How does FMG's PB Ratio compare to its peers?

FMG is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (12x).

How does FMG's PB Ratio compare vs other companies in the European Metals and Mining Industry?

FMG is good value based on its Price-To-Book Ratio (0.6x) compared to the European Metals and Mining industry average (0.9x).

What is FMG'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.

Insufficient data to calculate FMG's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of FMG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate FMG's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

First Mining Gold (DB:FMG) - Stock Price, News & Analysis

FMG Stock Overview

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

FMG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

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

First Mining Gold Corp. Competitors

Pearl Gold

DB:02P

€10.8m

Greenland Resources

DB:M0LY

€65.8m

Eisen- und Hüttenwerke

DB:EIS

€202.4m

Nabaltec

XTRA:NTG

€126.7m

Price History & Performance

Summary of all time highs, changes and price drops for First Mining Gold
Historical stock prices
Current Share Price	CA$0.085
52 Week High	CA$0.13
52 Week Low	CA$0.06
Beta	0.98
11 Month Change	-12.91%
3 Month Change	n/a
1 Year Change	7.05%
33 Year Change	-57.61%
5 Year Change	-37.32%
Change since IPO	-73.27%

Recent updates

Shareholder Returns

	FMG	DE Metals and Mining	DE Market
7D	-5.6%	-3.5%	1.1%
1Y	7.1%	-26.9%	7.2%

Return vs Industry: FMG exceeded the German Metals and Mining industry which returned -26.9% over the past year.

Return vs Market: FMG matched the German Market which returned 7.2% over the past year.

Price Volatility

Is FMG's price volatile compared to industry and market?
FMG volatility
FMG Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine FMG's volatility change over the past year.

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?
FMG fundamental statistics
Market cap	€94.74m
Earnings (TTM)	-€28.68m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.3x

P/E Ratio

Is FMG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FMG income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$42.49m
Earnings	-CA$42.49m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.039
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did FMG perform over the long term?

See historical performance and comparison

FMG Stock Overview

Risk Analysis

First Mining Gold Corp. Competitors

DB:02P

€10.8m

DB:M0LY

€65.8m

DB:EIS

€202.4m

XTRA:NTG

€126.7m

Price History & Performance

Recent News & Updates

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

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

Recent updates

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

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 - Revenue and earnings growth

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

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 - Financial position

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

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

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

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

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 €58k worth of stock

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

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.

First Mining Gold Corp. Provides Update on Springpole Technical Programs

Key Executive recently bought €52k worth of stock

Key Executive recently bought €55k 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

New 90-day low: €0.23

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

Key Executive recently bought €62k worth of stock

Key Executive recently bought €65k worth of stock

Key Executive recently bought €262k 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).

First Mining Gold Corp. (TSX:FF) agreed to acquire East Cedartree Project from Metalore Resources Limited (TSXV:MET).