First Mining Gold (TSE:FF) Insider Stephen Andrew Lines Acquires 60,000 Shares

Key Points

• Insider Stephen Andrew Lines acquired 60,000 First Mining Gold shares at an average price of C$0.84, investing C$50,400 and increasing his ownership by 8.96% to 729,507 shares.
• First Mining Gold shares were flat at C$0.86, while trading volume exceeded its average. The stock’s 52-week range was C$0.27 to C$0.98, with a market capitalization of approximately C$1.21 billion.
• Analysts remain positive: HC Wainwright raised its price target to C$1.40, and the stock carries a consensus “Buy” rating with a C$1.05 target price.

First Mining Gold Corp. (TSE:FF - Get Free Report) insider Stephen Andrew Lines acquired 60,000 shares of the firm's stock in a transaction on Friday, September 18th. The shares were acquired at an average price of C$0.84 per share, with a total value of C$50,400.00. Following the completion of the purchase, the insider owned 729,507 shares of the company's stock, valued at C$612,785.88. This trade represents a 8.96% increase in their ownership of the stock.

Stephen Andrew Lines also recently made the following trade(s):

• On Wednesday, July 8th, Stephen Andrew Lines acquired 72,464 shares of First Mining Gold stock. The stock was acquired at an average cost of C$0.69 per share, with a total value of C$50,000.16.

First Mining Gold Price Performance

Shares of FF stock remained flat at C$0.86 during mid-day trading on Monday. 9,443,477 shares of the stock were exchanged, compared to its average volume of 4,431,315. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.79 and a quick ratio of 1.01. The stock has a market cap of C$1.21 billion, a price-to-earnings ratio of -14.33 and a beta of 0.98. The firm's 50-day moving average is C$0.79 and its 200 day moving average is C$0.62. First Mining Gold Corp. has a fifty-two week low of C$0.27 and a fifty-two week high of C$0.98.

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

Analyst Upgrades and Downgrades

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

First Mining Gold Company Profile

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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