First Atlantic Nickel Corp. (CVE:FAN – Get Free Report)’s share price was up 22% on Wednesday . The stock traded as high as C$0.33 and last traded at C$0.31. Approximately 1,330,005 shares were traded during mid-day trading, an increase of 356% from the average daily volume of 291,428 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Stock Performance
The company has a market cap of C$22.73 million, a price-to-earnings ratio of -7.63 and a beta of 0.80. The stock’s fifty day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.16.
First Atlantic Nickel Company Profile
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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