First Atlantic Nickel (CVE:FAN) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Shares of First Atlantic Nickel Corp. (CVE:FANGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.17 and traded as low as C$0.17. First Atlantic Nickel shares last traded at C$0.17, with a volume of 186,230 shares traded.

First Atlantic Nickel Price Performance

The stock’s 50 day moving average is C$0.18 and its 200-day moving average is C$0.13. The company has a market cap of C$12.67 million, a PE ratio of -4.25 and a beta of 0.80.

First Atlantic Nickel Company Profile

(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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