First Mining Gold (TSE:FF) Price Target Raised to C$1.00 at HC Wainwright

First Mining Gold (TSE:FF) had its target price upped by HC Wainwright from C$0.45 to C$1.00 in a research report report published on Tuesday,BayStreet.CA reports.

Separately, National Bankshares set a C$0.70 price objective on shares of First Mining Gold and gave the stock an “outperform” rating in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, the company has an average rating of “Strong Buy” and a consensus price target of C$0.85.

First Mining Gold Trading Up 9.2%

Shares of First Mining Gold stock opened at C$0.71 on Tuesday. First Mining Gold has a fifty-two week low of C$0.12 and a fifty-two week high of C$0.86. The business’s fifty day moving average is C$0.56 and its two-hundred day moving average is C$0.36. The company has a quick ratio of 1.01, a current ratio of 1.30 and a debt-to-equity ratio of 0.12. The firm has a market cap of C$964.23 million, a PE ratio of -35.50 and a beta of 1.31.

First Mining Gold (TSE:FF) last released its earnings results on Thursday, November 13th. The company reported C($0.02) EPS for the quarter. Analysts anticipate that First Mining Gold will post -0.05 earnings per share for the current year.

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. The Company also holds a large equity position in Treasury Metals Inc who are advancing the Goliath-Goldlund gold projects towards construction.