First Mining Gold (TSE:FF) Stock Price Up 4.2% on Insider Buying Activity

First Mining Gold Corp. (TSE:FF) shares rose 4.2% during mid-day trading on Tuesday following insider buying activity. The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 1,071,130 shares were traded during mid-day trading, an increase of 18% from the average daily volume of 909,428 shares. The stock had previously closed at C$0.12.

Specifically, Director Keith Neumeyer bought 250,000 shares of the stock in a transaction dated Thursday, April 3rd. The shares were purchased at an average price of C$0.13 per share, for a total transaction of C$31,250.00.

Analyst Upgrades and Downgrades

Separately, Haywood Securities raised First Mining Gold to a “strong-buy” rating in a report on Friday, March 21st.

First Mining Gold Stock Performance

The company has a market capitalization of C$132.44 million, a price-to-earnings ratio of -2.79 and a beta of 0.99. The firm has a fifty day simple moving average of C$0.13 and a 200 day simple moving average of C$0.13. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.30 and a quick ratio of 1.01.

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.