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Keith Neumeyer Purchases 341,000 Shares of First Mining Gold Corp. (TSE:FF) Stock

Financial News Live ·  Jul 21, 2022 04:41

First Mining Gold Corp. (TSE:FF – Get Rating) Director Keith Neumeyer purchased 341,000 shares of the business's stock in a transaction dated Monday, July 18th. The stock was bought at an average cost of C$0.22 per share, for a total transaction of C$76,043.00. Following the purchase, the director now owns 17,295,313 shares in the company, valued at C$3,856,854.80.

First Mining Gold Price Performance

FF opened at C$0.24 on Thursday. The company has a quick ratio of 2.86, a current ratio of 2.95 and a debt-to-equity ratio of 0.18. First Mining Gold Corp. has a 12 month low of C$0.20 and a 12 month high of C$0.40. The company has a fifty day simple moving average of C$0.23 and a 200 day simple moving average of C$0.26. The stock has a market cap of C$167.27 million and a P/E ratio of -26.11.

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Wall Street Analyst Weigh In

Separately, HC Wainwright lowered their price objective on shares of First Mining Gold from C$1.20 to C$0.90 and set a "na" rating for the company in a research report on Tuesday.

First Mining Gold Company Profile

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First Mining Gold Corp. develops and explores for gold projects. It also explores for silver, copper, and iron ore deposits. The company primarily holds interests in the Springpole Gold Project located in northwestern Ontario. It holds a portfolio of 8 mineral assets located in Canada and the United States, as well as has an option to acquire an 80% interest in Pelangio's Birch Lake and Birch Lake West properties located in northwestern Ontario.

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