First Nordic Metals (CVE:FNM) Shares Up 3.2% – What’s Next?

Shares of First Nordic Metals Corp. (CVE:FNM) shot up 3.2% during trading on Tuesday . The company traded as high as C$2.00 and last traded at C$1.96. 448,494 shares were traded during mid-day trading, an increase of 234% from the average session volume of 134,454 shares. The stock had previously closed at C$1.90.

First Nordic Metals Stock Performance

The company’s fifty day moving average is C$1.95 and its two-hundred day moving average is C$1.83. The firm has a market cap of C$346.24 million, a price-to-earnings ratio of -5.44 and a beta of 1.85.