First Nordic Metals (CVE:FNM) Trading 3.2% Higher – Here’s Why

First Nordic Metals Corp. (CVE:FNMGet Free Report) traded up 3.2% on Friday . The company traded as high as C$2.00 and last traded at C$1.96. 448,494 shares traded hands during mid-day 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 Stock Performance

The company’s 50 day moving average price is C$1.87 and its 200-day moving average price is C$1.73. The company has a market cap of C$346.24 million, a price-to-earnings ratio of -5.44 and a beta of 1.85.

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