Original army 1st class merit badge for shooting.
Finnish conscripts were awarded merit badges for their sporting skills during military training. Each skill had usually three basic classes and sometimes a master class for national or international success. These badges can sometimes be seen worn on field tunics during WW2.
This is a good condition silver badge with a golden lion and a screw on the back for fastening. there is a manufacturer stamp HOPEAJALOSTE OY HELSINKI on the screw.
See photos for details.