Keith Neumeyer Purchases 250,000 Shares of First Mining Gold (TSE:FF) Stock

First Mining Gold Corp. (TSE:FF) Director Keith Neumeyer acquired 250,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average cost of C$0.78 per share, with a total value of C$195,000.00. Following the completion of the transaction, the director directly owned 46,592,813 shares in the company, valued at approximately C$36,342,394.14. The trade was a 0.54% increase in their position.

Keith Neumeyer also recently made the following trade(s):

• On Wednesday, July 1st, Keith Neumeyer purchased 103,500 shares of First Mining Gold stock. The shares were bought at an average price of C$0.77 per share, with a total value of C$79,695.00.

First Mining Gold Trading Up 9.7%

Shares of First Mining Gold stock traded up C$0.06 on Thursday, reaching C$0.68. The company had a trading volume of 5,827,038 shares, compared to its average volume of 4,125,175. The firm’s 50 day moving average price is C$0.51 and its two-hundred day moving average price is C$0.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 2.16. First Mining Gold Corp. has a 52-week low of C$0.15 and a 52-week high of C$0.86. The firm 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:FF) last posted its earnings results on Tuesday, May 12th. The company reported C($0.01) earnings per share for the quarter. Sell-side analysts predict that First Mining Gold Corp. will post -0.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lifted their target price on First Mining Gold from C$1.10 to C$1.20 in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, First Mining Gold currently has an average rating of “Buy” and an average target price of C$0.95.

First Mining Gold Company Profile

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.