First Atlantic Nickel (CVE:FAN) Stock Price Up 36% – Time to Buy?

First Atlantic Nickel Corp. (CVE:FANGet Free Report) shares were up 36% on Wednesday . The stock traded as high as C$0.35 and last traded at C$0.34. Approximately 2,169,605 shares traded hands during trading, an increase of 572% from the average daily volume of 322,707 shares. The stock had previously closed at C$0.25.

First Atlantic Nickel Stock Up 30.0 %

The stock has a fifty day moving average of C$0.22 and a 200-day moving average of C$0.16. The stock has a market cap of C$24.23 million, a PE ratio of -8.13 and a beta of 0.80.

About First Atlantic Nickel

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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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