First Mining Gold (FFMG.F) Stock Overview

Acquires, develops, and explores mineral properties in Canada. More details

FFMG.F fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings have grown 16.6% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of 12.2% per year for the next 3 years

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

+ 1 more risk

FFMG.F Community Fair Values

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First Mining Gold Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Mining Gold
Historical stock prices
Current Share Price	CA$0.37
52 Week High	CA$0.37
52 Week Low	CA$0.08
Beta	1.16
1 Month Change	61.23%
3 Month Change	110.22%
1 Year Change	306.67%
3 Year Change	142.22%
5 Year Change	14.37%
Change since IPO	37.39%

Recent updates

Shareholder Returns

	FFMG.F	US Metals and Mining	US Market
7D	20.8%	0.7%	0.5%
1Y	306.7%	54.2%	12.1%

Return vs Industry: FFMG.F exceeded the US Metals and Mining industry which returned 54.2% over the past year.

Return vs Market: FFMG.F exceeded the US Market which returned 12.1% 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	13.0%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	6.6%
10% most volatile stocks in US Market	17.3%
10% least volatile stocks in US Market	2.9%

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

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

About the Company

Founded	Employees	CEO	Website
2015	n/a	Dan Wilton	www.firstmininggold.com

First Mining Gold Corp. acquires, develops, and explores 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?
FFMG.F fundamental statistics
Market cap	US$467.42m
Earnings (TTM)	-US$19.68m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-23.7x

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$27.22m
Earnings	-CA$27.21m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.021
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

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/07 20:06
End of Day Share Price	2025/12/05 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Mining Gold Corp. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Cantor Fitzgerald Canada Corporation
Marcus Giannini	Haywood Securities Inc.
Heiko Ihle	H.C. Wainwright & Co.

First Mining Gold (FFMG.F) Stock Overview

Rewards

Risk Analysis

First Mining Gold Corp. Competitors

Caledonia Mining

Dakota Gold

Gold Royalty

Vista Gold

Price History & Performance

Recent News & Updates

First Mining Gold Corp. Announces Updated Pre-Feasibility Study for the Springpole Gold Project, Ontario, Canada

First Mining Gold Corp. announced that it has received CAD 24.437 million in funding

Big Ridge Gold Corp. (TSXV:BRAU) completed the acquisition of the remaining 20% stake in Hope Brook Gold Project from First Mining Gold Corp. (TSX:FF).

First Mining Gold Corp. has completed a Composite Units Offering in the amount of CAD 12.0006 million.

First Mining Discovers Significant New Gold Zone for Immediate Expansion At the Duparquet Gold Project

Big Ridge Gold Corp. (TSXV:BRAU) entered into an agreement to acquire the remaining 20% stake in Hope Brook Gold Project from First Mining Gold Corp. (TSX:FF) for CAD 3.9 million.

Recent updates

First Mining Gold Corp. Announces Updated Pre-Feasibility Study for the Springpole Gold Project, Ontario, Canada

First Mining Gold Corp. announced that it has received CAD 24.437 million in funding

Big Ridge Gold Corp. (TSXV:BRAU) completed the acquisition of the remaining 20% stake in Hope Brook Gold Project from First Mining Gold Corp. (TSX:FF).

First Mining Gold Corp. has completed a Composite Units Offering in the amount of CAD 12.0006 million.

First Mining Discovers Significant New Gold Zone for Immediate Expansion At the Duparquet Gold Project

Big Ridge Gold Corp. (TSXV:BRAU) entered into an agreement to acquire the remaining 20% stake in Hope Brook Gold Project from First Mining Gold Corp. (TSX:FF) for CAD 3.9 million.

First Mining Strengthens Miroir Discovery at Duparquet Gold Project with New Near-Surface Drilling Results and Expands Valentre Target Zone at Depth

First Mining Gold Corp. Adds Second Drill Rig At the Duparquet Gold Project

First Mining Gold Corp., Annual General Meeting, Jun 11, 2025

First Mining Gold Corp. Provides Update on 2025 Exploration Program At the Duparquet Gold Project and Mobilizes First Drilling Rig

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

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

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

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