What is HC Wainwright's Forecast for TSE:FF FY2026 Earnings?

Key Points

• HC Wainwright lowered its FY2026 EPS forecast for First Mining Gold to a loss of C$0.02 per share, from a previous estimate of C$0.01 loss.
• The revised forecast remains more optimistic than the broader consensus, which projects a full-year loss of C$0.05 per share. First Mining Gold recently reported quarterly EPS of C$0.01 loss.
• Insiders have been buying shares, including purchases by Richard Huang and Director Keith Neumeyer; insiders bought 525,964 shares worth approximately C$394,695 over the past three months.

First Mining Gold Corp. (TSE:FF - Free Report) - Stock analysts at HC Wainwright decreased their FY2026 EPS estimates for First Mining Gold in a research report issued to clients and investors on Friday, September 11th. HC Wainwright analyst H. Ihle now expects that the company will earn ($0.02) per share for the year, down from their previous forecast of ($0.01). The consensus estimate for First Mining Gold's current full-year earnings is ($0.05) per share.

First Mining Gold (TSE:FF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter.

First Mining Gold Stock Performance

FF opened at C$0.90 on Tuesday. The company has a market capitalization of C$1.27 billion, a price-to-earnings ratio of -15.00 and a beta of 0.98. The business's 50-day moving average price is C$0.77 and its two-hundred day moving average price is C$0.61. First Mining Gold has a 1 year low of C$0.26 and a 1 year high of C$0.98. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.79 and a quick ratio of 1.01.

Insider Buying and Selling

In other news, insider Richard Huang bought 100,000 shares of the company's stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average price of C$0.70 per share, with a total value of C$70,000.00. Following the transaction, the insider owned 2,339,766 shares in the company, valued at C$1,637,836.20. This represents a 4.46% increase in their ownership of the stock. Also, Director Keith Neumeyer bought 250,000 shares of the business's stock in a transaction on Wednesday, July 1st. The stock was purchased at an average price of C$0.78 per share, for a total transaction of C$195,000.00. Following the purchase, the director directly owned 46,592,813 shares in the company, valued at approximately C$36,342,394.14. This represents a 0.54% increase in their position. Over the last three months, insiders bought 525,964 shares of company stock worth $394,695. 4.18% of the stock is owned by corporate insiders.

First Mining Gold Company Profile

First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities are on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project in Ontario and a 30% project interest in the Pickle Crow Gold Project.

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