First Mining Gold (TSE:FF) Trading 4.2% Higher on Insider Buying Activity

Shares of First Mining Gold Corp. (TSE:FFGet Free Report) traded up 4.2% during mid-day trading on Tuesday after an insider bought additional shares in the company. The company traded as high as C$0.13 and last traded at C$0.13. 192,595 shares were traded during trading, a decline of 68% from the average session volume of 609,280 shares. The stock had previously closed at C$0.12.

Specifically, Director Keith Neumeyer acquired 250,000 shares of the firm’s stock in a transaction on Monday, March 18th. The shares were purchased at an average price of C$0.13 per share, with a total value of C$31,250.00. Insiders own 4.31% of the company’s stock.

Analyst Ratings Changes

Separately, HC Wainwright cut their target price on shares of First Mining Gold from C$0.80 to C$0.70 in a research report on Tuesday, January 9th.

Read Our Latest Stock Analysis on FF

First Mining Gold Price Performance

The firm has a market capitalization of C$105.52 million, a price-to-earnings ratio of -11.50 and a beta of 0.92. The business’s 50-day moving average is C$0.12 and its two-hundred day moving average is C$0.13. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 0.72.

First Mining Gold Company Profile

(Get Free Report)

First Mining Gold Corp. develops and explores for gold projects. It also explores for silver and copper deposits. The company primarily holds interests in the Springpole Gold Project located in northwestern Ontario. First Mining Gold Corp. was founded in 2015 and is headquartered in Vancouver, Canada.

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