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Symbol Data
Symbol
Currency
OTCMKTS:FFMGF
USD
TSE:FF
CAD
Description
First Mining Gold are a gold focused junior, late stage development company with three mines in development in Canada and exploration properties. They have approximately 12Moz. of gold in the reserves and resources category of which 9Moz. are in the measured and indicated category. They have a market capitalisation of ~C$141.38M which is a rise of roughly 1% over the last three months. As of 11/09/2022 they have no debt and ~C$4.88M cash. They have 801M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
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General Details
Financial
11/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Mkt. Cap (FD):
$139.83M
$141.38M
11/09/2022
$1.55M
Total Assets:
$178.90M
$180.88M
11/09/2022
$1.98M
Total Liabilities:
$20.04M
$20.26M
11/09/2022
$0.22M
Current Assets:
$11.88M
$12.01M
11/09/2022
$0.13M
Current Liabilities:
$6.68M
$6.75M
11/09/2022
$0.07M
Total Debt:
$0.00M
$0.00M
11/09/2022
$0.00M
Cash:
$4.83M
$4.88M
11/09/2022
$0.05M
Enterprise Value:
$135.01M
$136.50M
04/29/1974
$1.49M
Cash Flow:
$0.00M
$0.00M
never
$0.00M
Cash Flow Multiple:
0.00
0.00
never
0.00
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
Yes
Yes
11/09/2022
n/a
Tax Rate:
(guess) 30.00%
(default) 30.00%
11/09/2022
0.00%
Misc
11/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
801,000,000
801,000,000
11/09/2022
0
Shares (FD):
897,000,000
897,000,000
11/09/2022
0
Insider Ownership:
n/a
n/a
never
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
01/01/2028
11/09/2022
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
11/09/2022
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
11/09/2022
0
Initial CapEx (Outstanding):
$720.00M514.9% of Mkt.Cap
$720.00M509.27% of Mkt.Cap
11/09/2022
$0.00M
Funding Option:
n/a
n/a
11/09/2022
n/a
Documentation:
none
PEA
11/09/2022
n/a
Value Adjustment:
-40%
-40%
never
0%
Resource Data
GOLD
11/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
4.00M
4.00M
11/09/2022
0.00M
Measured & Indicated:
9.00M
9.00M
11/09/2022
0.00M
Inferred:
3.00M
3.00M
11/09/2022
0.00M
Reserves & Resources:
12.00M
12.00M
never
0.00M
P L A U S I B L E
Proven & Probable:
3.40M
3.40M
11/09/2022
0.00M
Measured & Indicated:
6.80M
6.80M
11/09/2022
0.00M
Inferred:
1.28M
1.28M
11/09/2022
0.00M
Reserves & Resources:
8.08M
8.08M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
11/09/2022
$0.00
Extra Operating Cost:
n/a
n/a
11/09/2022
$0.00
Average Grade:
1.30 g/t
1.30 g/t
11/09/2022
n/a
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
11/09/2022
0.00%
F U T U R E
Proven & Probable:
9.00M
9.00M
11/09/2022
0.00M
Annual Production:
500,000oz.
500,000oz.
11/09/2022
0oz.
Cash Cost:
$900
$900
11/09/2022
$0
Extra Operating Cost:
$500
$500
11/09/2022
$0
SILVER
11/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
11/09/2022
0.00M
Measured & Indicated:
n/a
n/a
11/09/2022
0.00M
Inferred:
n/a
n/a
11/09/2022
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
11/09/2022
0.00M
Measured & Indicated:
n/a
n/a
11/09/2022
0.00M
Inferred:
n/a
n/a
11/09/2022
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
11/09/2022
$0.00
Extra Operating Cost:
n/a
n/a
11/09/2022
$0.00
Average Grade:
n/a
n/a
11/09/2022
n/a
Recovery Rate:
n/a
n/a
11/09/2022
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
11/09/2022
0.00M
Annual Production:
n/a
n/a
11/09/2022
n/a
Cash Cost:
n/a
n/a
11/09/2022
n/a
Extra Operating Cost:
n/a
n/a
11/09/2022
n/a
Property
Last Analysis Data (11/09/2022)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Exploration
Burkina Faso
Bougou I
100%
n/a
n/a
n/a
Exploration
Africa , Burkina Faso
Liki
100% (guess)
18,000
Open Pit
n/a
Exploration
Ouagadougou , Burkina Faso
Midebdo
100%
5,100
Open Pit
n/a
Exploration
Fada N'gourma , Burkina Faso
Nakoambouri and Gonaba-Est
0%
n/a
n/a
n/a
Exploration
Ouagadougou , Burkina Faso
Ouaraba
100%
n/a
n/a
n/a
Exploration
Africa , Burkina Faso
Ouavousse
100%
16,600
Open Pit
n/a
Exploration
Ouagadougou , Burkina Faso
Rima
100%
25,000
Open Pit
n/a
Exploration
Ronguen , Burkina Faso
Salbo
100%
14,600
Open Pit
n/a
Development
Newfoundland , Canada
Hope Brook
20% (guess)
25,000
Both
show
PEA coming out in 2014.
