First Mining Gold Stock Today

FF Stock  CAD 0.13  0.01  7.14%   

Performance

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Odds Of Distress

Over 67

 
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First Mining is selling at 0.13 as of the 1st of December 2024; that is 7.14% down since the beginning of the trading day. The stock's open price was 0.14. First Mining has more than 67 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for First Mining Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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 Canada and is traded on Toronto Stock Exchange. It employs 22 people. The company has 1.08 B outstanding shares of which 1.05 M shares are currently shorted by private and institutional investors with about 1.42 days to cover all short positions. More on First Mining Gold

First Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODaniel Wilton
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
First Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to First Mining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
First Mining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Mining's financial leverage. It provides some insight into what part of First Mining's total assets is financed by creditors.
Liquidity
First Mining cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. First Mining Gold has accumulated 172 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 2.96, 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.

Capital Expenditures

19.47 Million
First Mining Gold (FF) is traded on Toronto Exchange in Canada and employs 17 people. First Mining is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 143.08 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. First Mining Gold classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 1.08 B outstanding shares of which 1.05 M shares are currently shorted by private and institutional investors with about 1.42 days to cover all short positions. First Mining Gold has accumulated about 13.56 M in cash with (5.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check First Mining Probability Of Bankruptcy
Ownership Allocation
First Mining holds a total of 1.08 Billion outstanding shares. First Mining Gold shows 4.53 percent of its outstanding shares held by insiders and 7.27 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check First Ownership Details

First Mining Gold Risk Profiles

Although First Mining's alpha and beta are two of the key measurements used to evaluate First Mining's performance over the market, the standard measures of volatility play an important role as well.

First Stock Against Markets

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First Mining Corporate Management

Elected by the shareholders, the First Mining's board of directors comprises two types of representatives: First Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Mining's management team and ensure that shareholders' interests are well served. First Mining's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard HuangVice DevelopmentProfile
Stephen LinesVice SustainabilityProfile
Paul MorrisDirector RelationsProfile
Lisa PetersonChief OfficerProfile

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.