First Mining Gold (TSE:FF) Hits New 12-Month Low – Should You Sell?

First Mining Gold Corp. (TSE:FFGet Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 1671787 shares changing hands. The stock had previously closed at C$0.13.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on FF

First Mining Gold Stock Performance

The company has a quick ratio of 1.01, a current ratio of 1.30 and a debt-to-equity ratio of 0.12. The firm has a 50-day moving average price of C$0.13 and a two-hundred day moving average price of C$0.13. The firm has a market cap of C$132.44 million, a PE ratio of -2.79 and a beta of 0.99.

Insider Activity at First Mining Gold

In related news, Director Keith Neumeyer bought 250,000 shares of the stock in a transaction dated Friday, January 10th. The shares were acquired 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 owned by corporate insiders.

About First Mining Gold

(Get Free Report)

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.

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