Key Points
- Insider buying: Stephen Andrew Lines purchased 60,000 First Mining Gold shares at C$0.84 each for C$50,400, increasing his holdings by 8.96% to 729,507 shares.
- Stock performance: First Mining Gold opened at C$0.86, compared with a 12-month range of C$0.27 to C$0.98. Its 50-day and 200-day moving averages were C$0.79 and C$0.62, respectively.
- Analyst outlook: HC Wainwright raised its price target to C$1.40, while the stock held an overall “Buy” rating and an average target of C$1.05.
First Mining Gold Corp. (TSE:FF - Get Free Report) insider Stephen Andrew Lines bought 60,000 shares of the company's stock in a transaction on Friday, September 18th. The shares were acquired at an average price of C$0.84 per share, with a total value of C$50,400.00. Following the transaction, the insider directly owned 729,507 shares in the company, valued at approximately C$612,785.88. The trade was a 8.96% increase in their position.
Stephen Andrew Lines also recently made the following trade(s):
- On Wednesday, July 8th, Stephen Andrew Lines purchased 72,464 shares of First Mining Gold stock. The stock was bought at an average cost of C$0.69 per share, for a total transaction of C$50,000.16.
First Mining Gold Price Performance
TSE:FF opened at C$0.86 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.79 and a debt-to-equity ratio of 0.06. First Mining Gold Corp. has a 12-month low of C$0.27 and a 12-month high of C$0.98. The stock's fifty day simple moving average is C$0.79 and its 200-day simple moving average is C$0.62. The firm has a market capitalization of C$1.21 billion, a P/E ratio of -14.33 and a beta of 0.98.
First Mining Gold (TSE:FF - Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter. Equities research analysts expect that First Mining Gold Corp. will post -0.05 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, HC Wainwright upped their price target on First Mining Gold from C$1.20 to C$1.40 in a research note on Monday, July 6th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of C$1.05.
View Our Latest Stock Analysis 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.
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