First Atlantic Nickel (CVE:FAN) Shares Up 34% – What’s Next?

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s share price traded up 34% during mid-day trading on Wednesday . The stock traded as high as C$0.35 and last traded at C$0.34. 2,182,305 shares changed hands during trading, an increase of 574% from the average session volume of 323,874 shares. The stock had previously closed at C$0.25.

First Atlantic Nickel Stock Up 30.0 %

The stock has a fifty day simple moving average of C$0.22 and a 200-day simple moving average of C$0.16. The company has a market capitalization of C$24.23 million, a P/E ratio of -8.13 and a beta of 0.80.

About First Atlantic Nickel

(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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