HC Wainwright Has Negative Outlook of TSE:FF FY2025 Earnings

First Mining Gold Corp. (TSE:FF - Free Report) - Equities research analysts at HC Wainwright reduced their FY2025 earnings estimates for shares of First Mining Gold in a research note issued to investors on Tuesday, June 17th. HC Wainwright analyst H. Ihle now forecasts that the company will earn ($0.02) per share for the year, down from their previous forecast of ($0.01). The consensus estimate for First Mining Gold's current full-year earnings is ($0.05) per share.

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

First Mining Gold Price Performance

Shares of First Mining Gold stock traded up C$0.01 on Thursday, hitting C$0.21. 580,425 shares of the company traded hands, compared to its average volume of 1,086,892. The firm's 50-day simple moving average is C$0.17 and its 200 day simple moving average is C$0.14. 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$217.19 million, a P/E ratio of -4.57 and a beta of 0.99. First Mining Gold has a 12-month low of C$0.12 and a 12-month high of C$0.21.

Insider Buying and Selling

In other First Mining Gold news, Director Keith Neumeyer acquired 250,000 shares of the company's stock in a transaction that occurred on Monday, May 5th. The shares were acquired at an average price of C$0.16 per share, with a total value of C$40,000.00. Insiders have acquired 565,000 shares of company stock valued at $81,650 over the last quarter. Corporate insiders own 4.18% of the company's stock.

About First Mining Gold

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.