Director||3.8yrs||CA$272.90k||0.17% CA$262.1k|
|Independent Director||4.9yrs||CA$518.82k||0.17% CA$267.2k|
|Independent Director||4.9yrs||CA$279.90k||0.059% CA$91.4k|
|Member of Technical Advisory Committee||0yrs||CA$449.98k||no data|
Experienced Board: FF's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.
First Mining Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: First Mining Gold Corp.
- Ticker: FF
- Exchange: TSX
- Founded: 2005
- Industry: Gold
- Sector: Materials
- Market Cap: CA$154.218m
- Shares outstanding: 604.77m
- Website: https://www.firstmininggold.com
Number of Employees
- First Mining Gold Corp.
- 925 West Georgia Street
- Suite 1800
- British Columbia
- V6C 3L2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FF||TSX (The Toronto Stock Exchange)||Yes||New Common Shares||CA||CAD||Mar 2015|
|FFMG.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Mar 2015|
|FMG||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Mar 2015|
|0P07||LSE (London Stock Exchange)||Yes||New Common Shares||GB||CAD||Mar 2015|
First Mining Gold Corp. develops and explores for gold projects. The company also explores for copper and iron ore deposits. It holds a portfolio of 24 mineral assets in Canada, Mexico, and the United States. The company was formerly known as First Mining Finance Corp. and changed its name to First Mining Gold Corp. in January 2018. First Mining Gold Corp. was incorporated in 2005 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:00|
|End of Day Share Price||2020/02/24 00:00|
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 here.