First Mining Gold (TSE:FF) Price Target Raised to C$1.60

First Mining Gold (TSE:FF – Free Report) had its target price upped by Ventum Financial from C$1.40 to C$1.60 in a research report report published on Tuesday,BayStreet reports. They currently have a buy rating on the stock.

Separately, HC Wainwright upped their price objective on shares of First Mining Gold from C$1.20 to C$1.40 in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, First Mining Gold currently has a consensus rating of “Buy” and an average price target of C$1.23.

View Our Latest Report on First Mining Gold

First Mining Gold Stock Performance

Shares of First Mining Gold stock opened at C$0.66 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.79 and a debt-to-equity ratio of 0.06. First Mining Gold has a 52 week low of C$0.27 and a 52 week high of C$0.98. The firm’s 50 day moving average is C$0.83 and its two-hundred day moving average is C$0.65. The firm has a market capitalization of C$983.50 million, a P/E ratio of -11.00 and a beta of 1.02.

First Mining Gold (TSE:FF – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. Research analysts forecast that First Mining Gold will post -0.05 EPS for the current fiscal year.

Insider Activity at First Mining Gold

In other First Mining Gold news, insider Stephen Andrew Lines bought 60,000 shares of the stock in a transaction dated Friday, September 18th. The shares were acquired at an average cost of C$0.84 per share, for a total transaction of C$50,400.00. Following the completion of 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 position. Also, insider James Maxwell sold 166,000 shares of the firm’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 transaction of C$152,720.00. Following the transaction, the insider owned 1,848,676 shares in the company, valued at approximately C$1,700,781.92. This trade represents a 8.24% decrease in their ownership of the stock. 4.18% of the stock is currently owned by corporate insiders.

First Mining Gold Company Profile

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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

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