First Mining Gold (FFMGF) Equity Ratio (2015 - 2026)

First Mining Gold's (FFMGF) quarterly Equity Ratio came in at 0.61 in Q1 2026, down 20.87% year-on-year from 0.77 in Q1 2025, and down 2.65% quarter-over-quarter from 0.63 in Q4 2025.

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

First Mining Gold has disclosed Equity Ratio across 12 years of filings, most recently posting 0.61 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.61, down 20.87% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.61 (down 20.87% YoY), and the FY2025 annual result was 0.63, down 24.59% from the prior year.
  • Equity Ratio came in at 0.61 for Q1 2026 at First Mining Gold, down from 0.63 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 839238462.17 in Q2 2023 to a low of 0.0 in Q1 2023.
  • The 5-year median for Equity Ratio is 0.77 (2024), against an average of 49366969.01.
  • Across the five-year window, Equity Ratio surged 94445649744.13% in 2023 and tumbled 100.0% in 2024, its largest moves.
  • First Mining Gold's Equity Ratio stood at 0.85 in 2022, then slipped by 3.31% to 0.82 in 2023, then climbed by 0.53% to 0.83 in 2024, then fell by 24.59% to 0.63 in 2025, then decreased by 2.65% to 0.61 in 2026.
  • The last three Equity Ratio figures came in at 0.61 (Q1 2026), 0.63 (Q4 2025), and 0.71 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - 0.67
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 0.70
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 0.94
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn -
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 0.71
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 0.61
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -
10 First Mining Gold - - - 0.61

Historic Data

Download Data
DateValue
Mar 31, 2026 0.61
Dec 31, 2025 0.63
Sep 30, 2025 0.71
Jun 30, 2025 0.75
Mar 31, 2025 0.77
Dec 31, 2024 0.83
Sep 30, 2024 0.76
Jun 30, 2024 0.77
Mar 31, 2024 0.81
Dec 31, 2023 0.82
Sep 30, 2023 0.85
Jun 30, 2023 839.24 Mn
Mar 31, 2023 0.00
Dec 31, 2022 0.85
Sep 30, 2022 0.00
Jun 30, 2022 0.89
Mar 31, 2022 0.86
Dec 31, 2021 0.86
Sep 30, 2021 0.88
Jun 30, 2021 0.75