HC Wainwright Increases First Mining Gold (TSE:FF) Price Target to C$1.40

First Mining Gold (TSE:FF) had its price target boosted by stock analysts at HC Wainwright from C$1.20 to C$1.40 in a report released on Monday,BayStreet.CA reports. HC Wainwright’s price target indicates a potential upside of 91.78% from the stock’s previous close.

First Mining Gold Stock Up 1.4%

Shares of First Mining Gold stock traded up C$0.01 on Monday, hitting C$0.73. The company had a trading volume of 3,203,268 shares, compared to its average volume of 4,123,843. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 2.16. First Mining Gold has a 1 year low of C$0.15 and a 1 year high of C$0.86. The stock has a market capitalization of C$1.01 billion, a price-to-earnings ratio of -12.17 and a beta of 0.85. The stock has a 50 day moving average of C$0.52 and a 200-day moving average of C$0.55.

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

Insider Activity at First Mining Gold

In other First Mining Gold news, insider Richard Huang bought 100,000 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The stock was purchased at an average price of C$0.70 per share, for a total transaction of C$70,000.00. Following the completion of the transaction, the insider owned 2,339,766 shares of the company’s stock, valued at C$1,637,836.20. This trade represents a 4.46% increase in their position. Also, Director Keith Neumeyer purchased 250,000 shares of the firm’s 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 acquisition, the director owned 46,592,813 shares of the company’s stock, valued at approximately C$36,342,394.14. This trade represents a 0.54% increase in their ownership of the stock. In the last three months, insiders purchased 453,500 shares of company stock valued at $344,695. 4.18% of the stock is owned by insiders.

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.