First Mining Shares Owned By Institutions vs. Price To Book
| FF Stock | CAD 0.13 0.01 7.14% |
For First Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Mining Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Mining Gold over time as well as its relative position and ranking within its peers.
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First Mining Gold Price To Book vs. Shares Owned By Institutions Fundamental Analysis
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. First Mining Gold is rated # 2 in shares owned by institutions category among its peers. It also is rated # 2 in price to book category among its peers fabricating about 0.09 of Price To Book per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Price To Book for First Mining Gold is roughly 11.30 . As of the 1st of December 2024, Price To Book Ratio is likely to drop to 0.44. 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 Price To Book vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
First Mining |
| = | 7.27 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
First Mining |
| = | 0.64 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
First Price To Book Comparison
First Mining is currently under evaluation in price to book category among its peers.
First Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Mining will eventually generate negative long term returns. The profitability progress is the general direction of First Mining's change in net profit over the period of time. It can combine multiple indicators of First Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 49.1 M | 51.5 M | |
| Operating Income | -9.6 M | -9.1 M | |
| Net Loss | -7 M | -7.4 M | |
| Income Tax Expense | -1.6 M | -1.5 M | |
| Income Before Tax | -7.1 M | -7.4 M | |
| Total Other Income Expense Net | 2.5 M | 2.6 M | |
| Net Loss | -7 M | -7.4 M | |
| Net Loss | -14.7 M | -15.4 M | |
| Interest Income | 941 K | 829.7 K | |
| Net Interest Income | 941 K | 988 K | |
| Change To Netincome | 13.8 M | 9.1 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.72 | 0.74 | |
| Net Income Per E B T | 0.99 | 1.30 |
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Mining's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your First Mining position
In addition to having First Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 constituents at this time.
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Other Information on Investing in First Stock
To fully project First Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Mining Gold at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Mining's income statement, its balance sheet, and the statement of cash flows.