First Mining Gold (TSE:FF) Issues Quarterly Earnings Results

First Mining Gold (TSE:FFGet Free Report) released its earnings results on Tuesday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports.

First Mining Gold Stock Performance

FF stock opened at C$0.54 on Wednesday. The company has a market capitalization of C$747.33 million, a P/E ratio of -7.71 and a beta of 0.90. The company has a 50-day simple moving average of C$0.50 and a 200 day simple moving average of C$0.51. First Mining Gold has a fifty-two week low of C$0.14 and a fifty-two week high of C$0.86. The company has a quick ratio of 1.01, a current ratio of 3.18 and a debt-to-equity ratio of 0.08.

Analysts Set New Price Targets

Separately, HC Wainwright upped their price target on shares of First Mining Gold from C$0.45 to C$1.00 in a research report on Tuesday, February 3rd. One investment 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$0.85.

View Our Latest Stock Report on First Mining Gold

Insider Activity

In other news, insider Stephen Andrew Lines sold 403,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of C$0.60, for a total transaction of C$241,800.00. Following the completion of the transaction, the insider owned 950,450 shares in the company, valued at approximately C$570,270. This trade represents a 29.78% decrease in their position. Also, Director Keith Neumeyer acquired 396,500 shares of First Mining Gold stock in a transaction dated Monday, March 23rd. The shares were acquired at an average price of C$0.40 per share, with a total value of C$158,600.00. Following the transaction, the director owned 43,739,313 shares in the company, valued at approximately C$17,495,725.20. This represents a 0.91% increase in their position. Corporate insiders own 4.18% of the company’s stock.

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.

Recommended Stories

Earnings History for First Mining Gold (TSE:FF)

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.