First Atlantic Nickel (CVE:FAN) Trading Down 3.6% – Time to Sell?

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s share price traded down 3.6% on Monday . The company traded as low as C$0.14 and last traded at C$0.14. 160,664 shares changed hands during trading, an increase of 22% from the average session volume of 131,830 shares. The stock had previously closed at C$0.14.

First Atlantic Nickel Trading Down 7.1 %

The company’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.11. The firm has a market cap of C$9.69 million, a price-to-earnings ratio of -3.50 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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