First Nordic Metals (OTCMKTS:FNMCD) Shares Down 5.3% – Time to Sell?

First Nordic Metals Corp. (OTCMKTS:FNMCD) shares fell 5.3% on Tuesday . The stock traded as low as $1.25 and last traded at $1.26. 71,794 shares changed hands during mid-day trading, an increase of 127% from the average session volume of 31,633 shares. The stock had previously closed at $1.33.

First Nordic Metals Stock Performance

The business’s 50 day moving average price is $1.32 and its 200-day moving average price is $1.22.

First Nordic Metals Company Profile

First Nordic Metals Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Sweden. The company explores for gold, silver, copper, and zinc deposits. It holds a 45% interest in the Barsele gold project that covers an area of approximately 47,000 hectares located in Västerbottens Län, Northern Sweden.