Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) rose 36% during trading on Wednesday . The stock traded as high as C$0.35 and last traded at C$0.34. Approximately 2,169,605 shares traded hands during mid-day trading, an increase of 572% from the average daily volume of 322,707 shares. The stock had previously closed at C$0.25.
First Atlantic Nickel Stock Up 30.0 %
The company’s 50 day moving average is C$0.22 and its two-hundred day moving average is C$0.16. The company has a market capitalization of C$24.23 million, a PE ratio of -8.13 and a beta of 0.80.
First Atlantic Nickel Company Profile
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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