First Atlantic Nickel (CVE:FAN) Trading 30% Higher – Time to Buy?

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

First Atlantic Nickel Trading Down 9.2 %

The business has a fifty day moving average of C$0.22 and a 200-day moving average of C$0.16. The firm has a market cap of C$21.99 million, a PE ratio of -7.38 and a beta of 0.80.

First Atlantic Nickel Company Profile

(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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