First Mining Gold (TSE:FF) Price Target Raised to C$1.00

First Mining Gold (TSE:FF) had its price objective boosted by HC Wainwright from C$0.45 to C$1.00 in a research note issued to investors on Tuesday morning,BayStreet.CA reports.

Separately, National Bankshares set a C$0.70 price target on shares of First Mining Gold and gave the stock an “outperform” rating in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy” and a consensus target price of C$0.85.

First Mining Gold Stock Performance

Shares of TSE:FF opened at C$0.58 on Tuesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.30 and a quick ratio of 1.01. First Mining Gold has a 1 year low of C$0.12 and a 1 year high of C$0.86. The firm has a market capitalization of C$787.68 million, a PE ratio of -29.00 and a beta of 1.31. The business’s 50 day moving average price is C$0.57 and its 200-day moving average price is C$0.37.

First Mining Gold (TSE:FF) last announced its quarterly earnings data on Thursday, November 13th. The company reported C($0.02) earnings per share for the quarter. As a group, equities research analysts expect that First Mining Gold will post -0.05 earnings per share for the current fiscal year.

First Mining Gold Company Profile

First Mining is a Canadian gold developer focused on the development and permitting of the Springpole Gold Project in northwestern Ontario. Springpole is one of the largest undeveloped gold projects in Canada. The results of a positive Pre-Feasibility Study for the Springpole Gold Project were announced by First Mining in January 2021, and permitting activities are on-going with submission of an Environmental Impact Statement for the project targeted for 2021. The Company also holds a large equity position in Treasury Metals Inc who are advancing the Goliath-Goldlund gold projects towards construction.