First Atlantic Nickel (CVE:FAN) Trading 5.1% Higher – Time to Buy?

First Atlantic Nickel Corp. (CVE:FANGet Free Report) shares shot up 5.1% during mid-day trading on Tuesday . The stock traded as high as C$0.21 and last traded at C$0.21. 84,571 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 194,216 shares. The stock had previously closed at C$0.20.

First Atlantic Nickel Stock Performance

The stock has a market capitalization of C$19.01 million, a price-to-earnings ratio of -6.38 and a beta of 0.80. The business has a fifty day simple moving average of C$0.12 and a 200 day simple moving average of C$0.11.

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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