First Mining Gold Corp. (TSE:FF – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of C$0.63 and traded as low as C$0.60. First Mining Gold shares last traded at C$0.60, with a volume of 1,302,963 shares trading hands.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on FF. HC Wainwright boosted their price objective on shares of First Mining Gold from C$1.20 to C$1.40 in a report on Monday, July 6th. Ventum Financial increased their target price on shares of First Mining Gold from C$1.40 to C$1.60 and gave the stock a “buy” rating in a report on Tuesday, October 13th. Two analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$1.23.
View Our Latest Stock Report on First Mining Gold
First Mining Gold Stock Down 7.7%
The firm has a market capitalization of C$894.09 million, a P/E ratio of -10.00 and a beta of 1.02. The firm’s 50-day moving average is C$0.79 and its 200 day moving average is C$0.63. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.01 and a current ratio of 1.79.
First Mining Gold (TSE:FF – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, equities research analysts predict that First Mining Gold Corp. will post -0.05 EPS for the current fiscal year.
Insider Activity
In other First Mining Gold news, insider James Maxwell sold 166,000 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of C$0.92, for a total value of C$152,720.00. Following the sale, the insider owned 1,848,676 shares in the company, valued at approximately C$1,700,781.92. The trade was a 8.24% decrease in their position. Also, insider Stephen Andrew Lines purchased 60,000 shares of First Mining Gold stock in a transaction on Friday, September 18th. The shares were purchased at an average cost of C$0.84 per share, with a total value of C$50,400.00. Following the transaction, the insider owned 729,507 shares in the company, valued at approximately C$612,785.88. The trade was a 8.96% increase in their ownership of the stock. 4.18% of the stock is owned by corporate insiders.
About First Mining Gold
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.
Featured Articles
- Five stocks we like better than First Mining Gold
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for First Mining Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Mining Gold and related companies with MarketBeat.com's FREE daily email newsletter.
