First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) shares rose 26% during trading on Wednesday . The stock traded as high as C$0.33 and last traded at C$0.32. Approximately 774,280 shares were traded during mid-day trading, an increase of 180% from the average daily volume of 276,384 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Stock Performance
The business has a 50 day moving average of C$0.22 and a two-hundred day moving average of C$0.16. The stock has a market capitalization of C$23.11 million, a PE ratio of -7.75 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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