First Mining Gold (TSE:FF) Stock Price Down 3.8% - What's Next?

First Mining Gold Corp. (TSE:FF - Get Free Report)'s stock price was down 3.8% during trading on Thursday . The stock traded as low as C$0.12 and last traded at C$0.13. Approximately 1,375,133 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 836,616 shares. The stock had previously closed at C$0.13.

Analyst Ratings Changes

Separately, HC Wainwright lowered their target price 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 Price Performance

The firm has a market cap of C$127.50 million, a price-to-earnings ratio of -3.13 and a beta of 0.99. The stock's 50 day moving average is C$0.14 and its 200 day moving average is C$0.14. The company has a quick ratio of 1.01, a current ratio of 1.16 and a debt-to-equity ratio of 0.14.

Insider Transactions at First Mining Gold

In other First Mining Gold news, Director Keith Neumeyer bought 250,000 shares of the stock in a transaction on Tuesday, November 26th. The shares were bought at an average price of C$0.13 per share, with a total value of C$32,500.00. Corporate insiders own 4.18% of the company's stock.

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.