Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) rose 17.1% on Wednesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 593,074 shares traded hands during mid-day trading, an increase of 231% from the average daily volume of 178,973 shares. The stock had previously closed at C$0.18.
First Atlantic Nickel Stock Performance
The stock has a market capitalization of C$17.14 million, a PE ratio of -5.75 and a beta of 0.80. The firm’s 50 day moving average is C$0.11 and its two-hundred day moving average is C$0.11.
About First Atlantic Nickel
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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