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First Mining Gold raises $24.4 million through expanded private placement
First Mining Gold has completed an expanded private placement, raising approximately $24.4 million. The funds will be used to further develop the Springpole and Duparquet gold projects as well as for working capital. Despite the successful capital raise, the company's shares have lost more than 25% of their value since the beginning of the year. » More on de.investing.com
First Mining Gold completes successful $12 million capital raise
First Mining Gold has completed an oversubscribed capital raise, generating $12 million through the issuance of 66.67 million units. The funds will be used to advance the Springpole and Duparquet gold projects, as well as for general working capital. The company reports a strong liquidity position, putting it in a good position for its planned development initiatives. » More on de.investing.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 0 | - |
| Gross profit | -70.95k | 158.61% |
| Net profit | -4.89m | 56.55% |
| EBITDA | -1.57m | 25.65% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €513.07m |
Number of shares | 1.42bn |
52-week high/low | €0.64 - €0.19 |
| Dividends | No |
Beta | 1.07 |
P/E ratio | -9.81 |
PEG ratio | 0.12 |
P/B ratio | 3.55 |
P/S ratio | 0.00 |
Company profile
First Mining Gold Corp. develops and explores for gold projects. It also explores for silver, copper, and iron ore deposits. The company primarily holds interests in the Springpole Gold Project located in northwestern Ontario. It holds a portfolio of 8 mineral assets located in Canada and the United States, as well as has an option to acquire an 80% interest in Pelangio's Birch Lake and Birch Lake West properties located in northwestern Ontario. In addition, the company holds 80% interest in Hope Brook Gold Project covering approximately 26,650 hectares located in Newfoundland and includes six mineral licenses, as well as holds interest in Cameron Project comprising of 1,789 mining claims, 24 patented claims, and 4 mining leases located in Ontario. First Mining Gold Corp. was incorporated in 2005 and is headquartered in Vancouver, Canada.
| Name | FIRST MNG GOLD CORP. |
| CEO | Daniel William Wilton |
| Headquarters | Vancouver,
bc Canada |
| Website | |
| Industry | Metals & Mining |
| IPO | 10/12/2020 |
| Employees | 30 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Toronto Stock Exchange | FF.TO |
Pnk | FFMGF |
London Stock Exchange | 0P07.L |
Frankfurt | FMG.F |
Düsseldorf | FMG.DU |
London | 0P07.L |