First Mining Ownership
| FF Stock | CAD 0.40 -0.03 -6.98% |
Shares in Circulation | First Issued 2005-09-30 | Previous Quarter 1.1 B | Current Value 1.2 B | Average Shares Outstanding 355.1 M | Quarterly Volatility 372 M |
Macro event markers
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Stock Ownership Analysis
The book value of the company was currently reported as 0.18. The company recorded a loss per share of 0.02. First Mining Gold had not issued any dividends in recent years. The company completed a 1:4 stock split on 6th of April 2015.Outstanding Bonds
Outstanding bonds linked to First Mining Gold can tell investors a great deal about how the company finances itself beyond common equity markets. Used together with earnings and cash-flow analysis, the bond stack can reveal whether leverage is a manageable tool or a developing constraint.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
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| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with First Mining
Pair trading with First Mining can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
Moving together with First Stock
Moving against First Stock
Correlation analysis helps find suitable substitutes for First Mining during tax-loss harvesting periods. Instruments with correlation above 0.9 to First Mining Gold typically provide adequate exposure during the waiting period. Assets with similar factor exposures to First Mining Gold provide the most accurate substitution during harvesting.
Measuring the statistical correlation of First Mining Gold against other instruments provides diversification context. A correlation of -1 means two assets move in exactly opposite directions, creating a near-perfect hedge. Statistical correlation between First Mining and its peers is essential input for portfolio optimization.
The Correlation analysis framework supports pair trading and hedging evaluation for First Mining.More Resources for First Stock Analysis
Other Information on Investing in First Stock
These ratios describe connections between financial data points for First Mining. The format ensures data can be compared on a consistent basis.