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First Mining Gold (TSX:FF) 6-Month Share Buyback Ratio : -12.09% (As of Dec. 2024 )


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What is First Mining Gold 6-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. First Mining Gold's current 6-Month Share Buyback Ratio was -12.09%.


Competitive Comparison of First Mining Gold's 6-Month Share Buyback Ratio

For the Gold subindustry, First Mining Gold's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Mining Gold's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Mining Gold's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where First Mining Gold's 6-Month Share Buyback Ratio falls into.


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First Mining Gold 6-Month Share Buyback Ratio Calculation

First Mining Gold's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(963.359 - 1079.864) / 963.359
=-12.09%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Mining Gold  (TSX:FF) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


First Mining Gold 6-Month Share Buyback Ratio Related Terms


First Mining Gold Business Description

Traded in Other Exchanges
Address
1188 West Georgia Street, Suite 2070, Vancouver, BC, CAN, V6E 4A2
First Mining Gold Corp is engaged in the acquisition, exploration, development, and selective disposition of its North American mineral properties. It is engaged in advancing a portfolio of gold projects in Canada, with the project being the Springpole Gold Project in northwestern Ontario. The portfolio of the company includes gold projects in eastern Canada also includes Hope Brook, Cameron, Duparquet, Duquesne, and Pitt gold projects. In addition, the Company holds an interest in the PC Gold legal entity which holds the Pickle Crow gold project.
Executives
Stephen Andrew Lines Senior Officer
Richard Lock Director
Keith Neumeyer Director
Raymond L. Polman Director
Kenneth Engquist Senior Officer
Samir Devendra Patel Senior Officer
Andrew Colin Marshall Senior Officer
Daniel William Wilton Director, Senior Officer
Malgorzata Karwowska Senior Officer
David Andrew Shaw Director, Senior Officer