First Mining Gold (TSE:FF) Reaches New 52-Week High – Still a Buy?

Shares of First Mining Gold Corp. (TSE:FF) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.17, with a volume of 1182839 shares changing hands. The stock had previously closed at C$0.16.

First Mining Gold Trading Up 4.6 %

The firm has a market capitalization of C$173.40 million, a PE ratio of -4.13 and a beta of 0.99. The company has a quick ratio of 1.01, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The company’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.14.

First Mining Gold (TSE:FF) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C($0.01) EPS for the quarter. As a group, sell-side analysts expect that First Mining Gold Corp. will post -0.05 EPS for the current year.

About First Mining Gold

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.