First Atlantic Nickel (CVE:FAN) Stock Crosses Above 50-Day Moving Average – Time to Sell?

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.26 and traded as high as C$0.31. First Atlantic Nickel shares last traded at C$0.28, with a volume of 572,671 shares traded.

First Atlantic Nickel Stock Performance

The stock’s 50 day simple moving average is C$0.26 and its 200-day simple moving average is C$0.19. The firm has a market cap of C$20.87 million, a price-to-earnings ratio of -7.00 and a beta of 0.80.

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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