Richard Huang Acquires 100,000 Shares of First Mining Gold (TSE:FF) Stock

First Mining Gold Corp. (TSE:FFGet Free Report) insider Richard Huang purchased 100,000 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was acquired at an average cost of C$0.70 per share, with a total value of C$70,000.00. Following the acquisition, the insider owned 2,339,766 shares in the company, valued at C$1,637,836.20. The trade was a 4.46% increase in their position.

First Mining Gold Trading Up 9.7%

FF traded up C$0.06 on Thursday, hitting C$0.68. The company had a trading volume of 5,827,038 shares, compared to its average volume of 4,125,175. The business’s fifty day simple moving average is C$0.51 and its 200 day simple moving average is C$0.54. The company has a quick ratio of 1.01, a current ratio of 2.16 and a debt-to-equity ratio of 0.07. First Mining Gold Corp. has a 12-month low of C$0.15 and a 12-month high of C$0.86. The company has a market cap of C$941.25 million, a PE ratio of -11.33 and a beta of 0.86.

First Mining Gold (TSE:FFGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. Equities research analysts expect that First Mining Gold Corp. will post -0.05 EPS for the current year.

Wall Street Analyst Weigh In

Separately, HC Wainwright lifted their price objective on shares of First Mining Gold from C$1.10 to C$1.20 in a research note on Wednesday, June 17th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$0.95.

Check Out Our Latest Stock Analysis on First Mining Gold

About First Mining Gold

(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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