First Atlantic Nickel (CVE:FAN) Trading Down 7.1% – Time to Sell?

First Atlantic Nickel Corp. (CVE:FANGet Free Report) shares traded down 7.1% on Friday . The stock traded as low as C$0.32 and last traded at C$0.33. 212,316 shares were traded during trading, a decline of 41% from the average session volume of 357,063 shares. The stock had previously closed at C$0.35.

First Atlantic Nickel Trading Down 5.7 %

The firm has a market cap of C$24.60 million, a price-to-earnings ratio of -8.25 and a beta of 0.80. The company has a fifty day moving average price of C$0.24 and a 200-day moving average price of C$0.18.

About First Atlantic Nickel

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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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