First Atlantic Nickel (CVE:FAN) Shares Down 3.2% – Here’s Why

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s share price was down 3.2% on Friday . The stock traded as low as C$0.22 and last traded at C$0.22. Approximately 167,615 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 258,450 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 P/E ratio of -9.75 and a beta of 2.64. The firm’s fifty day moving average is C$0.17 and its two-hundred day moving average is C$0.20.

About First Atlantic Nickel

(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.

Further Reading

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