First Mining Gold (TSE:FF) Reaches New 12-Month Low - Should You Sell?

First Mining Gold Corp. (TSE:FF - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 1671787 shares traded. The stock had previously closed at C$0.13.

Wall Street Analyst Weigh In

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

First Mining Gold Stock Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.01 and a current ratio of 1.30. The firm has a market capitalization of C$132.44 million, a P/E ratio of -2.79 and a beta of 0.99. The company has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.13.

Insider Activity at First Mining Gold

In other First Mining Gold news, Director Keith Neumeyer acquired 250,000 shares of the stock in a transaction on Thursday, April 3rd. The stock was acquired at an average price of C$0.13 per share, for a total transaction of C$31,250.00. Insiders have acquired 550,000 shares of company stock valued at $67,971 over the last ninety days. Insiders own 4.18% of the company's stock.

First Mining Gold Company Profile

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.