Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) were up 14.6% on Friday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 190,628 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 197,279 shares. The stock had previously closed at C$0.21.
First Atlantic Nickel Trading Up 14.6 %
The firm has a 50 day moving average price of C$0.20 and a 200-day moving average price of C$0.14. The firm has a market cap of C$17.52 million, a price-to-earnings ratio of -5.88 and a beta of 0.80.
About First Atlantic Nickel
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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