First Atlantic Nickel (CVE:FAN) Trading Down 3.6% – What’s Next?

First Atlantic Nickel Corp. (CVE:FAN) fell 3.6% on Monday . The stock traded as low as C$0.14 and last traded at C$0.14. 160,664 shares traded hands during trading, an increase of 22% from the average session volume of 131,830 shares. The stock had previously closed at C$0.14.

First Atlantic Nickel Trading Down 7.1 %

The business has a 50-day moving average of C$0.09 and a two-hundred day moving average of C$0.11. The firm has a market cap of C$9.69 million, a P/E ratio of -3.50 and a beta of 0.80.

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.