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Your Data
Symbol Data
Symbol
Currency
TSE:FF
CAD
OTCMKTS:FFMGF
USD
Description
First Mining Gold are a gold focused junior, late stage developer with three mines in development in Canada and one exploration property. They have approximately 11Moz. of gold in the reserves and resources category of which 8Moz. are in the measured and indicated category. They have a market capitalisation of ~C$362.71M which is a fall of roughly 0% over the last two weeks. As of 11/09/2025 they have no debt and ~C$24.82M cash. They have 1,281M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
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General Details
Financial
11/09/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$362.80M
$362.71M
11/09/2025
$-0.09M
MCap (OS):
$286.17M
$286.10M
11/09/2025
$-0.07M
Total Assets:
$170.92M
$170.87M
11/09/2025
$-0.04M
Total Liabilities:
$19.15M
$19.14M
11/09/2025
$0.00M
Current Assets:
$24.82M
$24.82M
11/09/2025
$-0.01M
Current Liabilities:
$6.38M
$6.38M
11/09/2025
$0.00M
Total Debt:
$0.00M
$0.00M
11/09/2025
$0.00M
Cash:
$24.82M
$24.82M
11/09/2025
$-0.01M
Debt (Net):
$-24.82M
$-24.82M
$0.01M
Enterprise Value:
$337.98M
$337.89M
09/15/1980
$-0.09M
Cash Flow:
$0.00M
$0.00M
never
$0.00M
Cash Flow Multiple:
0.00
0.00
never
0.00
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
Yes
Yes
11/09/2025
n/a
Misc
11/09/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
1,281,000,000
1,281,000,000
11/09/2025
0
Shares (FD):
1,624,000,000
1,624,000,000
11/09/2025
0
Insider Ownership:
n/a
n/a
11/09/2025
n/a
Dividend (Annual):
n/a
n/a
11/18/2025
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Group:
Developer
Developer
never
n/a
Production ETA:
n/a
01/01/2028
11/09/2025
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
11/09/2025
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
11/09/2025
0
Development Phase:
Permitting Underway
Permitting Underway
11/09/2025
n/a
Optionality Play:
none
No
F U T U R E
% of Spot:
8Developer: Location Risk for Production
8Developer: Location Risk for Production
11/09/2025
0
Cash Flow Multiple:
4
3
11/18/2025
-1.00
Resource Data
GOLD
11/09/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
4.00M
4.00M
11/09/2025
0.00M
Measured & Indicated:
8.00M
8.00M
11/09/2025
0.00M
Inferred:
3.00M
3.00M
11/09/2025
0.00M
Reserves & Resources:
11.00M
11.00M
never
0.00M
P L A U S I B L E
Proven & Probable:
3.40M
3.40M
11/09/2025
0.00M
Measured & Indicated:
6.12M
6.12M
11/09/2025
0.00M
Inferred:
1.28M
1.28M
11/09/2025
0.00M
Reserves & Resources:
7.40M
7.40M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
11/09/2025
$0.00
Extra Operating Cost:
n/a
n/a
11/09/2025
$0.00
Total:
$2,100
$2,100
11/09/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AuEq):
n/a
n/a
n/a
EV / Production (AuEq):
n/a
n/a
n/a
G R A D E
Underground (Avg):
n/a
n/a
11/09/2025
n/a
Open Pit (Avg):
n/a
1.30 g/t
11/09/2025
1.30 g/t
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
11/18/2025
0.00%
F U T U R E
Proven & Probable:
8.00M
8.00M
11/09/2025
0.00M
Annual Production:
500,000oz.
500,000oz.
11/18/2025
0oz.
Cash Cost:
$1,300
$1,300
11/18/2025
$0
Extra Operating Cost:
$800
$800
11/09/2025
$0
SILVER
11/09/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
11/09/2025
0.00M
Measured & Indicated:
n/a
n/a
11/09/2025
0.00M
Inferred:
n/a
n/a
11/09/2025
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
11/09/2025
0.00M
Measured & Indicated:
n/a
n/a
11/09/2025
0.00M
Inferred:
n/a
n/a
11/09/2025
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
11/09/2025
$0.00
Extra Operating Cost:
n/a
n/a
11/09/2025
$0.00
Total:
n/a
n/a
11/09/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AgEq):
n/a
n/a
n/a
EV / Production (AgEq):
n/a
n/a
n/a
G R A D E
Underground (Avg):
n/a
n/a
11/09/2025
n/a
Open Pit (Avg):
n/a
n/a
11/09/2025
n/a
Recovery Rate:
n/a
n/a
11/09/2025
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
11/09/2025
0.00M
Annual Production:
n/a
n/a
11/09/2025
n/a
Cash Cost:
n/a
n/a
11/09/2025
n/a
Extra Operating Cost:
n/a
n/a
11/09/2025
n/a
Property
Last Analysis Data (11/09/2025)
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Dev
Duquesne, Duparquet, Pit
Quebec
100
Open Pit
700.00
show
PEA in 2023
233K oz year at $975 AISC
$500M Capex
Dev
Pickle Crow
Ontario
30
Both
show
High grade project in ideal location with low capex. They need a feasibility study and financing.
