First Mining Gold is trading 5.6% up at CA$0.66 today, extending a 5.1% gain from August 4 as improving risk-on sentiment drives a rotation into the materials sector.
- The move follows a broader market rally that saw the materials sector rise 1.68% alongside record index levels.
- With no company-specific news or earnings reported today, the price action is attributed to general market optimism and increased investor interest in mining names.