HC Wainwright Cuts First Mining Gold (TSE:FF) Price Target to C$0.35

First Mining Gold (TSE:FF) had its target price cut by analysts at HC Wainwright from C$0.80 to C$0.35 in a research note issued to investors on Tuesday,BayStreet.CA reports. HC Wainwright’s price target suggests a potential upside of 169.23% from the company’s current price.

First Mining Gold Price Performance

Shares of TSE FF traded down C$0.01 during mid-day trading on Tuesday, reaching C$0.13. The company had a trading volume of 609,300 shares, compared to its average volume of 794,625. The firm has a market cap of C$132.60 million, a price-to-earnings ratio of -3.25 and a beta of 0.99. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.01 and a current ratio of 1.16. First Mining Gold has a one year low of C$0.10 and a one year high of C$0.19. The business’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.14.

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.