First Atlantic Nickel (CVE:FAN) Sets New 12-Month High – Here’s What Happened

First Atlantic Nickel Corp. (CVE:FAN)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$0.27 and last traded at C$0.26, with a volume of 576918 shares traded. The stock had previously closed at C$0.25.

First Atlantic Nickel Stock Up 2.0 %

The company has a market capitalization of C$19.01 million, a price-to-earnings ratio of -6.25 and a beta of 0.80. The company has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.11.

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.