First Mining Gold Corp. (TSE:FF – Get Free Report)’s share price traded up 4.2% during trading on Tuesday after an insider bought additional shares in the company. The stock traded as high as C$0.13 and last traded at C$0.13. 1,086,630 shares changed hands during trading, an increase of 19% from the average session volume of 910,884 shares. The stock had previously closed at C$0.12.
Specifically, Director Keith Neumeyer purchased 250,000 shares of First Mining Gold stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average price of C$0.13 per share, with a total value of C$31,250.00.
Wall Street Analyst Weigh In
Separately, Haywood Securities upgraded First Mining Gold to a “strong-buy” rating in a research note on Friday, March 21st.
First Mining Gold Price Performance
The firm has a fifty day moving average of C$0.13 and a 200 day moving average of C$0.13. 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$132.44 million, a P/E ratio of -2.79 and a beta of 0.99.
About First Mining Gold
First Mining Gold Corp. engages in the acquisition, development, and exploration of mineral properties in Canada. It primarily explores for gold and silver deposits. The company holds interests in the Springpole Gold Project located in northwestern Ontario; Duparquet Gold Project, located on the destor-porcupine fault zone in the Abitibi region of Quebec, Canada; and the Cameron Gold Project located approximately 80 km southeast of Kenora in northwestern Ontario.
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