First Atlantic Nickel (CVE:FAN) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

First Atlantic Nickel Corp. (CVE:FANGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.23 and traded as high as C$0.29. First Atlantic Nickel shares last traded at C$0.29, with a volume of 307,650 shares traded.

First Atlantic Nickel Stock Performance

The stock has a 50-day moving average price of C$0.23 and a two-hundred day moving average price of C$0.17. The stock has a market capitalization of C$21.62 million, a PE ratio of -7.25 and a beta of 0.80.

About First Atlantic Nickel

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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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