The Globe and Mail reports in its Thursday, March 27, edition that Ventum Capital Markets analyst Phil Ker rates First Nordic Metals "buy" in new coverage, with a $1.45 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $1.25. Mr. Ker says in a note: "We see its 45-per-cent ownership of the multi-million-ounce Barsele project in Sweden, providing investors with a base case entry point into a project primed for resource growth and development. Furthermore, we see upside optionality across First Nordic's 100-per-cent-owned grounds, which are poised for discovery and value creation through the drill bit. Diamond drills are currently turning at the Aida target on the company's Paubacken project, while top-of-bedrock drilling is ongoing at other generative targets."