Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) traded up 14.6% on Friday . The company traded as high as C$0.25 and last traded at C$0.24. 730,144 shares were traded during trading, an increase of 220% from the average session volume of 228,496 shares. The stock had previously closed at C$0.21.
First Atlantic Nickel Price Performance
The company’s fifty day moving average price is C$0.20 and its 200-day moving average price is C$0.14. The stock has a market cap of C$17.89 million, a price-to-earnings ratio of -6.00 and a beta of 0.80.
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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