First Mining Gold (TSE:FF) Insider Sells C$152,720.00 in Stock

Key Points

• Insider sale: James Maxwell sold 166,000 First Mining Gold shares at an average price of C$0.92, generating C$152,720. After the transaction, his ownership fell 8.24% to 1,848,676 shares.
• Stock performance: Shares were flat at C$0.86 in mid-day trading, with volume exceeding twice the average. The stock has traded between C$0.27 and C$0.98 over the past year and has a market capitalization of approximately C$1.21 billion.
• Analyst outlook: First Mining reported quarterly EPS of negative C$0.01, while analysts expect negative C$0.05 for the full fiscal year. HC Wainwright raised its price target to C$1.40, and the stock carries an overall “Buy” rating with an average target of C$1.05.

First Mining Gold Corp. (TSE:FF - Get Free Report) insider James Maxwell sold 166,000 shares of the firm's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of C$0.92, for a total value of C$152,720.00. Following the transaction, the insider owned 1,848,676 shares in the company, valued at C$1,700,781.92. This trade represents a 8.24% decrease in their ownership of the stock.

First Mining Gold Stock Performance

First Mining Gold stock remained flat at C$0.86 during mid-day trading on Monday. 9,443,477 shares of the company's stock were exchanged, compared to its average volume of 4,431,315. The company has a current ratio of 1.79, a quick ratio of 1.01 and a debt-to-equity ratio of 0.06. First Mining Gold Corp. has a 1 year low of C$0.27 and a 1 year high of C$0.98. The firm's fifty day moving average is C$0.79 and its 200 day moving average is C$0.62. The company has a market capitalization of C$1.21 billion, a price-to-earnings ratio of -14.33 and a beta of 0.98.

First Mining Gold (TSE:FF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, equities analysts expect that First Mining Gold Corp. will post -0.05 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lifted their target price on First Mining Gold from C$1.20 to C$1.40 in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, First Mining Gold has an average rating of "Buy" and an average price target of C$1.05.

About First Mining Gold

First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities are on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project in Ontario and a 30% project interest in the Pickle Crow Gold Project.

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