Subscribe Now   -   Standard: only $299 per year   or   Premium: only $399 per year  -   Click Here

First Mining Gold

www: firstmininggold.com   email: info@firstmininggold.com
Category: Junior: Late Stage Developer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data
Calculated with the site's default values.  Re-calculate using:

Symbol Data

Symbol Currency
TSE:FF CAD
OTCMKTS:FFMGF USD

Description

First Mining Gold are a gold focused junior, late stage developer with three mines in development in Canada and one exploration property. They have approximately 11Moz. of gold in the reserves and resources category of which 8Moz. are in the measured and indicated category. They have a market capitalisation of ~C$636.99M which is a rise of roughly 76% over the last one months. As of 11/09/2025 they have no debt and ~C$25.42M cash. They have 1,281M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 11/09/2025
Last
Analysis
Data
Current Data
Item Value Value Updated
MCap (FD): $362.80M $636.99M 11/09/2025
MCap (OS): $286.17M $502.45M 11/09/2025
Total Assets: $170.92M $175.05M 11/09/2025
Total Liabilities: $19.15M $19.61M 11/09/2025
Current Assets: $24.82M $25.42M 11/09/2025
Current Liabilities: $6.38M $6.54M 11/09/2025
Total Debt: $0.00M $0.00M 11/09/2025
Cash: $24.82M $25.42M 11/09/2025
Debt (Net): $-24.82M $-25.42M
Enterprise Value: $337.98M $611.57M 05/19/1989
Cash Flow: $0.00M $0.00M never
Cash Flow Multiple: 0.00 0.00 never
Net Debt to
Cash Flow Ratio:		 n/a n/a never
Finance within 1 year: Yes Yes 11/09/2025
Misc 11/09/2025
Last
Analysis
Data
Current Data
Item Value Value Updated
Shares Outstanding: 1,281,000,000 1,281,000,000 11/09/2025
Shares (FD): 1,624,000,000 1,624,000,000 11/09/2025
Insider Ownership: n/a n/a 11/09/2025
Dividend (Annual): n/a n/a 11/18/2025
Company Type: Mostly Gold Mostly Gold never
Group: Developer Developer never
Production ETA: n/a 01/01/2028 11/09/2025
Production (Gold Eq Oz.): (guess) 
0		 (guess) 
0		 11/09/2025
Production (Silver Eq Oz.): (guess) 
0		 (guess) 
0		 11/09/2025
Development Phase: Permitting Underway Permitting Underway 11/09/2025
Optionality Play: none No
F
U
T
U
R
E		 % of Spot: 8
Developer: Location Risk for Production
 8
Developer: Location Risk for Production
 11/09/2025
Cash Flow Multiple: 4 3 11/18/2025

Resource Data

GOLD 11/09/2025
Last Analysis Data
Current Data
Item Value Value Updated
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 4.00M 4.00M 11/09/2025
Measured & Indicated: 8.00M 8.00M 11/09/2025
Inferred: 3.00M 3.00M 11/09/2025
Reserves & Resources: 11.00M 11.00M never
P
L
A
U
S
I
B
L
E		 Proven & Probable: 3.40M 3.40M 11/09/2025
Measured & Indicated: 6.12M 6.12M 11/09/2025
Inferred: 1.28M 1.28M 11/09/2025
Reserves & Resources: 7.40M 7.40M never
C
U
R
R
E
N
T		 Annual Production: n/a n/a
Cash Cost: n/a n/a 11/09/2025
Extra Operating Cost: n/a n/a 11/09/2025
Total: $2,100 $2,100 11/09/2025
Margin (Free Cash Flow): n/a
MCap / Production (AuEq): n/a n/a
EV / Production (AuEq): n/a n/a
G
R
A
D
E		 Underground (Avg): n/a n/a 11/09/2025
Open Pit (Avg): n/a 1.30 g/t 11/09/2025
Recovery Rate: (CG)  85.00% (CG)  85.00% 11/18/2025
F
U
T
U
R
E		 Proven & Probable: 8.00M 8.00M 11/09/2025
Annual Production: 500,000oz. 500,000oz. 11/18/2025
Cash Cost: $1,300 $1,300 11/18/2025
Extra Operating Cost: $800 $800 11/09/2025
SILVER 11/09/2025
Last Analysis Data
Current Data
Item Value Value Updated
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 11/09/2025
Measured & Indicated: n/a n/a 11/09/2025
Inferred: n/a n/a 11/09/2025
Reserves & Resources: n/a n/a never
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 11/09/2025
Measured & Indicated: n/a n/a 11/09/2025
Inferred: n/a n/a 11/09/2025
Reserves & Resources: n/a n/a never
C
U
R
R
E
N
T		 Annual Production: n/a n/a
Cash Cost: n/a n/a 11/09/2025
Extra Operating Cost: n/a n/a 11/09/2025
Total: n/a n/a 11/09/2025
Margin (Free Cash Flow): n/a
MCap / Production (AgEq): n/a n/a
EV / Production (AgEq): n/a n/a
G
R
A
D
E		 Underground (Avg): n/a n/a 11/09/2025
Open Pit (Avg): n/a n/a 11/09/2025
Recovery Rate: n/a n/a 11/09/2025
F
U
T
U
R
E		 Proven & Probable: n/a n/a 11/09/2025
Annual Production: n/a n/a 11/09/2025
Cash Cost: n/a n/a 11/09/2025
Extra Operating Cost: n/a n/a 11/09/2025

