First Mining Gold (TSE:FF) Stock Price Down 2% – Here’s Why

Shares of First Mining Gold Corp. (TSE:FF) traded down 2% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 151,692 shares were traded during mid-day trading, a decline of 82% from the average session volume of 831,042 shares. The stock had previously closed at C$0.13.

First Mining Gold Price Performance

The company’s 50 day moving average price is C$0.13 and its 200 day moving average price is C$0.13. The company has a current ratio of 1.30, a quick ratio of 1.01 and a debt-to-equity ratio of 0.12. The company has a market cap of C$135.08 million, a price-to-earnings ratio of -2.84 and a beta of 0.99.

Insider Activity

In other First Mining Gold news, Director Keith Neumeyer bought 250,000 shares of the company’s stock in a transaction on Friday, January 10th. The stock was purchased at an average cost of C$0.12 per share, for a total transaction of C$30,000.00. Insiders own 4.18% of the company’s stock.

About First Mining Gold

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.