First Mining Gold (TSE:FF) Trading 7.1% Higher - Here's What Happened

First Mining Gold Corp. (TSE:FF - Get Free Report) shares traded up 7.1% during mid-day trading on Monday . The company traded as high as C$0.15 and last traded at C$0.15. 618,634 shares were traded during trading, a decline of 31% from the average session volume of 896,495 shares. The stock had previously closed at C$0.14.

Wall Street Analyst Weigh In

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

First Mining Gold Stock Performance

The firm has a market cap of C$161.57 million, a PE ratio of -3.40 and a beta of 0.99. The company has a quick ratio of 1.01, a current ratio of 1.30 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.13.

Insider Buying and Selling at First Mining Gold

In related news, Director Keith Neumeyer acquired 250,000 shares of the company's stock in a transaction that occurred on Thursday, April 3rd. The shares were bought at an average price of C$0.13 per share, with a total value of C$31,250.00. 4.18% of the stock is owned by corporate insiders.

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.