First Mining Gold (TSE:FF) Trading Down 2% – Here’s Why

First Mining Gold Corp. (TSE:FF)’s stock price traded down 2% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 151,692 shares changed hands during trading, a decline of 82% from the average session volume of 831,042 shares. The stock had previously closed at C$0.13.

First Mining Gold Price Performance

The company has a market capitalization of C$135.08 million, a P/E ratio of -2.84 and a beta of 0.99. The firm’s fifty day moving average is C$0.13 and its 200 day moving average is C$0.13. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.01 and a current ratio of 1.30.

Insider Activity at First Mining Gold

In other First Mining Gold news, Director Keith Neumeyer acquired 250,000 shares of the company’s stock in a transaction dated Friday, January 10th. The shares were purchased at an average cost of C$0.12 per share, for a total transaction of C$30,000.00. 4.18% of the stock is currently owned by insiders.

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.