First Mining Gold (TSE:FF) Announces Earnings Results

First Mining Gold (TSE:FF) released its earnings results on Monday. The company reported C($0.02) earnings per share (EPS) for the quarter, reports.

First Mining Gold Trading Up 3.3%

First Mining Gold stock opened at C$0.47 on Tuesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.01 and a current ratio of 3.43. First Mining Gold has a fifty-two week low of C$0.12 and a fifty-two week high of C$0.86. The stock has a market cap of C$642.51 million, a P/E ratio of -23.25 and a beta of 0.65. The firm’s fifty day moving average price is C$0.59 and its 200-day moving average price is C$0.47.

Analyst Ratings Changes

Separately, HC Wainwright lifted their price objective on shares of First Mining Gold from C$0.45 to C$1.00 in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$0.85.

Insider Buying and Selling

In other news, insider Stephen Andrew Lines sold 403,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of C$0.60, for a total transaction of C$241,800.00. Following the sale, the insider owned 950,450 shares in the company, valued at approximately C$570,270. This trade represents a 29.78% decrease in their position. 4.18% of the stock is currently owned by insiders.

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.