First Mining Gold (TSE:FF) Stock Price Down 3.8% – Time to Sell?

First Mining Gold Corp. (TSE:FF)’s share price traded down 3.8% during mid-day trading on Thursday . The company traded as low as C$0.12 and last traded at C$0.13. 1,375,133 shares were traded during mid-day trading, an increase of 64% from the average session volume of 836,616 shares. The stock had previously closed at C$0.13.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright cut their target price on First Mining Gold from C$0.80 to C$0.35 in a research report on Tuesday, November 12th.

First Mining Gold Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 1.01. The company has a market cap of C$127.50 million, a PE ratio of -3.13 and a beta of 0.99. The company has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.14.

Insider Buying and Selling at First Mining Gold

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