First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) shot up 22% during trading on Wednesday . The company traded as high as C$0.33 and last traded at C$0.31. 1,330,005 shares were traded during trading, an increase of 356% from the average session volume of 291,428 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Stock Performance
The stock has a market capitalization of C$22.73 million, a P/E ratio of -7.63 and a beta of 0.80. The business has a 50 day simple moving average of C$0.22 and a 200-day simple moving average of C$0.16.
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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