First Mining Gold (TSE:FF) Insider Richard Huang Purchases 100,000 Shares

First Mining Gold Corp. (TSE:FF) insider Richard Huang acquired 100,000 shares of the business’s stock in a transaction that occurred on 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 directly owned 2,339,766 shares of the company’s stock, valued at C$1,637,836.20. This trade represents a 4.46% increase in their ownership of the stock.

First Mining Gold Price Performance

FF opened at C$0.69 on Friday. The company has a fifty day moving average price of C$0.51 and a two-hundred day moving average price of C$0.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 2.16. First Mining Gold Corp. has a 52 week low of C$0.15 and a 52 week high of C$0.86. The firm has a market capitalization of C$955.10 million, a PE ratio of -11.50 and a beta of 0.86.

First Mining Gold (TSE:FF) last issued its earnings results on Tuesday, May 12th. The company reported C($0.01) EPS for the quarter. As a group, analysts anticipate that First Mining Gold Corp. will post -0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright increased their target price on First Mining Gold from C$1.10 to C$1.20 in a research note on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average 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.