First Atlantic Nickel (CVE:FAN) Hits New 1-Year High – Should You Buy?

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.22, with a volume of 1016202 shares. The stock had previously closed at C$0.20.

First Atlantic Nickel Stock Performance

The company has a 50-day moving average price of C$0.11 and a 200-day moving average price of C$0.11. The company has a market capitalization of C$15.65 million, a price-to-earnings ratio of -5.38 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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