First Mining Gold Future Growth

Future criteria checks 0/6

First Mining Gold is forecast to grow earnings at 70.6% per annum. EPS is expected to grow by 71.7% per annum.

Key information

70.6%

Earnings growth rate

71.7%

EPS growth rate

Metals and Mining earnings growth	39.6%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	Low
Last updated	21 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:FF - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	N/A	-8	-37	-8	2
12/31/2025	N/A	-8	-15	-8	2
12/31/2024	N/A	-39	-15	-3	2
9/30/2024	N/A	-42	-23	-3	N/A
6/30/2024	N/A	-36	-22	-4	N/A
3/31/2024	N/A	-27	-23	-7	N/A
12/31/2023	N/A	-7	-19	-5	N/A
9/30/2023	N/A	-7	-11	-6	N/A
6/30/2023	N/A	-10	-12	-5	N/A
3/31/2023	N/A	-14	-14	-2	N/A
12/31/2022	N/A	-16	-21	-5	N/A
9/30/2022	N/A	-15	-30	-4	N/A
6/30/2022	N/A	-10	-29	-6	N/A
3/31/2022	N/A	-6	-27	-7	N/A
12/31/2021	N/A	-38	-23	-6	N/A
9/30/2021	N/A	-31	-26	-6	N/A
6/30/2021	N/A	-46	-25	-6	N/A
3/31/2021	N/A	-64	-23	-5	N/A
12/31/2020	N/A	-33	-22	-4	N/A
9/30/2020	N/A	-36	-16	-5	N/A
6/30/2020	N/A	-25	-15	-5	N/A
3/31/2020	N/A	-7	-13	-4	N/A
12/31/2019	N/A	-7	-10	-4	N/A
9/30/2019	N/A	-10	-9	-4	N/A
6/30/2019	N/A	-10	-9	-4	N/A
3/31/2019	N/A	-10	-9	-4	N/A
12/31/2018	N/A	-12	-11	-4	N/A
9/30/2018	N/A	-7	-13	-4	N/A
6/30/2018	N/A	-8	N/A	-4	N/A
3/31/2018	N/A	-8	N/A	-5	N/A
12/31/2017	N/A	-11	N/A	-5	N/A
9/30/2017	N/A	-13	N/A	-5	N/A
6/30/2017	N/A	-12	N/A	-6	N/A
3/31/2017	N/A	-17	N/A	-5	N/A
12/31/2016	N/A	-11	N/A	-7	N/A
9/30/2016	N/A	-9	N/A	-7	N/A
6/30/2016	N/A	-11	N/A	-6	N/A
3/31/2016	N/A	-5	N/A	-4	N/A
12/31/2015	N/A	-5	N/A	-2	N/A
9/30/2015	N/A	-3	N/A	-2	N/A
6/30/2015	N/A	-3	N/A	-1	N/A
3/31/2015	N/A	-2	N/A	-1	N/A
12/31/2014	N/A	-1	N/A	0	N/A
9/30/2014	N/A	-1	N/A	-1	N/A

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: FF is forecast to have no revenue next 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

First Mining Gold Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 19% to CA$0.57

Price target increased by 8.8% to CA$0.78

Price target decreased by 8.8% to CA$0.65

Price target decreased by 8.3% to CA$0.69

Price target decreased to CA$0.75

Price target increased to CA$0.88

Recent updates

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

First Mining Gold Corp. (TSX:FF) acquired a 15.3% stake in Beattie Gold Mines Ltd. for CAD 3.4 million.

Price target decreased to CA$1.07

First Mining Gold Corp. Provides Update on Springpole Technical Programs

Key Executive recently bought CA$75k worth of stock

Key Executive recently bought CA$79k worth of stock

First Mining Gold Corp. Provides Update on Operations at Springpole Gold Project

First Mining Provides Update on Operations At Springpole Gold Project

First Mining Provides Update on Operations at Springpole Gold Project

First Mining Files Technical Report for the Positive Pre-Feasibility Study on the Springpole Gold Project, Ontario, Canada

Key Executive recently bought CA$95k worth of stock

New 90-day low: CA$0.38

Key Executive recently bought CA$99k worth of stock

Price target lowered to CA$1.17

Key Executive recently bought CA$400k worth of stock

First Mining Announces Positive Pre-Feasibility Study for the Springpole Gold Project, Ontario, Canada