Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) were up 30% during mid-day trading on Thursday . The company traded as high as C$0.35 and last traded at C$0.33. Approximately 2,223,805 shares traded hands 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 stock’s 50-day simple moving average is C$0.22 and its 200-day simple moving average is C$0.16. The firm has a market capitalization of C$21.62 million, a P/E 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.
Further Reading
- Five stocks we like better than First Atlantic Nickel
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- High Flyers: 3 Natural Gas Stocks for March 2022
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- What Are Some of the Best Large-Cap Stocks to Buy?
- MarketBeat Week in Review – 02/24 – 02/28
Receive News & Ratings for First Atlantic Nickel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Atlantic Nickel and related companies with MarketBeat.com's FREE daily email newsletter.
