First Mining Gold (TSE:FF) Trading Up 22.9% – Here’s Why

Posted by Stanley Muller on Jun 18th, 2026

First Mining Gold Corp. (TSE:FF – Get Free Report) rose 22.9% during trading on Tuesday . The stock traded as high as C$0.64 and last traded at C$0.59. 7,036,903 shares were traded during trading, an increase of 70% from the average session volume of 4,133,244 shares. The stock had previously closed at C$0.48.

Analysts Set New Price Targets

Separately, HC Wainwright boosted their price objective on shares of First Mining Gold from C$1.10 to C$1.20 in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$0.95.

Check Out Our Latest Analysis on First Mining Gold

First Mining Gold Trading Down 2.5%

The stock has a fifty day moving average of C$0.49 and a 200-day moving average of C$0.54. The company has a market cap of C$795.91 million, a PE ratio of -9.58 and a beta of 0.86. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 2.16.

First Mining Gold (TSE:FF – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported C($0.01) earnings per share for the quarter. Sell-side analysts anticipate that First Mining Gold Corp. will post -0.05 EPS for the current fiscal year.

Insider Transactions at First Mining Gold

In related news, Director Keith Neumeyer acquired 396,500 shares of the stock in a transaction on Monday, March 23rd. The stock was bought at an average cost of C$0.40 per share, with a total value of C$158,600.00. Following the transaction, the director directly owned 43,739,313 shares in the company, valued at approximately C$17,495,725.20. This represents a 0.91% increase in their ownership of the stock. 4.18% of the stock is currently owned by company insiders.

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.

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