1.3 million oz deposit at 2 gpt. Mostly open pit.
Incredibly cheap. About $2 per oz.
JV with Big Ridge
Development
Ontario , Canada
Pickle Crow
20%
4,000
Both
show
High grade project in ideal location with low capex. They need a feasibility study and financing.
JV with Auteco
Development
Ontario , Canada
Springpole
100%
30,000
Open Pit
show
5 million oz gold deposit (1 gpt)
25 million oz silver deposit (4 gpt)
PEA in 2013 for 215,000 oz gold, plus 1.2 million oz silver.
Capex $438 million.
Gold Equivalent cash-costs at $650.
IRR of 25% pretax at $1300 gold.
Exploration
Ontario , Canada
Cameron
100% (guess)
n/a
n/a
show
1.2 million oz.
Exploration
Winnipeg , Canada
Cat Lake
100%
n/a
n/a
n/a
Exploration
Quebec , Canada
Duquesne, Duparquet, Pit
100%
n/a
n/a
show
Early exploration.
400,000 oz at 4 gpt.
Exploration
Favourable Lake, On , Canada
Favourable Lake
40%
n/a
n/a
n/a
Exploration
Ontario , Canada
Goldlund
100% (guess)
n/a
n/a
show
2.2 million oz.
Exploration
Birch Lake, On , Canada
Horseshoe Island
100%
n/a
n/a
n/a
Exploration
Mexico , Mexico
Mexico
100% (guess)
n/a
n/a
show
17 projects in Mexico.
Exploration
Cordero, Nv , USA
Cordero
100%
n/a
n/a
n/a
Exploration
Missouri , USA
Kratz Spring
100%
n/a
n/a
n/a
Total Land Package Size (ha):
138,300
Current Data
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Exploration
Burkina Faso
Bougou I
100%
n/a
n/a
n/a
Exploration
Africa , Burkina Faso
Liki
100% (guess)
18,000
Open Pit
n/a
Exploration
Ouagadougou , Burkina Faso
Midebdo
100%
5,100
Open Pit
n/a
Exploration
Fada N'gourma , Burkina Faso
Nakoambouri and Gonaba-Est
0%
n/a
n/a
n/a
Exploration
Ouagadougou , Burkina Faso
Ouaraba
100%
n/a
n/a
n/a
Exploration
Africa , Burkina Faso
Ouavousse
100%
16,600
Open Pit
n/a
Exploration
Ouagadougou , Burkina Faso
Rima
100%
25,000
Open Pit
n/a
Exploration
Ronguen , Burkina Faso
Salbo
100%
14,600
Open Pit
n/a
Development
Newfoundland , Canada
Hope Brook
20% (guess)
25,000
Both
show
PEA coming out in 2014.
1.3 million oz deposit at 2 gpt. Mostly open pit.
Incredibly cheap. About $2 per oz.
JV with Big Ridge
Development
Ontario , Canada
Pickle Crow
20%
4,000
Both
show
High grade project in ideal location with low capex. They need a feasibility study and financing.
JV with Auteco
Development
Ontario , Canada
Springpole
100%
30,000
Open Pit
show
5 million oz gold deposit (1 gpt)
25 million oz silver deposit (4 gpt)
PEA in 2013 for 215,000 oz gold, plus 1.2 million oz silver.
Capex $438 million.
Gold Equivalent cash-costs at $650.
IRR of 25% pretax at $1300 gold.
Exploration
Ontario , Canada
Cameron
100% (guess)
n/a
n/a
show
1.2 million oz.
Exploration
Winnipeg , Canada
Cat Lake
100%
n/a
n/a
n/a
Exploration
Quebec , Canada
Duquesne, Duparquet, Pit
100%
n/a
n/a
show
Early exploration.
