Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) traded up 24% on Wednesday . The stock traded as high as C$0.33 and last traded at C$0.31. 1,688,925 shares were traded during trading, an increase of 441% from the average session volume of 312,113 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Stock Up 32.0 %
The business’s 50-day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.16. The firm has a market capitalization of C$24.60 million, a price-to-earnings ratio of -8.25 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.
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