First Nordic Metals Acquires EMX’s Nordic Business Unit to Boost Exploration Efforts

First Nordic Metals ( (TSE:FNM) ) has provided an announcement.

First Nordic Metals Corp. has announced the acquisition of EMX Royalty Corporation’s Nordic business unit, which includes regional infrastructure, exploration equipment, and a seasoned technical team in northern Sweden. This strategic acquisition enhances First Nordic’s operational capabilities and supports its long-term growth and exploration programs in Sweden and Finland, reinforcing its commitment to developing Europe’s gold frontier.

The most recent analyst rating on (TSE:FNM) stock is a Buy with a C$1.25 price target. To see the full list of analyst forecasts on First Nordic Metals stock, see the TSE:FNM Stock Forecast page.

More about First Nordic Metals

First Nordic Metals Corp. is a Canadian-based gold exploration company focused on consolidating assets in Sweden and Finland. Its flagship asset is the Barsele gold project in northern Sweden, a joint venture with Agnico Eagle Mines Limited. The company also owns district-scale licenses in Sweden’s Gold Line greenstone belt and Finland’s Oijärvi greenstone belt.

Average Trading Volume: 257,276

Technical Sentiment Signal: Buy

Current Market Cap: C$115.3M

See more data about FNM stock on TipRanks’ Stock Analysis page.