First Mining Gold Stock Net Income
| FF Stock | CAD 0.65 0.03 4.41% |
As of the 3rd of February, First Mining shows the Downside Deviation of 4.3, mean deviation of 4.11, and Coefficient Of Variation of 405.05. First Mining Gold technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
First Mining's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing First Mining's valuation are provided below:We have found one hundred twenty available fundamental signals for First Mining Gold, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify First Mining's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 3rd of February 2026, Market Cap is likely to grow to about 110.2 M, while Enterprise Value is likely to drop about 94.7 M. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. | Last Reported | Projected for Next Year | ||
| Net Loss | -13.8 M | -13.1 M | |
| Net Loss | -13.8 M | -14.5 M | |
| Net Loss | -13.8 M | -14.5 M | |
| Net Loss | (0.02) | (0.02) | |
| Net Income Per E B T | 0.98 | 1.24 |
First | Net Income |
Evaluating First Mining's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into First Mining Gold's fundamental strength.
Latest First Mining's Net Income Growth Pattern
Below is the plot of the Net Income of First Mining Gold over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Mining Gold financial statement analysis. It represents the amount of money remaining after all of First Mining Gold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Mining's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Mining's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (15.31 M) | 10 Years Trend |
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Net Income |
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First Net Income Regression Statistics
| Arithmetic Mean | (12,273,157) | |
| Coefficient Of Variation | (125.87) | |
| Mean Deviation | 9,571,222 | |
| Median | (11,154,923) | |
| Standard Deviation | 15,448,441 | |
| Sample Variance | 238.7T | |
| Range | 61.8M | |
| R-Value | (0.49) | |
| Mean Square Error | 193.9T | |
| R-Squared | 0.24 | |
| Significance | 0.05 | |
| Slope | (1,493,905) | |
| Total Sum of Squares | 3818.5T |
First Net Income History
First Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for First Mining is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Income. Since First Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Mining's interrelated accounts and indicators.
Click cells to compare fundamentals
First Mining 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Mining's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Mining.
| 11/05/2025 |
| 02/03/2026 |
If you would invest 0.00 in First Mining on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding First Mining Gold or generate 0.0% return on investment in First Mining over 90 days. First Mining is related to or competes with GoldMining, Jaguar Mining, Flinders Resources, Sitka Gold, Thesis Gold, Heliostar Metals, and Benz Mining. First Mining Gold Corp. develops and explores for gold projects More
First Mining Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Mining's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Mining Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.3 | |||
| Information Ratio | 0.2359 | |||
| Maximum Drawdown | 27.19 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 9.52 |
First Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Mining's standard deviation. In reality, there are many statistical measures that can use First Mining historical prices to predict the future First Mining's volatility.| Risk Adjusted Performance | 0.1895 | |||
| Jensen Alpha | 1.2 | |||
| Total Risk Alpha | 0.9252 | |||
| Sortino Ratio | 0.2783 | |||
| Treynor Ratio | 1.45 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Mining's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Mining February 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1895 | |||
| Market Risk Adjusted Performance | 1.46 | |||
| Mean Deviation | 4.11 | |||
| Semi Deviation | 3.48 | |||
| Downside Deviation | 4.3 | |||
| Coefficient Of Variation | 405.05 | |||
| Standard Deviation | 5.07 | |||
| Variance | 25.7 | |||
| Information Ratio | 0.2359 | |||
| Jensen Alpha | 1.2 | |||
| Total Risk Alpha | 0.9252 | |||
| Sortino Ratio | 0.2783 | |||
| Treynor Ratio | 1.45 | |||
| Maximum Drawdown | 27.19 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 9.52 | |||
| Downside Variance | 18.47 | |||
| Semi Variance | 12.14 | |||
| Expected Short fall | (5.49) | |||
| Skewness | 0.471 | |||
| Kurtosis | 0.3107 |
First Mining Gold Backtested Returns
First Mining is abnormally volatile given 3 months investment horizon. First Mining Gold secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the company had a 0.25 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.29% are justified by taking the suggested risk. Use First Mining Downside Deviation of 4.3, mean deviation of 4.11, and Coefficient Of Variation of 405.05 to evaluate company specific risk that cannot be diversified away. First Mining holds a performance score of 20 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.86, which means possible diversification benefits within a given portfolio. First Mining returns are very sensitive to returns on the market. As the market goes up or down, First Mining is expected to follow. Use First Mining value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on First Mining.
Auto-correlation | 0.82 |
Very good predictability
First Mining Gold has very good predictability. Overlapping area represents the amount of predictability between First Mining time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Mining Gold price movement. The serial correlation of 0.82 indicates that around 82.0% of current First Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
First Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, First Mining Gold reported net income of (15.31 Million). This is 27.25% higher than that of the Metals & Mining sector and 88.95% lower than that of the Materials industry. The net income for all Canada stocks is 102.68% higher than that of the company.
First Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Mining's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Mining could also be used in its relative valuation, which is a method of valuing First Mining by comparing valuation metrics of similar companies.First Mining is currently under evaluation in net income category among its peers.
First Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Mining from analyzing First Mining's financial statements. These drivers represent accounts that assess First Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Mining's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 258.0M | 209.6M | 147.6M | 116.6M | 104.9M | 110.2M | |
| Enterprise Value | 229.6M | 180.5M | 134.4M | 105.5M | 94.9M | 94.7M |
First Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.0601 | ||||
| Current Valuation | 994.69 M | ||||
| Shares Outstanding | 1.36 B | ||||
| Shares Owned By Insiders | 4.54 % | ||||
| Shares Owned By Institutions | 7.45 % | ||||
| Number Of Shares Shorted | 6.81 M | ||||
| Price To Book | 4.37 X | ||||
| EBITDA | (17.48 M) | ||||
| Net Income | (15.31 M) | ||||
| Cash And Equivalents | 2.45 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 221 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.02 X | ||||
| Book Value Per Share | 0.18 X | ||||
| Cash Flow From Operations | (3.95 M) | ||||
| Short Ratio | 1.56 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 1.08 | ||||
| Beta | 1.19 | ||||
| Market Capitalization | 882.75 M | ||||
| Total Asset | 294.85 M | ||||
| Retained Earnings | (180.9 M) | ||||
| Working Capital | 744 K | ||||
| Net Asset | 294.85 M |
About First Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Mining Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Mining Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with First Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.95 | AG | First Majestic Silver | PairCorr |
| 0.91 | IE | Ivanhoe Energy | PairCorr |
| 0.94 | ORE | Orezone Gold Corp | PairCorr |
| 0.71 | FDR | Flinders Resources | PairCorr |
| 0.89 | FDY | Faraday Copper Corp | PairCorr |
Moving against First Stock
| 0.71 | MSFT | Microsoft CDR | PairCorr |
| 0.71 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.54 | AAPL | Apple CDR | PairCorr |
| 0.54 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to First Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Mining Gold to buy it.
The correlation of First Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Mining Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.