First Atlantic Nickel Corp. (CVE:FAN – Get Free Report)’s stock price was up 30% during trading on Thursday . The stock traded as high as C$0.35 and last traded at C$0.33. Approximately 2,223,805 shares were traded during mid-day trading, an increase of 583% from the average daily volume of 325,827 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Stock Performance
The firm’s fifty day moving average price is C$0.22 and its 200-day moving average price is C$0.16. The company has a market cap of C$21.62 million, a price-to-earnings ratio of -7.25 and a beta of 0.80.
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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