First Atlantic Nickel Corp. (CVE:FAN – Get Free Report)’s stock price shot up 26% on Wednesday . The company traded as high as C$0.33 and last traded at C$0.32. 774,280 shares changed hands during trading, an increase of 180% from the average session volume of 276,384 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Price Performance
The stock has a market cap of C$23.11 million, a P/E ratio of -7.75 and a beta of 0.80. The stock’s fifty day simple moving average is C$0.22 and its 200-day simple moving average is C$0.16.
About First Atlantic Nickel
First Atlantic Nickel Corp. engages in the identification, evaluation, and acquisition of mineral properties in Canada. It explores for nickel, copper, silver, cobalt, gold, and molybdenum deposits. Its flagship project is the 100% owned option to acquire TL Nickel Project located in the Churchill Province of Labrador, Canada.
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