First Mining Gold (FFMGF) Debt to Equity (2015 - 2026)

First Mining Gold (FFMGF) posted Debt to Equity of $0.02 for Q1 2026, down 95.86% sequentially from $0.51 in Q4 2025, and up 21.65% YoY from $0.02 in Q1 2025.

First Mining Gold (FFMGF) Debt to Equity (2015 - 2026) Analysis & Trends

First Mining Gold (FFMGF) has 10 years of Debt to Equity data on file, last reported at $0.02 in Q1 2026.

  • Quarterly Debt to Equity rose 21.65% year-over-year to $0.02 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.02 (up 21.65% YoY) and the FY2025 annual result came in at $0.51, up 226.93% from the prior year.
  • Debt to Equity retreated to $0.02 in Q1 2026 per FFMGF's latest filing, from $0.51 in the prior quarter.
  • The five-year high for Debt to Equity was $0.51 in Q4 2025, with the low at $0.02 in Q3 2025.
  • Average Debt to Equity over 5 years is $0.07, with a median of $0.02 recorded in 2024.
  • Year-over-year, Debt to Equity slumped 74.3% in 2022 and soared 226.93% in 2025.
  • First Mining Gold's Debt to Equity stood at $0.14 in 2022, then increased by 14.62% to $0.16 in 2023, then decreased by 3.69% to $0.16 in 2024, then soared by 226.93% to $0.51 in 2025, then slumped by 95.86% to $0.02 in 2026.
  • Business Quant data shows FFMGF's Debt to Equity at $0.02 in Q1 2026, $0.51 in Q4 2025, and $0.02 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.13
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.14
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 0.00
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn -
8 Gold Fields 30.19 Bn 28.41 Bn - 0.32
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.08
10 First Mining Gold - - - 0.02

Historic Data

Download Data
DateValue
Mar 31, 2026 0.02
Dec 31, 2025 0.51
Sep 30, 2025 0.02
Jun 30, 2025 0.02
Mar 31, 2025 0.02
Dec 31, 2024 0.16
Sep 30, 2024 0.02
Jun 30, 2024 0.02
Mar 31, 2024 0.02
Dec 31, 2023 0.16
Sep 30, 2023 0.02
Jun 30, 2023 0.02
Mar 31, 2023 0.02
Dec 31, 2022 0.14
Sep 30, 2022 0.02
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 0.14
Sep 30, 2021 0.02
Jun 30, 2021 0.08