First Mining Gold (OTCPK:FFMG.F) - Stock Price, News & Analysis

FFMG.F Stock Overview

First Mining Gold Corp. develops and explores for gold projects.

FFMG.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 94.5% below our estimate of its fair value

Earnings have grown 3% per year over the past 5 years

Risk Analysis

Has less than 1 year of cash runway

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

Earnings are forecast to decline by an average of 4.8% per year for the next 3 years

Does not have a meaningful market cap ($129M)

+ 3 more risks

First Mining Gold Corp. Competitors

Fortitude Gold

OTCPK:FTCO

US$120.3m

Nevada Canyon Gold

OTCPK:NGLD

US$70.6m

Hycroft Mining Holding

NasdaqCM:HYMC

US$81.6m

Vista Gold

NYSEAM:VGZ

US$61.8m

Price History & Performance

Summary of all time highs, changes and price drops for First Mining Gold
Historical stock prices
Current Share Price	CA$0.10
52 Week High	CA$0.14
52 Week Low	CA$0.073
Beta	1.02
1 Month Change	15.99%
3 Month Change	17.06%
1 Year Change	-20.77%
3 Year Change	-62.88%
5 Year Change	-49.14%
Change since IPO	-61.34%

Recent updates

Shareholder Returns

	FFMG.F	US Metals and Mining	US Market
7D	-5.0%	-3.5%	1.2%
1Y	-20.8%	17.8%	24.7%

Return vs Industry: FFMG.F underperformed the US Metals and Mining industry which returned 17.8% over the past year.

Return vs Market: FFMG.F underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is FFMG.F's price volatile compared to industry and market?
FFMG.F volatility
FFMG.F Average Weekly Movement	12.0%
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: FFMG.F's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2015	33	Dan Wilton	www.firstmininggold.com

First Mining Gold Corp. develops and explores for gold projects. It also explores for silver and copper deposits. The company primarily holds interests in the Springpole Gold Project located in northwestern Ontario.

First Mining Gold Corp. Fundamentals Summary

How do First Mining Gold's earnings and revenue compare to its market cap?
FFMG.F fundamental statistics
Market cap	US$94.12m
Earnings (TTM)	-US$5.15m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-18.3x

P/E Ratio

Is FFMG.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FFMG.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$7.04m
Earnings	-CA$7.04m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0077
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did FFMG.F perform over the long term?

See historical performance and comparison

FFMG.F Stock Overview

Rewards

Risk Analysis

First Mining Gold Corp. Competitors

OTCPK:FTCO

US$120.3m

OTCPK:NGLD

US$70.6m

NasdaqCM:HYMC

US$81.6m

NYSEAM:VGZ

US$61.8m

Price History & Performance

Recent News & Updates

First Mining Gold Corp., Annual General Meeting, Jun 20, 2024

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

Recent updates

First Mining Gold Corp., Annual General Meeting, Jun 20, 2024

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

First Mining Gold Corp. announced that it expects to receive CAD 5 million in funding

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

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

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

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

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).

First Mining Gold Corp. Announces Management Changes

First Mining Gold Corp. Announces Drilling Results from Its Pickle Crow Gold Project

First Mining Gold Corp. has completed a Composite Units Offering in the amount of CAD 25 million.

Treasury Metals Inc. (TSX:TML) completed the acquisition of Tamaka Gold Corporation from First Mining Gold Corp. (TSX:FF).