First Mining Gold (TSE:FF) Insider Purchases 72,464 Shares

First Mining Gold Corp. (TSE:FF) insider Stephen Andrew Lines bought 72,464 shares of First Mining Gold stock in a transaction that occurred on Wednesday, July 8th. The shares were acquired at an average price of C$0.69 per share, with a total value of C$50,000.16. Following the completion of the acquisition, the insider directly owned 669,507 shares of the company’s stock, valued at C$461,959.83. This represents a 12.14% increase in their position.

First Mining Gold Price Performance

Shares of TSE FF traded down C$0.01 during trading on Wednesday, hitting C$0.68. The company had a trading volume of 3,806,655 shares, compared to its average volume of 4,138,187. The company has a market cap of C$941.25 million, a P/E ratio of -11.33 and a beta of 0.85. First Mining Gold Corp. has a 52 week low of C$0.15 and a 52 week high of C$0.86. The business’s 50-day moving average is C$0.53 and its 200 day moving average is C$0.55. 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 (TSE:FF) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C($0.01) EPS for the quarter. Equities research 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 increased their price target on First Mining Gold from C$1.20 to C$1.40 in a research report on Monday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$1.05.

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.