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The latest announcement is out from First Nordic Metals ( (TSE:FNM) ).
First Nordic Metals Corp. has increased its ‘best efforts’ financing offering from C$10 million to C$13.4 million. The proceeds from this upsized offering will be used for exploration activities in Sweden and Finland, as well as general corporate purposes. The offering is expected to close by July 31, 2025, pending necessary approvals. This strategic move is likely to enhance the company’s exploration capabilities and strengthen its market position in the Nordic region.
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. operates in the mining industry, focusing on exploration and development of mineral properties in Sweden and Finland. The company is listed on several stock exchanges, including TSXV, FNSE, OTCQB, and FRA.
Average Trading Volume: 280,565
Technical Sentiment Signal: Buy
Current Market Cap: C$111.4M
See more data about FNM stock on TipRanks’ Stock Analysis page.