Keith Neumeyer Acquires 396,500 Shares of First Mining Gold (TSE:FF) Stock

First Mining Gold Corp. (TSE:FFGet Free Report) Director Keith Neumeyer bought 396,500 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was purchased at an average price of C$0.40 per share, with a total value of C$158,600.00. Following the transaction, the director directly owned 43,739,313 shares in the company, valued at C$17,495,725.20. The trade was a 0.91% increase in their ownership of the stock.

First Mining Gold Trading Up 10.8%

Shares of First Mining Gold stock traded up C$0.05 during trading on Tuesday, reaching C$0.52. The company’s stock had a trading volume of 2,326,565 shares, compared to its average volume of 5,377,497. The company has a quick ratio of 1.01, a current ratio of 3.43 and a debt-to-equity ratio of 0.08. The company has a market cap of C$711.60 million, a price-to-earnings ratio of -25.75 and a beta of 0.65. The firm’s 50-day moving average is C$0.59 and its two-hundred day moving average is C$0.47. First Mining Gold Corp. has a 52-week low of C$0.12 and a 52-week high of C$0.86.

First Mining Gold (TSE:FFGet Free Report) last posted its quarterly earnings results on Monday, March 30th. The company reported C($0.02) earnings per share (EPS) for the quarter. On average, sell-side analysts anticipate that First Mining Gold Corp. will post -0.05 earnings per share for the current year.

Analysts Set New Price Targets

Separately, HC Wainwright raised their price target on First Mining Gold from C$0.45 to C$1.00 in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$0.85.

View Our Latest Research Report on First Mining Gold

About First Mining Gold

(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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