First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) shares rose 30% during trading on Thursday . The company traded as high as C$0.35 and last traded at C$0.33. Approximately 2,223,805 shares were traded 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 Price Performance
The firm has a market cap of C$21.62 million, a price-to-earnings ratio of -7.25 and a beta of 0.80. The business has a 50 day moving average of C$0.22 and a 200 day moving average of C$0.16.
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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