HC Wainwright Raises First Mining Gold (TSE:FF) Price Target to C$1.20

First Mining Gold (TSE:FFGet Free Report) had its target price lifted by stock analysts at HC Wainwright from C$1.10 to C$1.20 in a report issued on Wednesday,BayStreet.CA reports. HC Wainwright’s price objective points to a potential upside of 100.00% from the stock’s previous close.

First Mining Gold Price Performance

Shares of TSE:FF traded down C$0.01 during trading on Wednesday, hitting C$0.60. 5,552,814 shares of the company were exchanged, compared to its average volume of 4,152,384. The business’s 50 day moving average is C$0.48 and its 200-day moving average is C$0.53. The company has a market capitalization of C$830.52 million, a P/E ratio of -10.00 and a beta of 0.86. 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 has a 1-year low of C$0.15 and a 1-year high of C$0.86.

First Mining Gold (TSE:FFGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C($0.01) earnings per share for the quarter. Equities analysts forecast that First Mining Gold will post -0.05 earnings per share for the current year.

Insider Buying and Selling at First Mining Gold

In other First Mining Gold news, Director Keith Neumeyer acquired 396,500 shares of First Mining Gold stock in a transaction that occurred on Monday, March 23rd. The shares were bought at an average price of C$0.40 per share, with a total value of C$158,600.00. Following the completion of the purchase, the director directly owned 43,739,313 shares in the company, valued at C$17,495,725.20. This trade represents a 0.91% increase in their position. 4.18% of the stock is currently owned by corporate insiders.

About First Mining Gold

(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.

Further Reading

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