First Atlantic Nickel Corp. (CVE:FAN – Get Free Report)’s stock price was up 36% during trading on Wednesday . The company traded as high as C$0.35 and last traded at C$0.34. Approximately 2,169,605 shares traded hands during mid-day trading, an increase of 572% from the average daily volume of 322,707 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Price Performance
The stock’s 50 day moving average price is C$0.22 and its two-hundred day moving average price is C$0.16. The firm has a market capitalization of C$24.23 million, a price-to-earnings ratio of -8.13 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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