First Nordic Metals initiated with a Buy at Roth Capital

Roth Capital analyst Mike Niehuser initiated coverage of First Nordic Metals (FNMCF) with a Buy rating and C$1.35 price target The company is advancing what could be the world’s next major gold camps in Scandinavia, the analyst tells investors in a research note. The firm says First Nordic’s nearly 100% ownership of two greenstone belts in a Tier 1 jurisdiction “presents a rare exploration opportunity.”