First Mining Gold (TSE:FF) Hits New 52-Week Low at $0.21

First Mining Gold Corp. (TSE:FFGet Rating)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.21 and last traded at C$0.21, with a volume of 374690 shares changing hands. The stock had previously closed at C$0.21.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reduced their price objective on First Mining Gold from C$1.00 to C$0.90 and set a “buy” rating on the stock in a research note on Monday, September 19th.

First Mining Gold Price Performance

The company has a 50 day moving average of C$0.21 and a 200-day moving average of C$0.22. The stock has a market capitalization of C$163.72 million and a P/E ratio of -22.78. The company has a quick ratio of 2.55, a current ratio of 2.66 and a debt-to-equity ratio of 0.17.

First Mining Gold Company Profile

(Get Rating)

First Mining Gold Corp. develops and explores for gold projects. It also explores for silver, copper, and iron ore deposits. The company primarily holds interests in the Springpole Gold Project located in northwestern Ontario. It holds a portfolio of 8 mineral assets located in Canada and the United States, as well as has an option to acquire an 80% interest in Pelangio's Birch Lake and Birch Lake West properties located in northwestern Ontario.

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