Stephen Andrew Lines Buys 72,464 Shares of First Mining Gold (TSE:FF) Stock

First Mining Gold Corp. (TSE:FFGet Free Report) insider Stephen Andrew Lines purchased 72,464 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The stock was bought at an average cost of C$0.69 per share, with a total value of C$50,000.16. Following the completion of the purchase, the insider owned 669,507 shares of the company’s stock, valued at C$461,959.83. This represents a 12.14% increase in their ownership of the stock.

First Mining Gold Stock Performance

First Mining Gold stock opened at C$0.67 on Friday. The stock’s 50 day simple moving average is C$0.53 and its two-hundred day simple moving average is C$0.55. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 2.16. The stock has a market cap of C$927.41 million, a price-to-earnings ratio of -11.17 and a beta of 0.85. First Mining Gold Corp. has a fifty-two week low of C$0.15 and a fifty-two week high of C$0.86.

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

Analysts Set New Price Targets

Separately, HC Wainwright raised their price objective on First Mining Gold from C$1.20 to C$1.40 in a research report on Monday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, First Mining Gold presently has a consensus rating of “Buy” and a consensus price target of C$1.05.

View Our Latest Stock Report on FF

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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Insider Buying and Selling by Quarter for First Mining Gold (TSE:FF)

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