Key Points
- Insider purchase: Richard Huang bought 36,000 shares on March 20 at an average price of C$0.40 (C$14,400), raising his holdings to 2,219,766 shares — a 1.65% increase valued at C$887,906.40.
- Company financials: First Mining reported a quarterly EPS loss of C($0.02) with analysts forecasting about C($0.05) for the fiscal year; the stock trades in a 12‑month range of C$0.12–C$0.86 and the company has a market cap of roughly C$690.9M.
- Analyst outlook: HC Wainwright raised its target from C$0.45 to C$1.00, and the consensus rating is a Buy with a consensus target price of C$0.85.
First Mining Gold Corp. (TSE:FF - Get Free Report) insider Richard Huang acquired 36,000 shares of the stock in a transaction on Friday, March 20th. The shares were acquired at an average price of C$0.40 per share, with a total value of C$14,400.00. Following the purchase, the insider owned 2,219,766 shares in the company, valued at C$887,906.40. This represents a 1.65% increase in their ownership of the stock.
First Mining Gold Stock Performance
TSE FF opened at C$0.50 on Friday. The company's fifty day moving average price is C$0.58 and its two-hundred day moving average price is C$0.47. The company has a market capitalization of C$690.87 million, a price-to-earnings ratio of -25.00 and a beta of 0.65. First Mining Gold Corp. has a 12 month low of C$0.12 and a 12 month high of C$0.86. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.43 and a quick ratio of 1.01.
First Mining Gold (TSE:FF - Get Free Report) last issued its earnings results on Monday, March 30th. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, research analysts predict that First Mining Gold Corp. will post -0.05 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Separately, HC Wainwright lifted 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 Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of C$0.85.
View Our Latest Stock Analysis on First Mining Gold
About First Mining Gold
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
