First Atlantic Nickel (CVE:FAN) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.11 and traded as high as C$0.19. First Atlantic Nickel shares last traded at C$0.18, with a volume of 615,623 shares trading hands.

First Atlantic Nickel Price Performance

The firm has a market cap of C$13.04 million, a price-to-earnings ratio of -4.38 and a beta of 0.80. The business has a 50-day moving average of C$0.11 and a 200-day moving average of C$0.11.

About First Atlantic Nickel

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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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