First Atlantic Nickel Corp. (CVE:FAN – Get Free Report)’s stock price was up 26% on Wednesday . The company traded as high as C$0.33 and last traded at C$0.32. Approximately 774,280 shares traded hands during mid-day trading, an increase of 180% from the average daily volume of 276,384 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Stock Up 24.0 %
The company has a market capitalization of C$23.11 million, a price-to-earnings ratio of -7.75 and a beta of 0.80. The firm has a 50 day moving average price of C$0.22 and a two-hundred day moving average price of C$0.16.
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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