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The latest update is out from First Nordic Metals ( (TSE:FNM) ).
First Nordic Metals Corp. has announced promising results from its exploration activities at the Harpsund target within its Paubäcken Project in northern Sweden. The company confirmed a significant gold-in-till anomaly over a 5 km structural corridor, indicating a robust orogenic gold system. The initial drilling results have identified large-scale gold-in-bedrock anomalism, advancing Harpsund to a high-priority diamond drill target. These findings enhance FNM’s exploration portfolio and demonstrate the effectiveness of its exploration process, with follow-up drilling programs planned for the second half of 2025.
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 company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary focus is on gold exploration, particularly in the Gold Line greenstone belt in northern Sweden, where it owns the Paubäcken Project.
Average Trading Volume: 257,487
Technical Sentiment Signal: Buy
Current Market Cap: C$113.9M
For a thorough assessment of FNM stock, go to TipRanks’ Stock Analysis page.