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

Key Points

• First Mining Gold Corp. director Keith Neumeyer purchased 250,000 shares at an average price of C$0.17, totaling C$42,500, on July 25th.
• Prior to this purchase, Neumeyer acquired an additional 1,250,000 shares on July 4th for C$226,500 and 250,000 shares on May 5th for C$40,000.
• As of the report, First Mining Gold has a market cap of C$174.82 million with a 52-week low of C$0.12 and a high of C$0.21.

First Mining Gold Corp. (TSE:FF - Get Free Report) Director Keith Neumeyer acquired 250,000 shares of the firm's stock in a transaction dated Friday, July 25th. The stock was bought at an average cost of C$0.17 per share, with a total value of C$42,500.00.

Keith Neumeyer also recently made the following trade(s):

• On Friday, July 4th, Keith Neumeyer purchased 1,250,000 shares of First Mining Gold stock. The shares were purchased at an average price of C$0.18 per share, for a total transaction of C$226,500.00.
• On Monday, May 5th, Keith Neumeyer acquired 250,000 shares of First Mining Gold stock. The shares were bought at an average cost of C$0.16 per share, with a total value of C$40,000.00.

First Mining Gold Price Performance

TSE FF traded down C$0.01 during mid-day trading on Friday, hitting C$0.17. The stock had a trading volume of 1,302,117 shares, compared to its average volume of 1,158,895. The company has a market cap of C$174.82 million, a price-to-earnings ratio of -3.68 and a beta of 0.99. The company has a quick ratio of 1.01, a current ratio of 1.30 and a debt-to-equity ratio of 0.12. First Mining Gold Corp. has a 52-week low of C$0.12 and a 52-week high of C$0.21. The company has a 50 day simple moving average of C$0.18 and a 200 day simple moving average of C$0.15.

First Mining Gold Company Profile

First Mining is a Canadian gold developer focused on the development and permitting of the Springpole Gold Project in northwestern Ontario. Springpole is one of the largest undeveloped gold projects in Canada. The results of a positive Pre-Feasibility Study for the Springpole Gold Project were announced by First Mining in January 2021, and permitting activities are on-going with submission of an Environmental Impact Statement for the project targeted for 2021.

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