First Atlantic Nickel (CVE:FAN) Stock Price Up 12.5% – Time to Buy?

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s stock price shot up 12.5% during mid-day trading on Monday . The company traded as high as C$0.27 and last traded at C$0.27. 286,401 shares traded hands during mid-day trading, an increase of 13% from the average session volume of 254,393 shares. The stock had previously closed at C$0.24.

First Atlantic Nickel Stock Up 11.8 %

The stock has a fifty day moving average price of C$0.20 and a 200-day moving average price of C$0.15. The firm has a market cap of C$21.24 million, a price-to-earnings ratio of -7.13 and a beta of 0.80.

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.

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