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First Mining Gold (STU:FMG) 5-Year Yield-on-Cost % : 0.00 (As of May. 19, 2024)


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What is First Mining Gold 5-Year Yield-on-Cost %?

First Mining Gold's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for First Mining Gold's 5-Year Yield-on-Cost % or its related term are showing as below:



STU:FMG's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.075
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of First Mining Gold's 5-Year Yield-on-Cost %

For the Gold subindustry, First Mining Gold's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Mining Gold's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Mining Gold's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where First Mining Gold's 5-Year Yield-on-Cost % falls into.



First Mining Gold 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First Mining Gold is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

First Mining Gold  (STU:FMG) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


First Mining Gold 5-Year Yield-on-Cost % Related Terms

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First Mining Gold (STU:FMG) Business Description

Traded in Other Exchanges
Address
1188 West Georgia Street, Suite 2070, Vancouver, BC, CAN, V6E 4A2
First Mining Gold Corp is engaged in the acquisition, exploration, development and selective disposition of its North American mineral properties. It is engaged in advancing a portfolio of gold projects in Canada, with the project being the Springpole Gold Project in northwestern Ontario. The company also holds an equity position in Treasury Metals which is advancing the Goliath Gold Complex toward construction. Its portfolio of gold projects in eastern Canada also includes Hope Brook, Cameron, Duparquet, Duquesne, and Pitt gold projects. In addition, the Company holds an interest in the PC Gold legal entity which holds the Pickle Crow gold project.

First Mining Gold (STU:FMG) Headlines

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