Haywood Securities Upgrades First Mining Gold (TSE:FF) to “Strong-Buy”

Haywood Securities upgraded shares of First Mining Gold (TSE:FF) to a strong-buy rating in a research note published on Friday morning,Zacks.com reports.

First Mining Gold Stock Performance

Shares of FF stock opened at C$0.15 on Friday. The company has a market capitalization of C$153.63 million, a P/E ratio of -3.24 and a beta of 0.99. First Mining Gold has a 12-month low of C$0.12 and a 12-month high of C$0.19. The company has a quick ratio of 1.01, a current ratio of 1.30 and a debt-to-equity ratio of 0.12. The firm has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.13.

Insider Buying and Selling

In other news, Director Keith Neumeyer acquired 250,000 shares of First Mining Gold stock in a transaction on Friday, January 10th. The shares were purchased at an average price of C$0.12 per share, with a total value of C$30,000.00. 4.18% of the stock is owned by corporate insiders.

About First Mining Gold

First Mining Gold Corp. engages in the acquisition, development, and exploration of mineral properties in Canada. It primarily explores for gold and silver deposits. The company holds interests in the Springpole Gold Project located in northwestern Ontario; Duparquet Gold Project, located on the destor-porcupine fault zone in the Abitibi region of Quebec, Canada; and the Cameron Gold Project located approximately 80 km southeast of Kenora in northwestern Ontario.