First Mining Financials

FF Stock  CAD 0.13  0.01  7.14%   
We urge to utilize First Mining Gold fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if First Mining Gold is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for twenty-seven available fundamental indicators for First Mining Gold, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of First Mining to be traded at C$0.1235 in 90 days. Key indicators impacting First Mining's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01510.0111
Significantly Up
Slightly volatile
Current Ratio1.131.1933
Notably Down
Slightly volatile
  
Understanding current and past First Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in First Mining's assets may result in an increase in income on the income statement.

First Mining Stock Summary

First Mining competes with Arizona Sonoran, Filo Mining, Marimaca Copper, IShares Canadian, and Altagas Cum. First Mining Gold Corp. develops and explores for gold projects. First Mining Gold Corp. was incorporated in 2005 and is headquartered in Vancouver, Canada. FIRST MINING operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 22 people.
Foreign Associate
  USA
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA3208901064
Business Address1188 West Georgia
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.firstmininggold.com
Phone844 306 8827
CurrencyCAD - Canadian Dollar
You should never invest in First Mining without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Stock, because this is throwing your money away. Analyzing the key information contained in First Mining's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

First Mining Key Financial Ratios

First Mining's financial ratios allow both analysts and investors to convert raw data from First Mining's financial statements into concise, actionable information that can be used to evaluate the performance of First Mining over time and compare it to other companies across industries.

First Mining Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets268.0M301.2M260.3M266.9M286.1M300.4M
Net Debt(5.3M)(28.3M)(29.1M)(13.2M)(12.0M)(11.4M)
Retained Earnings(50.0M)(116.9M)(142.3M)(158.5M)(165.6M)(157.3M)
Accounts Payable768K837K2.4M750K1.8M1.9M
Cash5.9M28.9M29.5M13.6M12.2M8.5M
Net Receivables303K2.3M604K499K500K382.2K
Other Current Assets349K354K405K619K375K317.8K
Total Liab5.7M57.7M36.4M39.3M47.7M50.1M
Total Current Assets8.3M50.0M43.9M14.9M13.3M11.8M
Other Current Liab1.7M39.9M7.4M8.4M9.2M4.7M
Other Assets206K0.0650K270K310.5K168.5K
Common Stock282.7M317.2M318.5M341.0M354.9M232.2M
Net Tangible Assets262.3M243.6M223.9M227.7M261.8M204.4M
Short Term Debt94K112K127K143K158K150.1K
Long Term Debt Total554K442K315K172K154.8K147.1K
Cash And Equivalents5.9M28.9M29.5M13.6M12.2M15.0M
Net Invested Capital262.3M243.6M223.9M227.7M238.4M196.3M
Net Working Capital5.8M9.2M34.0M5.6M2.2M2.1M
Capital Stock282.7M317.2M318.5M341.0M354.9M346.4M

First Mining Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense556K58.4M422K17.3M19.9M20.9M
Operating Income(5.9M)24.0M15.1M711K(9.6M)(9.1M)
Ebit(6.4M)(35.8M)(9.9M)(7.2M)(7.1M)(7.4M)
Ebitda(6.3M)(35.5M)(9.6M)(6.8M)(6.6M)(6.9M)
Net Income(7.0M)(34.3M)(61.9M)(15.3M)(7.0M)(7.4M)
Income Tax Expense516K(1.6M)29.4M(309K)(1.6M)(1.5M)
Income Before Tax(6.4M)(35.8M)(32.5M)(15.6M)(7.1M)(7.4M)
Gross Profit(171K)(146K)(168K)(235K)(479K)(455.1K)
Cost Of Revenue171K146K168K235K479K503.0K
Interest Income208K184K422K4.2M941K829.7K
Net Interest Income212K184K422K264K941K988.1K

First Mining Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash787K23.0M615K(16.0M)(1.3M)(1.3M)
Free Cash Flow(10.4M)(22.1M)(22.9M)(41.0M)(23.6M)(22.4M)
Other Non Cash Items347K28.6M(85K)10.7M1.4M1.4M
Capital Expenditures6.2M17.9M16.5M35.9M18.5M19.5M
Net Income(7.0M)(32.8M)(38.4M)(16.3M)(7.0M)(7.4M)
End Period Cash Flow5.9M28.9M29.5M13.6M12.2M8.5M
Depreciation171K305K320K411K479K503.0K
Investments(4.3M)4.9M16.4M(15.8M)(11.3M)(10.7M)
Change To Netincome2.1M18.7M30.6M12.0M13.8M9.1M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Mining's current stock value. Our valuation model uses many indicators to compare First Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Mining competition to find correlations between indicators driving First Mining's intrinsic value. More Info.
First Mining Gold is rated # 5 in return on equity category among its peers. It also is rated # 5 in return on asset category among its peers . At this time, First Mining's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

First Mining Gold Systematic Risk

First Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on First Mining Gold correlated with the market. If Beta is less than 0 First Mining generally moves in the opposite direction as compared to the market. If First Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Mining Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Mining is generally in the same direction as the market. If Beta > 1 First Mining moves generally in the same direction as, but more than the movement of the benchmark.

First Mining Gold Total Assets Over Time

Today, most investors in First Mining Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Mining's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Mining growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.26

At this time, First Mining's Price Earnings To Growth Ratio is very stable compared to the past year.

First Mining November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Mining Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Mining Gold based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Mining's daily price indicators and compare them against related drivers.

Other Information on Investing in First Stock

First Mining financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Mining security.