First Atlantic Nickel (CVE:FAN) Shares Up 30% – What’s Next?

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s share price was up 30% on Wednesday . 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 Stock Performance

The firm has a market cap of C$24.23 million, a P/E ratio of -8.13 and a beta of 0.80. The firm has a fifty day moving average of C$0.22 and a 200-day moving average of C$0.16.

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.

Further Reading

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