400,000 oz at 4 gpt.
Exploration
Favourable Lake, On , Canada
Favourable Lake
40%
n/a
n/a
n/a
Exploration
Ontario , Canada
Goldlund
100% (guess)
n/a
n/a
show
2.2 million oz.
Exploration
Birch Lake, On , Canada
Horseshoe Island
100%
n/a
n/a
n/a
Exploration
Mexico , Mexico
Mexico
100% (guess)
n/a
n/a
show
17 projects in Mexico.
Exploration
Cordero, Nv , USA
Cordero
100%
n/a
n/a
n/a
Exploration
Missouri , USA
Kratz Spring
100%
n/a
n/a
n/a
Total Land Package Size (ha):
138,300
Profitability (by resource)
Proven & Probable
11/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
4.00M
4.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
2.71M
P L A U S I B L E
Gold Eq. Oz.:
3.40M
3.40M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
2.31M
Maximum Profit (Gold):
$436.25M
$752.98M
n/a
$316.73M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$436.25M
$752.98M
n/a
$316.73M
Max Profit / Current MCap:
3.120
5.326
n/a
2.206
Max Profit Per Share (Gold):
$0.49
$0.84
n/a
$0.35
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.49
$0.84
n/a
$0.35
Total Free Profit Per Share:
$0.28
$0.63
n/a
$0.35
FD Mkt. Cap / Gold Eq.:
$41.13
$41.58
n/a
$0.45
FD Mkt. Cap / Silver Eq.:
$0.51
$0.51
n/a
$0.00
FD Mkt. Cap / Per Metal as % Spot Price:
2.41%
2.16%
n/a
-0.25%
Measured & Indicated
11/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
9.00M
9.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
6.11M
P L A U S I B L E
Gold Eq. Oz.:
6.80M
6.80M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
4.61M
Maximum Profit (Gold):
$872.51M
$1,505.97M
n/a
$633.46M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$872.51M
$1,505.97M
n/a
$633.46M
Max Profit / Current MCap:
6.240
10.652
n/a
4.412
Max Profit Per Share (Gold):
$0.97
$1.68
n/a
$0.71
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.97
$1.68
n/a
$0.71
Total Free Profit Per Share:
$0.76
$1.47
n/a
$0.71
FD Mkt. Cap / Gold Eq.:
$20.56
$20.79
n/a
$0.23
FD Mkt. Cap / Silver Eq.:
$0.25
$0.25
n/a
$0.00
FD Mkt. Cap / Per Metal as % Spot Price:
1.21%
1.08%
n/a
-0.13%
Reserves & Resources
11/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
12.00M
12.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
8.14M
P L A U S I B L E
Gold Eq. Oz.:
8.08M
8.08M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
5.48M
Maximum Profit (Gold):
$1,036.10M
$1,788.34M
n/a
$752.23M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$1,036.10M
$1,788.34M
n/a
$752.23M
Max Profit / Current MCap:
7.410
12.649
n/a
5.240
Max Profit Per Share (Gold):
$1.16
$1.99
n/a
$0.84
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$1.16
$1.99
n/a
$0.84
Total Free Profit Per Share:
$0.95
$1.78
n/a
$0.84
FD Mkt. Cap / Gold Eq.:
$17.32
$17.51
n/a
$0.19
FD Mkt. Cap / Silver Eq.:
$0.21
$0.21
n/a
$0.00
FD Mkt. Cap / Per Metal as % Spot Price:
1.02%
0.91%
n/a
-0.11%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
11/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7423
CAD 0.7505
01/28/2023
Spot Gold:
$1,705.50
$1,927.30
01/28/2023
$221.80
Spot Silver:
$21.05
$23.59
01/28/2023
$2.54
Gold:Silver Ratio:
81.02
81.70
01/28/2023
0.68
Spot Gold (Future):
$2,500.00
$2,500.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
25.00
25.00
0.00
Gold Cash Cost:
$750.00
$750.00
$0.00
Gold Extra Operating Cost:
$350.00
$350.00
$0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Cash Cost:
$10.00
$10.00
$0.00
Silver Extra Operating Cost:
$6.00
$6.00
$0.00
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
Tax Rate:
30.00%
30.00%
0.00%
Tax Rate (Future):
40.00%
40.00%
0.00%
Future Valuation Multiplier:
15.00%
15.00%
0.00%
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