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

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

First Mining Gold Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 1.01. The firm has a market cap of C$173.40 million, a P/E ratio of -4.13 and a beta of 0.99. The stock’s 50-day simple moving average is C$0.14 and its two-hundred day simple moving average is C$0.14.

First Mining Gold (TSE:FF) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C($0.01) earnings per share for the quarter. Equities research analysts forecast that First Mining Gold Corp. will post -0.05 earnings per share for the current fiscal year.

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.