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First Mining Gold Corp. (T:FF)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 1805-925 West Georgia Street
VANCOUVER BC V6C 3L2
Tel: N/A
Website: https://firstmininggold.com
IR: See website
Key People
Daniel William Wilton
Chief Executive Officer, Director
Lisa M. Peterson
Chief Financial Officer
Jeff Reinson
Chief Operating Officer
Stephen Lines
Vice President - Environment and Community Relations
James Maxwell
Vice President - Exploration
Samir Devendra Patel
General Counsel, Corporate Secretary
Business Overview
First Mining Gold Corp. is a Canada-based gold developer advancing two of its largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario and the Duparquet Project in Quebec. The Company also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests, including the Pickle Crow Gold Project (being advanced in partnership with FireFly Metals Ltd), the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.), and an equity interest in Treasury Metals Inc. The Springpole Gold Project covers an area of about 41,943 hectares (ha) in northwestern Ontario, and consists of 30 patented mining claims, 282 mining claims and thirteen mining leases. The Duparquet Gold Project is located immediately north of the town of Duparquet, which is approximately 50 kilometers (km) northwest of Rouyn-Noranda, Quebec. The Pickle Crow Gold Project is located in the mining jurisdiction of northwestern Ontario, Canada.
Financial Overview
For the fiscal year ended 31 December 2023, First Mining Gold Corp revenues was not reported. Net loss decreased 57% to C$7M. Lower net loss reflects Impairment of non-current assets decrease of 85% to C$1.5M (expense), FV/Uls Adjust on Derivatives for Hedging increase from C$869K (expense) to C$640K (income), Interest and other income increase from C$264K to C$941K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $134.52M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$7.58M as of Dec 31, 2023
Net annual income (TTM): -$7.04M as of Dec 31, 2023
Free cash flow (TTM): -$23.61M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 918,428,735 as of Apr 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization