Insider Selling: First Mining Gold (TSE:FF) Insider Sells 166,000 Shares of Stock

First Mining Gold Corp. (TSE:FFGet Free Report) insider James Maxwell sold 166,000 shares of First Mining Gold stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of C$0.92, for a total transaction of C$152,720.00. Following the completion of the sale, the insider owned 1,848,676 shares in the company, valued at approximately C$1,700,781.92. This represents a 8.24% decrease in their ownership of the stock.

First Mining Gold Price Performance

TSE FF remained flat at C$0.86 on Monday. 9,443,477 shares of the company’s stock traded hands, compared to its average volume of 4,431,315. First Mining Gold Corp. has a 1 year low of C$0.27 and a 1 year high of C$0.98. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.01 and a current ratio of 1.79. The stock has a market cap of C$1.21 billion, a PE ratio of -14.33 and a beta of 0.98. The firm’s 50 day simple moving average is C$0.79 and its 200-day simple moving average is C$0.62.

First Mining Gold (TSE:FFGet Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter. On average, sell-side analysts anticipate that First Mining Gold Corp. will post -0.05 earnings per share for the current year.

Analysts Set New Price Targets

Separately, HC Wainwright lifted their target price on First Mining Gold from C$1.20 to C$1.40 in a research note on Monday, July 6th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$1.05.

Check Out Our Latest Report on First Mining Gold

First Mining Gold Company Profile

(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.

Further Reading

Insider Buying and Selling by Quarter for First Mining Gold (TSE:FF)

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