First Mining Gold (TSE:FF) Director Buys C$195,000.00 in Stock

First Mining Gold Corp. (TSE:FF) Director Keith Neumeyer bought 250,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average cost of C$0.78 per share, with a total value of C$195,000.00. Following the completion of the purchase, the director directly owned 46,592,813 shares in the company, valued at C$36,342,394.14. This represents a 0.54% increase in their ownership of the stock.

Keith Neumeyer also recently made the following trade(s):

• On Wednesday, July 1st, Keith Neumeyer purchased 103,500 shares of First Mining Gold stock. The stock was bought at an average cost of C$0.77 per share, for a total transaction of C$79,695.00.

First Mining Gold Stock Up 9.7%

FF stock traded up C$0.06 during mid-day trading on Thursday, reaching C$0.68. The company had a trading volume of 5,827,038 shares, compared to its average volume of 4,125,175. The firm has a fifty day simple moving average of C$0.51 and a 200 day simple moving average of C$0.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 2.16. The company has a market capitalization of C$941.25 million, a price-to-earnings ratio of -11.33 and a beta of 0.86. First Mining Gold Corp. has a fifty-two week low of C$0.15 and a fifty-two week high of C$0.86.

First Mining Gold (TSE:FF) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C($0.01) EPS for the quarter. Analysts forecast that First Mining Gold Corp. will post -0.05 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, HC Wainwright increased their target price on First Mining Gold from C$1.10 to C$1.20 in a report on Wednesday, June 17th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, First Mining Gold has a consensus rating of “Buy” and a consensus price target of C$0.95.

First Mining Gold Company Profile

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.