First Mining Gold (FFMGF) Research & Development (2015 - 2026)
First Mining Gold (FFMGF) recorded Research & Development of -$180,008 in the quarter ended Jun 30, 2026, compared with -$162,385 a year earlier.
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Analysis
First Mining Gold (FFMGF) Research & Development (2015 - 2026) Analysis & Trends
On a TTM basis, First Mining Gold's Research & Development came in at $145,274 as of Jun 30, 2026; for the year ended Dec 31, 2025, it came in at $817,354, up 40.9% from the prior year.
- Annual Research & Development has a five-year compound annual growth rate of 6.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Research & Development came in at $579,937 in the year ended Dec 31, 2024 (-0.6%), $583,298 in the year ended Dec 31, 2023 (+18.7%), $491,497 in the year ended Dec 31, 2022 (-99.9%) and $766.04 million in the year ended Dec 31, 2021.
- Quarterly Research & Development has ranged from -$183,760 in the quarter ended Mar 31, 2026 to $761.11 million in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, Research & Development rose in 1 of the last four quarters, with growth averaging 33.6%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 191.0% in the quarter ended Dec 31, 2025, against a decline of 100.0% in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -$183,760 (quarter ended Mar 31, 2026), $352,089 (quarter ended Dec 31, 2025) and $156,953 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 47.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | First Mining Gold | 765.94 Mn | 765.94 Mn | - | -180,008.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -180,008.39 |
| 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 | 761.11 Mn |
| Sep 30, 2021 | 138,227.22 |
API Access
First Mining Gold Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=FFMGF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FFMGF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=FFMGF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();