First Mining Gold (TSE:FF) Insider Sells C$241,800.00 in Stock

First Mining Gold Corp. (TSE:FF) insider Stephen Andrew Lines sold 403,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of C$0.60, for a total transaction of C$241,800.00. Following the transaction, the insider directly owned 950,450 shares in the company, valued at approximately C$570,270. This represents a 29.78% decrease in their ownership of the stock.

Stephen Andrew Lines also recently made the following trade(s):

• On Thursday, February 19th, Stephen Andrew Lines sold 127,500 shares of First Mining Gold stock. The shares were sold at an average price of C$0.60, for a total transaction of C$76,500.00.

First Mining Gold Stock Performance

Shares of TSE:FF traded down C$0.01 on Friday, reaching C$0.56. 923,689 shares of the company’s stock were exchanged, compared to its average volume of 5,997,656. The company has a fifty day moving average of C$0.61 and a 200-day moving average of C$0.43. First Mining Gold Corp. has a twelve month low of C$0.12 and a twelve month high of C$0.86. The company has a market capitalization of C$773.78 million, a price-to-earnings ratio of -28.00 and a beta of 0.65. The company has a current ratio of 3.43, a quick ratio of 1.01 and a debt-to-equity ratio of 0.08.

Analysts Set New Price Targets

Separately, HC Wainwright increased their price target on First Mining Gold from C$0.45 to C$1.00 in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat.com, First Mining Gold currently has an average rating of “Strong Buy” and an average price target of C$0.85.

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.