First Mining Gold (TSE:FF) Insider Buys C$70,000.00 in Stock

First Mining Gold Corp. (TSE:FF) insider Richard Huang purchased 100,000 shares of First Mining Gold stock in a transaction dated Thursday, July 2nd. The stock was acquired at an average price of C$0.70 per share, for a total transaction of C$70,000.00. Following the completion of the acquisition, the insider owned 2,339,766 shares of the company’s stock, valued at approximately C$1,637,836.20. This trade represents a 4.46% increase in their position.

First Mining Gold Trading Up 9.7%

Shares of FF stock traded up C$0.06 on Thursday, reaching C$0.68. 5,827,038 shares of the company’s stock were exchanged, compared to its average volume of 4,125,175. The company’s fifty day simple moving average is C$0.51 and its 200 day simple moving average is C$0.54. First Mining Gold Corp. has a 52 week low of C$0.15 and a 52 week high of C$0.86. The company has a current ratio of 2.16, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of C$941.25 million, a PE ratio of -11.33 and a beta of 0.86.

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. As a group, analysts forecast that First Mining Gold Corp. will post -0.05 EPS for the current year.

Analysts Set New Price Targets

Separately, HC Wainwright raised their price target on shares of First Mining Gold from C$1.10 to C$1.20 in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$0.95.

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.