First Mining Gold (TSE:FF) Trading Up 6.3% on Insider Buying Activity

First Mining Gold Corp. (TSE:FF - Get Free Report)'s share price was up 6.3% on Tuesday following insider buying activity. The company traded as high as C$0.13 and last traded at C$0.13. Approximately 1,189,630 shares were traded during trading, an increase of 30% from the average daily volume of 912,399 shares. The stock had previously closed at C$0.12.

Specifically, Director Keith Neumeyer acquired 250,000 shares of the firm's stock in a transaction dated Thursday, April 3rd. The shares were purchased at an average price of C$0.13 per share, with a total value of C$31,250.00.

Wall Street Analyst Weigh In

Separately, Haywood Securities upgraded shares of First Mining Gold to a "strong-buy" rating in a research note on Friday, March 21st.

First Mining Gold Price Performance

The firm has a 50 day moving average of C$0.13 and a 200-day moving average of 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$148.33 million, a P/E ratio of -3.12 and a beta of 0.99.

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.