First Mining Gold (TSE:FF) Given a C$0.70 Price Target by National Bankshares Analysts

National Bankshares set a C$0.70 price target on First Mining Gold (TSE:FF) in a research report released on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

First Mining Gold Stock Down 2.9%

FF stock opened at C$0.33 on Monday. First Mining Gold has a twelve month low of C$0.12 and a twelve month high of C$0.35. 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 company has a market capitalization of C$421.86 million, a P/E ratio of -30.21 and a beta of 0.81. The firm has a 50 day simple moving average of C$0.28 and a 200-day simple moving average of C$0.21.

About First Mining Gold

First Mining is a Canadian gold developer focused on the development and permitting of the Springpole Gold Project in northwestern Ontario. Springpole is one of the largest undeveloped gold projects in Canada. The results of a positive Pre-Feasibility Study for the Springpole Gold Project were announced by First Mining in January 2021, and permitting activities are on-going with submission of an Environmental Impact Statement for the project targeted for 2021.