First Nordic Metals (CVE:FNM) Shares Up 3.2% – Still a Buy?

First Nordic Metals Corp. (CVE:FNM – Get Free Report)’s share price shot up 3.2% during trading on Friday. The stock traded as high as C$2.00 and last traded at C$1.96. 448,494 shares traded hands during trading, an increase of 234% from the average session volume of 134,454 shares. The stock had previously closed at C$1.90.

First Nordic Metals Trading Up 3.2%

The company has a market capitalization of C$346.24 million, a P/E ratio of -5.44 and a beta of 1.85. The business’s 50-day simple moving average is C$1.96 and its 200 day simple moving average is C$1.96.

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