First Mining Gold is trading 7.78% down now at $0.83 after announcing a $50 million bought-deal offering on September 17, 2026.
- The financing covers 59.53 million shares priced at $0.84 each, with a potential 15% overallotment, creating dilution pressure as investors assess the capital raise.
- The decline is company-specific rather than crypto-driven: First Mining Gold is a gold developer, while broader junior-miner sentiment was positive and GDXJ gained 4.75% on September 17.