First Mining Gold is trading 7.1% down at CA$0.78, with broader gold and materials weakness a possible headwind, not a confirmed company-specific cause.
- Reuters reported spot gold fell 2.7% on September 28 as higher oil prices and rate-hike expectations stoked inflation concerns and pressured bullion.
- No new company announcement explaining the September 28 move was found.
- The company’s recent financing closed September 24, rather than representing a new catalyst today.