First Mining Gold (TSE:FF) Stock Price Down 3.8% – Here’s What Happened

First Mining Gold Corp. (TSE:FF) shares traded down 3.8% on Thursday . The company traded as low as C$0.12 and last traded at C$0.13. 1,375,133 shares were traded during mid-day trading, an increase of 64% from the average session volume of 836,616 shares. The stock had previously closed at C$0.13.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright dropped their target price on shares of First Mining Gold from C$0.80 to C$0.35 in a research report on Tuesday, November 12th.

First Mining Gold Price Performance

The stock has a market cap of C$127.50 million, a PE ratio of -3.13 and a beta of 0.99. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.01 and a current ratio of 1.16. The stock’s 50-day moving average is C$0.14 and its two-hundred day moving average is C$0.14.

Insider Transactions at First Mining Gold

In other First Mining Gold news, Director Keith Neumeyer bought 250,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average price of C$0.13 per share, for a total transaction of C$32,500.00. Corporate insiders own 4.18% of the company’s stock.

First Mining Gold Company Profile

First Mining Gold Corp. engages in the acquisition, development, and exploration of mineral properties in Canada. It primarily explores for gold and silver deposits. The company holds interests in the Springpole Gold Project located in northwestern Ontario; Duparquet Gold Project, located on the destor-porcupine fault zone in the Abitibi region of Quebec, Canada; and the Cameron Gold Project located approximately 80 km southeast of Kenora in northwestern Ontario.