First Atlantic Nickel (CVE:FAN) Trading Up 36% – Here’s What Happened

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s share price was up 36% during trading on Wednesday . The company traded as high as C$0.35 and last traded at C$0.34. Approximately 2,169,605 shares changed hands during mid-day 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 Performance

The company has a fifty day moving average of C$0.22 and a two-hundred day moving average of C$0.16. The company 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

(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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