Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) fell 5.7% on Friday . The stock traded as low as C$0.32 and last traded at C$0.33. 324,816 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 362,137 shares. The stock had previously closed at C$0.35.
First Atlantic Nickel Stock Down 7.1 %
The firm has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.18. The stock has a market cap of C$24.23 million, a PE ratio of -8.13 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.
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