First Mining Gold Corp.
First Mining Gold holds the Springpole Gold Project in northwestern Ontario, one of Canada's largest undeveloped gold deposits, currently advancing from a December 2025 pre-feasibility study into a full feasibility study.
Notable vs. Peers
- Financials score of 3.3/10 is weaker than the peer average of 6.6/10.
- Trading within 6% of its 52-week high — strong recent price momentum.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Chief Executive Officer and Director of First Mining Gold Corp. Over 30 years of experience in M&A, corporate finance and principal investing in mining; previously a partner at Pacific Road Capital Management with roles at National Bank Financial and General Electric.
Chief Financial Officer of First Mining Gold Corp. since 16 Sep 2022. Over 15 years' experience across mining, renewable energy, infrastructure and professional-services sectors. Career: CFO, Libero Copper & Gold Corporation and Zacapa Resources Corporation; VP Corporate Reporting & Global Accounting, SkyPower Global; Chief of Staff, Capital Projects and Frontera District, Barrick Gold Corp. (already tracked in this DB, ABX, 2012-2015); 5 years leading international Corporate Reporting, KGHM Polska Miedz S.A.; began her career at KPMG LLP. CPA, CA; Bachelor of Business Administration, Simon Fraser University.
Vice President, Sustainability at First Mining Gold Corp. Over 20 years of professional practice in environmental assessment, permitting and Indigenous/community affairs, including the Hardrock Gold Project and Gahcho Kué Diamond Mine approvals.
Vice President, Exploration and Project Operations at First Mining Gold Corp. Professional geoscientist with over 20 years focused on orogenic gold exploration and development; part of discovery teams for five major gold discoveries in Nunavut and Red Lake.
Vice President, Corporate Development and Corporate Secretary of First Mining Gold Corp. Nearly two decades in mining corporate finance, M&A and capital markets; previously in investment banking and equity capital markets at National Bank and Scotiabank.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Keith Neumeyer, who founded First Mining and chairs its board (and founded and runs First Majestic Silver), has bought 7,500,000 shares of his own company across eight separate open-market purchases in the last twelve months, spending roughly C$3.2 million, and has sold nothing. Richard Huang and James Maxwell also bought without selling. Three other insiders were net sellers over the same period, but their combined selling is smaller than the buying on both share count and dollars. On the institutional side there is one specialist name, Sun Valley Gold, but at 4.4% and last filed at the end of 2023 -- and its stake has been shrinking, from 7.90% in 2022.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.
Statement of Financial Position (CAD thousands): Total liabilities $120,358K, made up of accounts payable/accrued, current+non-current lease liability ($81K + $76K, matching EODHD's mislabeled 'debt' figure exactly), flow-through share premium, environmental remediation provision, and a $120,131K non-current 'Silver Stream derivative liability' (Note 8) -- a metals-stream delivery obligation on the Springpole project, not interest-bearing debt. No loans/notes payable/credit facility line exists.