First Nordic Metals (CVE:FNM) Trading 5.3% Higher – Still a Buy?

Shares of First Nordic Metals Corp. (CVE:FNMGet Free Report) traded up 5.3% during mid-day trading on Wednesday . The company traded as high as C$0.36 and last traded at C$0.34. 120,424 shares were traded during mid-day trading, a decline of 66% from the average session volume of 349,116 shares. The stock had previously closed at C$0.32.

Wall Street Analysts Forecast Growth

Separately, Roth Capital raised First Nordic Metals to a “strong-buy” rating in a research note on Wednesday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, First Nordic Metals currently has an average rating of “Strong Buy” and an average target price of C$1.45.

Get Our Latest Analysis on FNM

First Nordic Metals Price Performance

The company has a 50 day simple moving average of C$0.37.

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