First Mining Gold (TSX:FF) Tax Expense: C$-1.41 Mil (TTM As of Mar. 2026)


TSX:FF First Mining Gold Corp TSX:FF
35 GF Score
Price C$0.69
! 2 Warning Signs
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What is First Mining Gold Tax Expense?

First Mining Gold TSX:FF +11.29% 35 Tax Expense is C$-1.41 Mil as of Mar. 2026. GuruFocus rates TSX:FF with a GF Score™ of 35/100. The stock has 2 warning signs investors should review.

First Mining Gold's tax expense for the months ended in Mar. 2026 was C$-0.08 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$-1.41 Mil.


First Mining Gold  (TSX:FF) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


First Mining Gold Tax Expense Related Terms


First Mining Gold Tax Expense Historical Data

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The historical data trend for First Mining Gold's Tax Expense 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 Tax Expense Chart

First Mining Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.31 -1.58 -2.05 -1.44

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
Tax Expense 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 -0.11 -0.53 -0.67 -0.13 -0.08
TSX:FF
35GF Score
First Mining Gold Corp TSX:FF
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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First Mining Gold Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense 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 C$-1.41 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 Tax Expense →
What does a Tax Expense of C$-1.41 Mil mean?
First Mining Gold (TSX:FF) has a Tax Expense of C$-1.41 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on First Mining Gold and its competitors.
Is First Mining Gold's Tax Expense too high?
First Mining Gold's current Tax Expense is C$-1.41 Mil. Overall, First Mining Gold has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does First Mining Gold's Tax Expense compare to NEM and AU?
First Mining Gold's Tax Expense of C$-1.41 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Metals & Mining company?
A good Tax Expense depends on the Metals & Mining industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on First Mining Gold and its competitors. First Mining Gold's current Tax Expense is C$-1.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Mining Gold stock overvalued right now?
First Mining Gold (TSX:FF) has a current Tax Expense of C$-1.41 Mil. The current Tax Expense is C$-1.41 Mil. First Mining Gold's overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For First Mining Gold (TSX:FF), the current Tax Expense is C$-1.41 Mil as of Mar. 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 FFMGF:USA0P07:UKFMG:Germany
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.
35GF Score

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