First Mining Gold Stock Analysis

First OTC Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.7. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Mining Gold recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. 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 the United States and is traded on OTC Exchange. It employs 28 people.The quote for First Mining Gold is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about First Mining Gold call Daniel Wilton at 604 639 8848 or check out https://www.firstmininggold.com.

First Mining Gold Investment Alerts

First Mining Thematic Classifications

First Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 118.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Mining's market, we take the total number of its shares issued and multiply it by First Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 1st of February, First Mining shows the Mean Deviation of 3.98, downside deviation of 5.24, and Coefficient Of Variation of 377.03. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for First Mining Gold, which can be compared to its peers. Please confirm First Mining Gold treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if First Mining Gold is priced favorably, providing market reflects its regular price of 0.52 per share. As First Mining Gold is a penny stock we also recommend to verify its total risk alpha numbers.

First Mining Gold Price Movement Analysis

First Mining Outstanding Bonds

First Mining Predictive Daily Indicators

First Mining Forecast Models

First Mining's time-series forecasting models are one of many First Mining's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

First Mining Gold Debt to Cash Allocation

First Mining Gold has accumulated 380 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. First Mining Gold has a current ratio of 2.6, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist First Mining until it has trouble settling it off, either with new capital or with free cash flow. So, First Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Mining Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Mining's use of debt, we should always consider it together with cash and equity.

First Mining Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the First Mining's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of First Mining, which in turn will lower the firm's financial flexibility.

First Mining Corporate Bonds Issued

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how First Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as First Mining. By using and applying First OTC Stock analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.

When running First Mining's price analysis, check to measure First Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Mining is operating at the current time. Most of First Mining's value examination focuses on studying past and present price action to predict the probability of First Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Mining's price. Additionally, you may evaluate how the addition of First Mining to your portfolios can decrease your overall portfolio volatility.