First Mining Gold (TSE:FF) Trading 10.3% Higher

First Mining Gold Corp. (TSE:FF)’s stock price traded up 10.3% during mid-day trading on Friday . The company traded as high as C$0.16 and last traded at C$0.16. 243,162 shares changed hands during trading, a decline of 70% from the average session volume of 818,313 shares. The stock had previously closed at C$0.15.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reduced their target price on shares of First Mining Gold from C$0.80 to C$0.70 in a research note on Tuesday, January 9th.

First Mining Gold Price Performance

The company has a market capitalization of C$146.95 million, a P/E ratio of -14.50 and a beta of 1.02. The stock’s fifty day simple moving average is C$0.13 and its 200-day simple moving average is C$0.13. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.19 and a quick ratio of 1.01.

Insider Buying and Selling

In related news, Director Keith Neumeyer acquired 250,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were bought at an average price of C$0.12 per share, for a total transaction of C$30,000.00. Over the last quarter, insiders have purchased 750,000 shares of company stock valued at $93,750. 4.35% of the stock is owned by company insiders.

First Mining Gold Company Profile

First Mining Gold Corp. develops and explores for gold projects. It also explores for silver and copper deposits. The company primarily holds interests in the Springpole Gold Project located in northwestern Ontario. First Mining Gold Corp. was founded in 2015 and is headquartered in Vancouver, Canada.