First Mining Gold (TSE:FF) Insider Purchases C$70,000.00 in Stock

First Mining Gold Corp. (TSE:FFGet Free Report) insider Richard Huang bought 100,000 shares of the stock in a transaction dated Thursday, July 2nd. The shares were acquired at an average price of C$0.70 per share, for a total transaction of C$70,000.00. Following the completion of the transaction, the insider owned 2,339,766 shares of the company’s stock, valued at approximately C$1,637,836.20. The trade was a 4.46% increase in their position.

First Mining Gold Stock Performance

Shares of First Mining Gold stock opened at C$0.72 on Friday. The firm’s fifty day simple moving average is C$0.52 and its 200-day simple moving average is C$0.55. First Mining Gold Corp. has a 12 month low of C$0.15 and a 12 month high of C$0.86. The stock has a market capitalization of C$996.62 million, a price-to-earnings ratio of -12.00 and a beta of 0.86. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.16 and a quick ratio of 1.01.

First Mining Gold (TSE:FFGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C($0.01) earnings per share for the quarter. As a group, equities analysts forecast that First Mining Gold Corp. will post -0.05 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, HC Wainwright increased their target price on shares of First Mining Gold from C$1.10 to C$1.20 in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of C$0.95.

View Our Latest Analysis on FF

First Mining Gold Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for First Mining Gold (TSE:FF)

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