First Mining Gold Sells Remaining Stake in Hope Brook Project

The latest update is out from First Mining Gold ( (TSE:FF) ).

On July 7, 2025, First Mining Gold Corp. announced the sale of its remaining 20% interest in the Hope Brook Gold Project to Big Ridge Gold Corp. for C$3 million in cash and 7 million common shares of Big Ridge. This transaction allows Big Ridge to consolidate full ownership of the project and provides First Mining with financial flexibility to focus on its flagship projects. The deal is expected to close in the third quarter of 2025, and First Mining will retain exposure to the project as a shareholder of Big Ridge.

The most recent analyst rating on (TSE:FF) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on First Mining Gold stock, see the TSE:FF Stock Forecast page.

Spark’s Take on TSE:FF Stock

According to Spark, TipRanks’ AI Analyst, TSE:FF is a Neutral.

First Mining Gold’s overall score reflects its status as a development-stage mining company. The robust balance sheet and positive corporate events are significant strengths, while the lack of revenue and profitability remain key concerns. Technical analysis shows positive momentum but suggests caution due to overbought conditions. Overall, the company’s future potential is tied to its successful transition from exploration to production.

To see Spark’s full report on TSE:FF stock, click here.

More about First Mining Gold

First Mining Gold Corp. is a gold developer focused on advancing two major gold projects in Canada: the Springpole Gold Project in Ontario and the Duparquet Gold Project in Quebec. Established in 2015, the company also holds interests in other gold projects, including Cameron Gold Project and Pickle Crow Gold Project.

Average Trading Volume: 1,313,441

Technical Sentiment Signal: Buy

Current Market Cap: C$195M

See more data about FF stock on TipRanks’ Stock Analysis page.