First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) rose 12.5% on Monday . The stock traded as high as C$0.27 and last traded at C$0.27. Approximately 286,401 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 254,393 shares. The stock had previously closed at C$0.24.
First Atlantic Nickel Stock Performance
The company has a market capitalization of C$21.24 million, a price-to-earnings ratio of -7.13 and a beta of 0.80. The firm has a 50-day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.15.
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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