First Mining Gold (TSE:FF) Stock Price Up 4.2% on Insider Buying Activity

First Mining Gold Corp. (TSE:FF)’s stock price traded up 4.2% 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. 1,071,130 shares traded hands during trading, an increase of 18% from the average session volume of 909,428 shares. The stock had previously closed at C$0.12.

Specifically, Director Keith Neumeyer bought 250,000 shares of First Mining Gold stock in a transaction dated Thursday, April 3rd. The stock was bought at an average price of C$0.13 per share, for a total transaction of C$31,250.00.

Wall Street Analyst Weigh In

Separately, Haywood Securities raised First Mining Gold to a “strong-buy” rating in a research note on Friday, March 21st.

First Mining Gold Stock Up 4.2 %

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.30 and a quick ratio of 1.01. The business has a 50 day simple moving average of C$0.13 and a 200 day simple moving average of C$0.13. The stock has a market cap of C$132.44 million, a PE 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.