HC Wainwright Raises First Mining Gold (TSE:FF) Price Target to C$1.20

First Mining Gold (TSE:FF) had its price objective increased by analysts at HC Wainwright from C$1.10 to C$1.20 in a research report issued on Wednesday,BayStreet.CA reports. HC Wainwright’s price objective would indicate a potential upside of 100.00% from the company’s previous close.

First Mining Gold Price Performance

FF traded down C$0.01 during trading on Wednesday, hitting C$0.60. 5,552,814 shares of the stock traded hands, compared to its average volume of 4,152,384. First Mining Gold has a twelve month low of C$0.15 and a twelve month high of C$0.86. The company has a market cap of C$830.52 million, a price-to-earnings ratio of -10.00 and a beta of 0.86. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.16 and a quick ratio of 1.01. The business has a 50 day moving average price of C$0.48 and a 200 day moving average price of C$0.53.

First Mining Gold (TSE:FF) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C($0.01) EPS for the quarter. Equities research analysts forecast that First Mining Gold will post -0.05 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Keith Neumeyer purchased 396,500 shares of the stock in a transaction dated Monday, March 23rd. The stock was bought at an average cost of C$0.40 per share, for a total transaction of C$158,600.00. Following the completion of the acquisition, the director owned 43,739,313 shares of the company’s stock, valued at approximately C$17,495,725.20. This represents a 0.91% increase in their ownership of the stock. Company insiders own 4.18% of the company’s stock.

First Mining Gold Company Profile

First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities are on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project in Ontario and a 30% project interest in the Pickle Crow Gold Project.