First Atlantic Nickel (CVE:FAN) Trading Down 5.7% – Should You Sell?

First Atlantic Nickel Corp. (CVE:FANGet Free Report) fell 5.7% during trading on Friday . The company traded as low as C$0.32 and last traded at C$0.33. 324,816 shares were traded during mid-day trading, a decline of 10% from the average session volume of 362,137 shares. The stock had previously closed at C$0.35.

First Atlantic Nickel Price Performance

The stock’s fifty day moving average is C$0.24 and its 200-day moving average is C$0.18. The stock has a market cap of C$24.60 million, a PE ratio of -8.25 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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