First Mining Gold (TSE:FF) Insider Stephen Andrew Lines Sells 403,000 Shares

First Mining Gold Corp. (TSE:FF) insider Stephen Andrew Lines sold 403,000 shares of the company’s stock in a transaction on 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 represents a 29.78% decrease in their ownership of the stock.

Stephen Andrew Lines also recently made the following trade(s):

• On Thursday, February 19th, Stephen Andrew Lines sold 127,500 shares of First Mining Gold stock. The stock was sold at an average price of C$0.60, for a total transaction of C$76,500.00.

First Mining Gold Stock Performance

Shares of FF stock traded down C$0.01 during midday trading on Friday, hitting C$0.56. 923,689 shares of the company were exchanged, compared to its average volume of 5,997,656. The firm has a market capitalization of C$773.78 million, a P/E ratio of -28.00 and a beta of 0.65. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.01 and a current ratio of 3.43. The firm’s 50 day moving average price is C$0.61 and its two-hundred day moving average price is C$0.43. First Mining Gold Corp. has a 52 week low of C$0.12 and a 52 week high of C$0.86.

Analysts Set New Price Targets

Separately, HC Wainwright upped their target price on 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 Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, First Mining Gold currently has a consensus rating of “Strong Buy” and a consensus target price of C$0.85.

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.