Insider Buying: First Mining Gold (TSE:FF) Insider Acquires 60,000 Shares of Stock

First Mining Gold Corp. (TSE:FF) insider Stephen Andrew Lines acquired 60,000 shares of the business’s stock in a transaction on Friday, September 18th. The stock was purchased at an average price of C$0.84 per share, for a total transaction of C$50,400.00. Following the acquisition, the insider directly owned 729,507 shares in the company, valued at 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 acquired 72,464 shares of First Mining Gold stock. The stock was purchased at an average cost of C$0.69 per share, with a total value of C$50,000.16.

First Mining Gold Price Performance

Shares of First Mining Gold stock remained flat at C$0.86 during trading hours on Monday. The stock had a trading volume of 9,443,477 shares, compared to its average volume of 4,431,315. The stock has a fifty day moving average of C$0.79 and a 200 day moving average of C$0.62. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.01 and a current ratio of 1.79. The stock has a market cap of C$1.21 billion, a P/E ratio of -14.33 and a beta of 0.98. First Mining Gold Corp. has a 12 month low of C$0.27 and a 12 month high of C$0.98.

First Mining Gold (TSE:FF) last released its quarterly earnings results on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter. As a group, equities research analysts predict that First Mining Gold Corp. will post -0.05 EPS for the current year.

Wall Street Analyst Weigh In

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