HC Wainwright Has Weak Forecast for TSE:FF FY2026 Earnings

First Mining Gold Corp. (TSE:FF) – Equities researchers at HC Wainwright lowered their FY2026 earnings per share (EPS) estimates for First Mining Gold in a research report issued on Friday, September 11th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of ($0.02) for the year, down from their prior forecast of ($0.01). The consensus estimate for First Mining Gold’s current full-year earnings is ($0.05) per share.

First Mining Gold Stock Performance

Shares of TSE:FF opened at C$0.90 on Tuesday. First Mining Gold has a 52-week low of C$0.26 and a 52-week high of C$0.98. The company has a market capitalization of C$1.27 billion, a P/E ratio of -15.00 and a beta of 0.98. The company has a 50-day simple moving average of C$0.77 and a 200 day simple moving average of C$0.61. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.01 and a current ratio of 1.79.

First Mining Gold (TSE:FF) last released its earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share for the quarter.

Insider Activity

In other First Mining Gold news, Director Keith Neumeyer purchased 103,500 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was acquired at an average price of C$0.77 per share, with a total value of C$79,695.00. Following the acquisition, the director directly owned 46,342,813 shares of the company’s stock, valued at C$35,683,966.01. This trade represents a 0.22% increase in their position. Also, insider Stephen Andrew Lines purchased 72,464 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The stock was bought at an average price of C$0.69 per share, for a total transaction of C$50,000.16. Following the purchase, the insider owned 669,507 shares in the company, valued at C$461,959.83. The trade was a 12.14% increase in their position. Insiders acquired a total of 525,964 shares of company stock valued at $394,695 over the last three months. Insiders own 4.18% of the company’s stock.

About First Mining Gold

First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities are on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project in Ontario and a 30% project interest in the Pickle Crow Gold Project.