First Nordic Metals (CVE:FNM) Trading Up 3.2% – Still a Buy?

Shares of First Nordic Metals Corp. (CVE:FNM) traded up 3.2% on Wednesday . The company traded as high as C$2.00 and last traded at C$1.96. 448,494 shares changed hands during 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 Price Performance

The firm has a fifty day simple moving average of C$1.96 and a 200-day simple moving average of C$1.89. The firm has a market cap of C$346.24 million, a P/E ratio of -5.44 and a beta of 1.85.