First Atlantic Nickel (CVE:FAN) Reaches New 1-Year High – Here’s What Happened

First Atlantic Nickel Corp. (CVE:FAN) reached a new 52-week high on Tuesday . The company traded as high as C$0.19 and last traded at C$0.17, with a volume of 2121343 shares. The stock had previously closed at C$0.14.

First Atlantic Nickel Stock Performance

The stock has a market cap of C$13.04 million, a PE ratio of -3.38 and a beta of 0.80. The stock has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.11.

First Atlantic Nickel Company Profile

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.