First Mining Gold (OTCMKTS:FFMGF) Trading Down 5% – Time to Sell?

First Mining Gold Corp. (OTCMKTS:FFMGF)’s stock price was down 5% on Friday . The stock traded as low as $0.3580 and last traded at $0.3628. Approximately 2,695,479 shares changed hands during trading, an increase of 135% from the average daily volume of 1,146,833 shares. The stock had previously closed at $0.3820.

Wall Street Analysts Forecast Growth

Separately, National Bankshares started coverage on shares of First Mining Gold in a research note on Monday, November 3rd. They set an “outperform” rating for the company. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

First Mining Gold Price Performance

The stock has a 50-day moving average of $0.31 and a two-hundred day moving average of $0.21.

First Mining Gold Company Profile

First Mining Gold Corp. is a mineral exploration and development company focused on advancing a diversified portfolio of gold projects in Canada. The company aims to unlock shareholder value through the exploration and development of several high-potential assets, with an emphasis on de-risked deposits that have undergone extensive previous work. First Mining Gold trades on the OTC Markets under the symbol FFMGF and maintains its corporate office in Vancouver, British Columbia.

The company’s flagship project is the Springpole gold deposit in Ontario, which boasts substantial resources and infrastructure potential.