Insider Buying: First Mining Gold Corp. (TSE:FF) Director Acquires 250,000 Shares of Stock

First Mining Gold Corp. (TSE:FF) Director Keith Neumeyer purchased 250,000 shares of First Mining Gold stock in a transaction that occurred on Tuesday, November 26th. The stock was bought at an average cost of C$0.13 per share, with a total value of C$32,500.00.

First Mining Gold Stock Performance

Shares of First Mining Gold stock traded up C$0.01 on Wednesday, reaching C$0.14. 8,082 shares of the stock were exchanged, compared to its average volume of 859,372. First Mining Gold Corp. has a 1-year low of C$0.10 and a 1-year high of C$0.19. The company has a current ratio of 1.16, a quick ratio of 1.01 and a debt-to-equity ratio of 0.14. The business has a fifty day moving average price of C$0.14 and a two-hundred day moving average price of C$0.14. The firm has a market capitalization of C$137.70 million, a PE ratio of -3.25 and a beta of 0.99.

Wall Street Analyst Weigh In

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

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.