First Mining Gold (FFMGF) Research & Development (2015 - 2026)
First Mining Gold (FFMGF) posted Research & Development of -$183759.8 for Q1 2026, down 152.19% sequentially from $352089.4 in Q4 2025, and down 25.56% YoY from -$246855.6 in Q1 2025.
First Mining Gold (FFMGF) Research & Development (2015 - 2026) Analysis & Trends
First Mining Gold (FFMGF) has 12 years of Research & Development data on file, last reported at -$183759.8 in Q1 2026.
- Quarterly Research & Development fell 25.56% year-over-year to -$183759.8 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $487668.0 (up 80.33% YoY) and the FY2025 annual result came in at $818912.5, up 44.08% from the prior year.
- Research & Development fell to -$183759.8 in Q1 2026 per FFMGF's latest filing, from $352089.4 in the prior quarter.
- The five-year high for Research & Development was $352089.4 in Q4 2025, with the low at -$183759.8 in Q1 2026.
- Average Research & Development over 5 years is $117528.3, with a median of $139737.1 recorded in 2022.
- The widest YoY moves for Research & Development: up 191.03% in 2025, down 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 tumbled by 44.92% to $120978.5 in 2024, then surged by 191.03% to $352089.4 in 2025, then slumped by 152.19% to -$183759.8 in 2026.
- Business Quant data shows FFMGF's Research & Development at -$183759.8 in Q1 2026, $352089.4 in Q4 2025, and $156953.2 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 116.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 45.00 Mn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -2.55 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -177,000.00 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 38.20 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 |