First Atlantic Nickel (CVE:FAN) Shares Up 30% – Time to Buy?

First Atlantic Nickel Corp. (CVE:FANGet Free Report) traded up 30% during trading on Wednesday . The stock traded as high as C$0.35 and last traded at C$0.33. 2,223,805 shares traded hands during mid-day trading, an increase of 583% from the average session volume of 325,827 shares. The stock had previously closed at C$0.25.

First Atlantic Nickel Trading Up 30.0 %

The stock has a market cap of C$24.23 million, a P/E ratio of -8.13 and a beta of 0.80. The firm’s 50-day simple moving average is C$0.22 and its 200 day simple moving average is C$0.16.

About First Atlantic Nickel

(Get Free Report)

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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