First Mining Gold (TSE:FF) Trading Up 5.2% – Time to Buy?

First Mining Gold Corp. (TSE:FF)’s share price was up 5.2% on Thursday . The stock traded as high as C$0.61 and last traded at C$0.61. Approximately 659,404 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 6,351,954 shares. The stock had previously closed at C$0.58.

Wall Street Analysts Forecast Growth

FF has been the topic of several recent research reports. National Bank Financial set a C$0.70 price objective on shares of First Mining Gold and gave the stock an “outperform” rating in a research report on Monday, November 3rd. HC Wainwright upped their price target on shares of First Mining Gold from C$0.45 to C$1.00 in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and an average price target of C$0.85.

First Mining Gold Trading Down 4.7%

The company has a market cap of C$828.43 million, a PE ratio of -30.50 and a beta of 1.31. The company has a current ratio of 1.30, a quick ratio of 1.01 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of C$0.60 and a two-hundred day simple moving average of C$0.40.

About First Mining Gold

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.