First Mining Gold (TSE:FF) Stock Price Up 1.9% - Time to Buy?

First Mining Gold Corp. (TSE:FF - Get Free Report)'s stock price was up 1.9% on Tuesday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 214,016 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 855,342 shares. The stock had previously closed at C$0.14.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reduced their price objective on shares of First Mining Gold from C$0.80 to C$0.35 in a research note on Tuesday, November 12th.

First Mining Gold Stock Performance

The company has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.13. The firm has a market capitalization of C$132.60 million, a price-to-earnings ratio of -3.25 and a beta of 0.99. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.01 and a current ratio of 1.16.

First Mining Gold (TSE:FF - Get Free Report) last issued its quarterly earnings data on Friday, November 8th. The company reported C($0.01) earnings per share for the quarter. As a group, equities research analysts predict that First Mining Gold Corp. will post -0.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Keith Neumeyer purchased 250,000 shares of the business's stock in a transaction dated Friday, January 10th. The stock was bought at an average price of C$0.12 per share, with a total value of C$30,000.00. Insiders have purchased 550,000 shares of company stock valued at $69,221 over the last 90 days. 4.18% of the stock is owned by corporate insiders.

About First Mining Gold

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.