First Atlantic Nickel (CVE:FAN) Share Price Passes Below 200 Day Moving Average – Time to Sell?

First Atlantic Nickel Corp. (CVE:FANGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.22 and traded as low as C$0.21. First Atlantic Nickel shares last traded at C$0.21, with a volume of 203,890 shares traded.

First Atlantic Nickel Trading Down 6.8%

The stock has a market cap of C$15.28 million, a P/E ratio of -5.13 and a beta of 0.80. The firm’s fifty day moving average is C$0.24 and its 200 day moving average is C$0.23.

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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