First Mining Gold (FFMGF) Research & Development (2015 - 2026)
First Mining Gold's (FFMGF) quarterly Research & Development came in at -$183759.8 in Q1 2026, down 25.56% year-on-year from -$246855.6 in Q1 2025, and down 152.19% quarter-over-quarter from $352089.4 in Q4 2025.
First Mining Gold (FFMGF) Research & Development (2015 - 2026) Analysis & Trends
First Mining Gold has disclosed Research & Development across 12 years of filings, most recently posting -$183759.8 for Q1 2026.
- Research & Development for Q1 2026 came in at -$183759.8, down 25.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $487668.0 (up 80.33% YoY), and the FY2025 annual result was $818912.5, up 44.08% from the prior year.
- Research & Development came in at -$183759.8 for Q1 2026 at First Mining Gold, down from $352089.4 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $352089.4 in Q4 2025 to a low of -$183759.8 in Q1 2026.
- The 5-year median for Research & Development is $139737.1 (2022), against an average of $117528.3.
- Peak annual rise in Research & Development reached 191.03% in 2025, while the deepest fall reached 189.24% in 2025.
- First Mining Gold's Research & Development stood at $109032.0 in 2022, then soared by 101.43% to $219626.1 in 2023, then slumped by 44.92% to $120978.5 in 2024, then surged by 191.03% to $352089.4 in 2025, then sank by 152.19% to -$183759.8 in 2026.
- The last three Research & Development figures came in at -$183759.8 (Q1 2026), $352089.4 (Q4 2025), and $156953.2 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 116.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 7.50 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 38.20 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 45.00 Mn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | -60.00 Mn |
| 10 | First Mining Gold | - | - | - | -183,759.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -183,759.83 |
| Dec 31, 2025 | 352,089.36 |
| Sep 30, 2025 | 156,953.16 |
| Jun 30, 2025 | 162,385.31 |
| Mar 31, 2025 | -146,352.46 |
| Dec 31, 2024 | 120,978.50 |
| Sep 30, 2024 | 164,937.02 |
| Jun 30, 2024 | 130,874.16 |
| Mar 31, 2024 | 164,007.02 |
| Dec 31, 2023 | 219,626.12 |
| Sep 30, 2023 | 176,785.52 |
| Jun 30, 2023 | 108,690.06 |
| Mar 31, 2023 | 77,668.12 |
| Dec 31, 2022 | 109,032.04 |
| Sep 30, 2022 | 85,108.83 |
| Jun 30, 2022 | 159,221.15 |
| Mar 31, 2022 | 139,737.15 |
| Dec 31, 2021 | 268,940.93 |
| Sep 30, 2021 | 138,227.22 |
| Jun 30, 2021 | 170,027.18 |