Richard Huang Buys 36,000 Shares of First Mining Gold (TSE:FF) Stock

First Mining Gold Corp. (TSE:FF) insider Richard Huang purchased 36,000 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average cost of C$0.40 per share, with a total value of C$14,400.00. Following the purchase, the insider owned 2,219,766 shares in the company, valued at C$887,906.40. This represents a 1.65% increase in their position.

First Mining Gold Price Performance

Shares of FF opened at C$0.50 on Monday. The firm has a market cap of C$690.87 million, a PE ratio of -7.14 and a beta of 0.97. The firm’s 50 day moving average price is C$0.58 and its 200 day moving average price is C$0.47. 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 Corp. has a twelve month low of C$0.12 and a twelve month high of C$0.86.

First Mining Gold (TSE:FF) last posted its earnings results on Monday, March 30th. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, research analysts expect that First Mining Gold Corp. will post -0.05 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, HC Wainwright upped their price objective on shares of First Mining Gold from C$0.45 to C$1.00 in a report on Tuesday, February 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat, First Mining Gold presently has a consensus rating of “Buy” and an average price target of C$0.85.

About First Mining Gold

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.