Insider Buying: First Mining Gold (TSE:FF) Insider Acquires C$50,400.00 in Stock

First Mining Gold Corp. (TSE:FF) insider Stephen Andrew Lines bought 60,000 shares of the stock in a transaction dated 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 completion of the purchase, the insider directly owned 729,507 shares of the company’s stock, valued at approximately C$612,785.88. This represents a 8.96% increase in their ownership of the stock.

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 acquired at an average cost of C$0.69 per share, with a total value of C$50,000.16.

First Mining Gold Stock Performance

First Mining Gold stock opened at C$0.84 on Thursday. The stock has a 50 day moving average of C$0.80 and a 200-day moving average of C$0.62. The stock has a market cap of C$1.18 billion, a P/E ratio of -14.00 and a beta of 0.98. First Mining Gold Corp. has a 52 week low of C$0.27 and a 52 week high of C$0.98. The company has a current ratio of 1.79, a quick ratio of 1.01 and a debt-to-equity ratio of 0.06.

First Mining Gold (TSE:FF) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter. On average, analysts expect that First Mining Gold Corp. will post -0.05 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright raised their target price on First Mining Gold from C$1.20 to C$1.40 in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$1.05.

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.