FFMGF (First Mining Gold) EV-to-EBITDA: -96.20 (As of Aug. 06, 2026)

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FFMGF First Mining Gold Corp FFMGF
21 GF Score
Price $0.51
! 2 Warning Signs
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What is First Mining Gold EV-to-EBITDA?

First Mining Gold FFMGF +2.54% 21 EV-to-EBITDA is -96.20 as of Aug. 06, 2026. GuruFocus rates FFMGF with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 696 Metals & Mining companies, First Mining Gold ranks worse than 143678.02% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, First Mining Gold's enterprise value is $664.47 Mil. First Mining Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-6.91 Mil. Therefore, First Mining Gold's EV-to-EBITDA for today is -96.20.

The historical rank and industry rank for First Mining Gold's EV-to-EBITDA or its related term are showing as below:

FFMGF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -97.2   Med: 0   Max: 0
Current: -96.2

FFMGF's EV-to-EBITDA is ranked worse than
100% of 696 companies
in the Metals & Mining industry
Industry Median: 10.475 vs FFMGF: -96.20

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-06), First Mining Gold's stock price is $0.505. First Mining Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.046. Therefore, First Mining Gold's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


First Mining Gold  (OTCPK:FFMGF) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

First Mining Gold's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.505/-0.046
=At Loss

First Mining Gold's share price for today is $0.505.
First Mining Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.046.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


First Mining Gold EV-to-EBITDA Related Terms


First Mining Gold EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for First Mining Gold's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Mining Gold EV-to-EBITDA Chart

First Mining Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.62 -20.99 -17.00 -15.89 -75.63

First Mining Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.75 -25.37 -43.36 -75.63 -71.02

FFMGF vs NEM, AU: EV-to-EBITDA Comparison

For the Gold subindustry, First Mining Gold's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Mining Gold's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where First Mining Gold's EV-to-EBITDA falls into.


FFMGF
21GF Score
First Mining Gold Corp FFMGF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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First Mining Gold EV-to-EBITDA Calculation

First Mining Gold's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=664.467/-6.907
=-96.20

First Mining Gold's current Enterprise Value is $664.47 Mil.
First Mining Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.91 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -96.20 mean?
First Mining Gold (FFMGF) has a EV-to-EBITDA of -96.20 as of Aug. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Mining Gold. According to the industry distribution chart, First Mining Gold ranks #999999 out of 696 companies in the Metals & Mining industry.
Is First Mining Gold's EV-to-EBITDA too high?
First Mining Gold's current EV-to-EBITDA is -96.20. Based on the distribution chart, First Mining Gold ranks #999999 out of 696 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, First Mining Gold has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does First Mining Gold's EV-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, First Mining Gold ranks #999999 out of 696 companies for EV-to-EBITDA. This places First Mining Gold in the lower half of its industry. The industry median EV-to-EBITDA is 10.48. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Metals & Mining company?
The median EV-to-EBITDA among Metals & Mining companies is 10.48, based on 696 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Mining Gold. For the Metals & Mining industry, the median EV-to-EBITDA is 10.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Mining Gold's current EV-to-EBITDA is -96.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Mining Gold stock overvalued right now?
First Mining Gold (FFMGF) has a current EV-to-EBITDA of -96.20. The current EV-to-EBITDA is -96.20. First Mining Gold's overall GF Score™ is 21/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For First Mining Gold (FFMGF), the current EV-to-EBITDA is -96.20 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Mining Gold Business Description

Other Exchanges 0P07:UKFMG:GermanyFF:Canada
Address 1188 West Georgia Street, Suite 2070, Vancouver, BC, CAN, V6E 4A2
First Mining Gold Corp is engaged in the acquisition, exploration, development, and strategic disposition of its Canadian mineral properties. The Company's portfolio includes gold projects in eastern Canada, including 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.
21GF Score

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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.51
Price