First Mining Gold (TSE:FF) Trading 13.6% Higher – Still a Buy?

First Mining Gold Corp. (TSE:FF)’s stock price traded up 13.6% during trading on Friday . The company traded as high as C$0.68 and last traded at C$0.67. 5,749,816 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 4,088,371 shares. The stock had previously closed at C$0.59.

Wall Street Analyst Weigh In

Separately, HC Wainwright increased their target price on First Mining Gold from C$1.10 to C$1.20 in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$0.95.

First Mining Gold Trading Up 15.3%

The firm has a market capitalization of C$941.25 million, a PE ratio of -11.33 and a beta of 0.86. The company’s 50-day simple moving average is C$0.50 and its 200 day simple moving average is C$0.54. The company has a quick ratio of 1.01, a current ratio of 2.16 and a debt-to-equity ratio of 0.07.

First Mining Gold (TSE:FF) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, sell-side analysts expect that First Mining Gold Corp. will post -0.05 EPS for the current year.

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.