First Mining Gold (TSE:FF) Trading 8.3% Higher After Insider Buying Activity

First Mining Gold Corp. (TSE:FF - Get Free Report)'s share price rose 8.3% during trading on Tuesday after an insider bought additional shares in the company. The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 901,930 shares were traded during trading, an increase of 1% from the average daily volume of 897,257 shares. The stock had previously closed at C$0.12.

Specifically, Director Keith Neumeyer purchased 250,000 shares of the firm's stock in a transaction on Thursday, April 3rd. The stock was purchased at an average cost of C$0.13 per share, for a total transaction of C$31,250.00.

Analyst Ratings Changes

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

First Mining Gold Stock Performance

The company has a market capitalization of C$148.33 million, a price-to-earnings ratio of -3.12 and a beta of 0.99. 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 fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.13.

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.