First Mining Gold (TSE:FF) Trading Down 2% – What’s Next?

Shares of First Mining Gold Corp. (TSE:FF) traded down 2% during trading on Friday . The company traded as low as C$0.12 and last traded at C$0.12. 1,148,571 shares were traded during mid-day trading, a decline of 1% from the average session volume of 1,157,360 shares. The stock had previously closed at C$0.12.

Analysts Set New Price Targets

Separately, HC Wainwright lowered their price objective on First Mining Gold from C$0.80 to C$0.35 in a research note on Tuesday, November 12th.

First Mining Gold Trading Down 2.0 %

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.01 and a current ratio of 1.16. The company has a market capitalization of C$122.40 million, a price-to-earnings ratio of -3.00 and a beta of 0.99. The business’s 50-day simple moving average is C$0.13 and its 200-day simple moving average is C$0.13.

Insider Transactions at First Mining Gold

In other First Mining Gold news, Director Keith Neumeyer bought 250,000 shares of First Mining Gold stock in a transaction on Tuesday, November 26th. The shares were purchased at an average cost of C$0.13 per share, for a total transaction of C$32,500.00. Corporate insiders own 4.18% of the company’s stock.

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.