First Mining Short Ratio vs. Cash Per Share

FF Stock  CAD 0.13  0.01  7.14%   
Considering the key profitability indicators obtained from First Mining's historical financial statements, First Mining Gold may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess First Mining's ability to earn profits and add value for shareholders. At this time, First Mining's Average Receivables is very stable compared to the past year. As of the 1st of December 2024, Interest Debt Per Share is likely to grow to 0.02, while PTB Ratio is likely to drop 0.44.
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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Please note, there is a significant difference between First Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

First Mining Gold Cash Per Share vs. Short Ratio 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 one of the top stocks in short ratio category among its peers. It is rated # 3 in cash per share category among its peers fabricating about  0.01  of Cash Per Share per Short Ratio. The ratio of Short Ratio to Cash Per Share for First Mining Gold is roughly  71.00 . At this time, First Mining's Cash Per Share 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 Cash Per Share vs. Short Ratio

Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

First Mining

Short Ratio

 = 

Short Interest

Average Trading Volume

 = 
1.42 X
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

First Mining

Cash Per Share

 = 

Total Cash

Average Shares

 = 
0.02 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

First Cash Per Share Comparison

First Mining is currently under evaluation in cash per share 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income49.1 M51.5 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 Net2.5 M2.6 M
Net Loss-7 M-7.4 M
Net Loss-14.7 M-15.4 M
Interest Income941 K829.7 K
Net Interest Income941 K988 K
Change To Netincome13.8 M9.1 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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Our tools can tell you how much better you can do entering a position in First Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.

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Air Theme
Companies specializing in air services and air delivery. The Air theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Air Theme or any other thematic opportunities.
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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.
Potential First Mining investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Mining investors may work on each financial statement separately, they are all related. The changes in First Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.