JV with Auteco Size: 4,000 ha
Dev
Springpole
Ontario
100
Open Pit
720.00
show
5 million oz gold deposit (1 gpt)
25 million oz silver deposit (4 gpt)
PEA in 2013 for 215,000 oz gold, plus 1.2 million oz silver.
Capex $438 million.
Gold Equivalent cash-costs at $650.
IRR of 25% pretax at $1300 gold. Size: 30,000 ha
Exp
Cameron
Ontario
100 (guess)
n/a
show
1.2 million oz.
Current Data
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Dev
Duquesne, Duparquet, Pit
Quebec
100
Open Pit
700.00
show
PEA in 2023
233K oz year at $975 AISC
$500M Capex
Dev
Pickle Crow
Ontario
30
Both
show
High grade project in ideal location with low capex. They need a feasibility study and financing.
JV with Auteco Size: 4,000 ha
Dev
Springpole
Ontario
100
Open Pit
720.00
show
5 million oz gold deposit (1 gpt)
25 million oz silver deposit (4 gpt)
PEA in 2013 for 215,000 oz gold, plus 1.2 million oz silver.
Capex $438 million.
Gold Equivalent cash-costs at $650.
IRR of 25% pretax at $1300 gold. Size: 30,000 ha
Exp
Cameron
Ontario
100 (guess)
n/a
show
1.2 million oz.
Profitability (by resource)
Proven & Probable
11/09/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
4.00M
4.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-8.76M
P L A U S I B L E
Gold Eq. Oz.:
3.40M
3.40M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-7.44M
Maximum Profit (Gold):
$6,458.20M
$6,635.44M
n/a
$177.24M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$6,458.20M
$6,635.44M
n/a
$177.24M
Max Profit / Current MCap:
17.801
18.294
n/a
0.493
Max Profit Per Share (Gold):
$3.98
$4.09
n/a
$0.11
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$3.98
$4.09
n/a
$0.11
Total Free Profit Per Share:
$3.66
$3.77
n/a
$0.11
FD MCap / Gold Eq.:
$106.71
$106.68
n/a
$-0.03
FD MCap / Silver Eq.:
$1.28
$1.32
n/a
$0.03
FD MCap / Per Metal as % Spot Price:
2.67%
2.63%
n/a
-0.04%
EV / Gold Eq.:
$99.40
$99.38
n/a
$-0.03
EV / Silver Eq.:
$1.19
$1.23
n/a
$0.03
EV / Per Metal as % Spot Price:
2.49%
2.45%
n/a
-0.03%
Measured & Indicated
11/09/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
8.00M
8.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-17.52M
P L A U S I B L E
Gold Eq. Oz.:
6.12M
6.12M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-13.40M
Maximum Profit (Gold):
$11,624.76M
$11,943.79M
n/a
$319.04M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$11,624.76M
$11,943.79M
n/a
$319.04M
Max Profit / Current MCap:
32.042
32.930
n/a
0.888
Max Profit Per Share (Gold):
$7.16
$7.35
n/a
$0.20
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$7.16
$7.35
n/a
$0.20
Total Free Profit Per Share:
$6.84
$7.04
n/a
$0.20
FD MCap / Gold Eq.:
$59.28
$59.27
n/a
$-0.02
FD MCap / Silver Eq.:
$0.71
$0.73
n/a
$0.02
FD MCap / Per Metal as % Spot Price:
1.48%
1.46%
n/a
-0.02%
EV / Gold Eq.:
$55.22
$55.21
n/a
$-0.01
EV / Silver Eq.:
$0.66
$0.68
n/a
$0.02
EV / Per Metal as % Spot Price:
1.38%
1.36%
n/a
-0.02%
Reserves & Resources
11/09/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
11.00M
11.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-24.09M
P L A U S I B L E
Gold Eq. Oz.:
7.40M
7.40M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-16.19M
Maximum Profit (Gold):
$14,046.58M
$14,432.08M
n/a
$385.50M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$14,046.58M
$14,432.08M
n/a
$385.50M
Max Profit / Current MCap:
38.717
39.790
n/a
1.073
Max Profit Per Share (Gold):
$8.65
$8.89
n/a
$0.24
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$8.65
$8.89
n/a
$0.24
Total Free Profit Per Share:
$8.33
$8.57
n/a
$0.24
FD MCap / Gold Eq.:
$49.06
$49.05
n/a
$-0.01
FD MCap / Silver Eq.:
$0.59
$0.60
n/a
$0.02
FD MCap / Per Metal as % Spot Price:
1.23%
1.21%
n/a
-0.02%
EV / Gold Eq.:
$45.70
$45.69
n/a
$-0.01
EV / Silver Eq.:
$0.55
$0.56
n/a
$0.01
EV / Per Metal as % Spot Price:
1.14%
1.13%
n/a
-0.01%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
11/09/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7092
CAD 0.7090
11/20/2025
Spot Gold:
$3,999.47
$4,051.60
11/20/2025
$52.13
Spot Silver:
$48.03
$49.97
11/20/2025
$1.94
Gold:Silver Ratio:
83.27
81.08
11/20/2025
-2.19
Spot Gold (Future):
$5,000.00
$5,000.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
50.00
50.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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