FF Stock Overview
First Mining Gold Corp. develops and explores for gold projects.
First Mining Gold Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.24|
|52 Week High||CA$0.37|
|52 Week Low||CA$0.20|
|1 Month Change||17.07%|
|3 Month Change||0%|
|1 Year Change||-34.25%|
|3 Year Change||-18.64%|
|5 Year Change||-61.29%|
|Change since IPO||-49.47%|
Recent News & Updates
|FF||CA Metals and Mining||CA Market|
Return vs Industry: FF underperformed the Canadian Metals and Mining industry which returned -19.7% over the past year.
Return vs Market: FF underperformed the Canadian Market which returned -1.7% over the past year.
|FF Average Weekly Movement||8.2%|
|Metals and Mining Industry Average Movement||12.0%|
|Market Average Movement||11.0%|
|10% most volatile stocks in CA Market||19.6%|
|10% least volatile stocks in CA Market||4.4%|
Stable Share Price: FF is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: FF's weekly volatility (8%) has been stable over the past year.
About the Company
First Mining Gold Corp. develops and explores for gold projects. It also explores for silver, copper, and iron ore deposits. The company primarily holds interests in the Springpole Gold Project located in northwestern Ontario.
First Mining Gold Fundamentals Summary
|FF fundamental statistics|
Is FF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FF income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.0086|
|Net Profit Margin||0.00%|
How did FF perform over the long term?See historical performance and comparison
Is FF undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FF?
Other financial metrics that can be useful for relative valuation.
|What is FF's n/a Ratio?|
Price to Book Ratio vs Peers
How does FF's PB Ratio compare to its peers?
|FF PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
FVL Freegold Ventures
GBRR Great Bear Royalties
ME Moneta Gold
AOT Ascot Resources
FF First Mining Gold
Price-To-Book vs Peers: FF is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (15.3x).
Price to Earnings Ratio vs Industry
How does FF's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Book vs Industry: FF is good value based on its Price-To-Book Ratio (0.7x) compared to the Canadian Metals and Mining industry average (1.6x)
Price to Book Ratio vs Fair Ratio
What is FF's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||0.7x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate FF's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FF (CA$0.24) is trading below our estimate of fair value (CA$15.29)
Significantly Below Fair Value: FF is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is First Mining Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if FF's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if FF's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if FF's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FF is forecast to have no revenue next year.
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
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How has First Mining Gold performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 29.9% 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 (-15.8%).
Return on Equity
High ROE: FF has a negative Return on Equity (-2.67%), as it is currently unprofitable.
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How is First Mining Gold's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: FF's short term assets (CA$36.1M) exceed its short term liabilities (CA$12.2M).
Long Term Liabilities: FF's short term assets (CA$36.1M) exceed its long term liabilities (CA$26.0M).
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 0.9%.
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 sufficient cash runway for more than a year 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 14.9% each year
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What is First Mining Gold current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
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 recent payouts.
High Dividend: Unable to evaluate FF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FF has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD658.53K) is above average for companies of similar size in the Canadian market ($USD186.69K).
Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.
Experienced Management: FF's management team is considered experienced (2.7 years average tenure).
Experienced Board: FF's board of directors are considered experienced (3.6 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 not been meaningfully diluted in the past year.
First Mining Gold Corp.'s employee growth, exchange listings and data sources
- Name: First Mining Gold Corp.
- Ticker: FF
- Exchange: TSX
- Founded: 2005
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$170.898m
- Shares outstanding: 712.07m
- Website: https://www.firstmininggold.com
Number of Employees
- First Mining Gold Corp.
- 1188 West Georgia Street
- Suite 2070
- British Columbia
- V6E 4A2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/05 00:00|
|End of Day Share Price||2022/08/05 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.