First Atlantic Nickel (CVE:FAN) Stock Price Up 5.1% – Here’s Why

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s share price rose 5.1% during mid-day trading on Tuesday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 84,571 shares traded hands during trading, a decline of 56% from the average daily volume of 194,216 shares. The stock had previously closed at C$0.20.

First Atlantic Nickel Price Performance

The company has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.11. The firm has a market cap of C$17.14 million, a P/E ratio of -5.88 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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