First Mining Gold (TSE:FF) Trading Down 3.4% – Time to Sell?

Shares of First Mining Gold Corp. (TSE:FFGet Free Report) traded down 3.4% during mid-day trading on Tuesday . The stock traded as low as C$0.41 and last traded at C$0.42. 2,091,976 shares were traded during trading, a decline of 49% from the average session volume of 4,075,665 shares. The stock had previously closed at C$0.44.

First Mining Gold Stock Performance

The firm’s 50 day moving average price is C$0.49 and its 200-day moving average price is C$0.53. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 2.16. The firm has a market capitalization of C$581.36 million, a PE ratio of -7.00 and a beta of 0.86.

First Mining Gold (TSE:FFGet Free Report) last posted its earnings results on Tuesday, May 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, research analysts expect that First Mining Gold Corp. will post -0.05 EPS for the current year.

Insider Buying and Selling at First Mining Gold

In related news, Director Keith Neumeyer purchased 396,500 shares of First Mining Gold stock in a transaction that occurred on Monday, March 23rd. The stock was purchased at an average price of C$0.40 per share, for a total transaction of C$158,600.00. Following the transaction, the director directly owned 43,739,313 shares in the company, valued at approximately C$17,495,725.20. This trade represents a 0.91% increase in their ownership of the stock. 4.18% of the stock is currently owned by company insiders.

First Mining Gold Company Profile

(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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