Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) rose 14.6% on Friday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 190,628 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 197,279 shares. The stock had previously closed at C$0.21.
First Atlantic Nickel Price Performance
The company’s 50 day simple moving average is C$0.20 and its 200 day simple moving average is C$0.14. The stock has a market cap of C$17.52 million, a P/E ratio of -5.88 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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