First Atlantic Nickel (CVE:FAN) Trading 30% Higher – Here’s Why

Shares of First Atlantic Nickel Corp. (CVE:FANGet Free Report) traded up 30% during mid-day trading on Thursday . The stock traded as high as C$0.35 and last traded at C$0.33. 2,223,805 shares traded hands during mid-day trading, an increase of 583% from the average session volume of 325,827 shares. The stock had previously closed at C$0.25.

First Atlantic Nickel Trading Down 9.2 %

The company has a market cap of C$21.99 million, a price-to-earnings ratio of -7.38 and a beta of 0.80. The firm’s fifty day moving average price is C$0.22 and its 200-day moving average price is C$0.16.

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.

Read More

Receive News & Ratings for First Atlantic Nickel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Atlantic Nickel and related companies with MarketBeat.com's FREE daily email newsletter.