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First Nordic Metals ( (TSE:FNM) ) has issued an update.
First Nordic Metals Corp. has released its Q2 2025 financial results, highlighting significant advancements in its gold exploration projects. The company reported positive drilling results at the Nippas and Aida targets, expanded its drilling programs, and identified new gold anomalies. Additionally, the acquisition of EMX’s Nordic Business Unit establishes a new operational hub in Sweden, enhancing their technical capabilities. Financially, the company raised C$15.4 million through a successful financing round, strengthening its cash position and supporting ongoing exploration activities.
The most recent analyst rating on (TSE:FNM) stock is a Buy with a C$1.35 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, with the aim of creating Europe’s next major gold camp. Their 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 and Finland, including the Paubäcken, Storjuktan, and Oijärvi greenstone belts.
Average Trading Volume: 437,486
Technical Sentiment Signal: Sell
Current Market Cap: C$112.8M
See more insights into FNM stock on TipRanks’ Stock Analysis page.