First Mining Gold (TSX:FF) - Stock Price, News & Analysis

FF Stock Overview

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

FF fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

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

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

Shareholders have been diluted in the past year

Volatile share price over the past 3 months

+ 1 more risk

First Mining Gold Corp. Competitors

STLLR Gold

TSX:STLR

CA$135.3m

Founders Metals

TSXV:FDR

CA$127.9m

O3 Mining

TSXV:OIII

CA$115.3m

Liberty Gold

TSX:LGD

CA$133.3m

Price History & Performance

Summary of all time highs, changes and price drops for First Mining Gold
Historical stock prices
Current Share Price	CA$0.13
52 Week High	CA$0.18
52 Week Low	CA$0.095
Beta	0.93
1 Month Change	-13.79%
3 Month Change	13.64%
1 Year Change	-30.56%
3 Year Change	-67.53%
5 Year Change	-50.00%
Change since IPO	-73.68%

Recent updates

Shareholder Returns

	FF	CA Metals and Mining	CA Market
7D	-10.7%	-1.5%	0.4%
1Y	-30.6%	8.3%	11.4%

Return vs Industry: FF underperformed the Canadian Metals and Mining industry which returned 8.3% over the past year.

Return vs Market: FF underperformed the Canadian Market which returned 11.4% over the past year.

Price Volatility

Is FF's price volatile compared to industry and market?
FF volatility
FF Average Weekly Movement	13.0%
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.6%
10% most volatile stocks in CA Market	17.0%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: FF's share price has been volatile over the past 3 months.

Volatility Over Time: FF's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
2015	33	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$124.12m
Earnings (TTM)	-CA$26.86m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-4.3x

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$26.86m
Earnings	-CA$26.86m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.029
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

FF Stock Overview

Rewards

Risk Analysis

First Mining Gold Corp. Competitors

TSX:STLR

CA$135.3m

TSXV:FDR

CA$127.9m

TSXV:OIII

CA$115.3m

TSX:LGD

CA$133.3m

Price History & Performance

Recent News & Updates

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

Recent updates

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

First Mining Gold Corp. (TSX:FF) completed the acquisition of East Cedartree Project from Metalore Resources Limited (TSXV:MET).