Property

Last Analysis Data  (11/09/2025)
Stage Name Owned
%		 NPV
$M		 IRR
%		 CapEx
$M		 Au Ag Cu Notes
Dev Duquesne, Duparquet, Pit
100 700.00 show
PEA in 2023

233K oz year at $975 AISC
$500M Capex
Dev Pickle Crow
30 show
High grade project in ideal location with low capex. They need a feasibility study and financing.

JV with Auteco

Size: 4,000 ha
Dev Springpole
100 720.00 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.

Size: 30,000 ha
Exp Cameron
100 show
1.2 million oz.
Current Data
Stage Name Owned
%		 NPV
$M		 IRR
%		 CapEx
$M		 Au Ag Cu Notes
Dev Duquesne, Duparquet, Pit
100 700.00 show
PEA in 2023

233K oz year at $975 AISC
$500M Capex
Dev Pickle Crow
30 show
High grade project in ideal location with low capex. They need a feasibility study and financing.

JV with Auteco

Size: 4,000 ha
Dev Springpole
100 720.00 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.

Size: 30,000 ha
Exp Cameron
100 show
1.2 million oz.

Profitability (by resource)

Proven &
Probable		 11/09/2025
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 4.00M 4.00M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 3.40M 3.40M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $6,458.20M $7,434.92M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $6,458.20M $7,434.92M n/a
Max Profit / Current MCap: 17.801 11.672 n/a
Max Profit Per Share (Gold): $3.98 $4.58 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $3.98 $4.58 n/a
Total Free Profit Per Share: $3.66 $4.04 n/a
FD MCap / Gold Eq.: $106.71 $187.35 n/a
FD MCap / Silver Eq.: $1.28 $2.69 n/a
FD MCap / Per Metal
as % Spot Price:		 2.67% 4.37% n/a
EV / Gold Eq.: $99.40 $179.87 n/a
EV / Silver Eq.: $1.19 $2.58 n/a
EV / Per Metal
as % Spot Price:		 2.49% 4.20% n/a
Measured &
Indicated		 11/09/2025
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 8.00M 8.00M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 6.12M 6.12M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $11,624.76M $13,382.85M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $11,624.76M $13,382.85M n/a
Max Profit / Current MCap: 32.042 21.010 n/a
Max Profit Per Share (Gold): $7.16 $8.24 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $7.16 $8.24 n/a
Total Free Profit Per Share: $6.84 $7.70 n/a
FD MCap / Gold Eq.: $59.28 $104.08 n/a
FD MCap / Silver Eq.: $0.71 $1.49 n/a
FD MCap / Per Metal
as % Spot Price:		 1.48% 2.43% n/a
EV / Gold Eq.: $55.22 $99.93 n/a
EV / Silver Eq.: $0.66 $1.44 n/a
EV / Per Metal
as % Spot Price:		 1.38% 2.33% n/a

Reserves &
Resources		 11/09/2025
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 11.00M 11.00M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 7.40M 7.40M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $14,046.58M $16,170.94M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $14,046.58M $16,170.94M n/a
Max Profit / Current MCap: 38.717 25.386 n/a
Max Profit Per Share (Gold): $8.65 $9.96 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $8.65 $9.96 n/a
Total Free Profit Per Share: $8.33 $9.42 n/a
FD MCap / Gold Eq.: $49.06 $86.14 n/a
FD MCap / Silver Eq.: $0.59 $1.24 n/a
FD MCap / Per Metal
as % Spot Price:		 1.23% 2.01% n/a
EV / Gold Eq.: $45.70 $82.70 n/a
EV / Silver Eq.: $0.55 $1.19 n/a
EV / Per Metal
as % Spot Price:		 1.14% 1.93% n/a

Future Valuation (Cash Flow & Totals)

Login to view

Defaults