First Atlantic Nickel (CVE:FAN) Shares Down 12.2% – Should You Sell?

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s stock price traded down 12.2% during trading on Friday . The company traded as low as C$0.20 and last traded at C$0.20. 357,039 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 260,010 shares. The stock had previously closed at C$0.22.

First Atlantic Nickel Stock Performance

The company has a market cap of C$18.65 million, a PE ratio of -9.75 and a beta of 2.64. The business’s 50-day moving average is C$0.17 and its 200 day moving average is C$0.20.

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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