The long-term chart of the Canadian gold project developer First Mining (WKN A2JBPS / TSX FF) shows its historical high points at the mark of one Canadian dollar nine to ten years ago. Shortly before that and also in 2020/21, the CAD 0.5 mark proved to be a sustained resistance.
Only now has it been possible to exceed this share price again. The sustainability of this impulse is supported by the volume, which is significantly more pronounced than in 2015/16. Likewise, the Chaikin Money Flow, with its clear course in green territory, points to strong capital inflows into the stock (as last seen at the low point in 2024).
The trend confirmer has also formed an upward channel since 2024 (in which it naturally oscillates but has been permanently above the neutral 100 since August 2025).
The 200-day line has been rising sharply since the middle of last year and supports the movement.
It is possible that C$1.00 could now come into play again.
