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

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

First Atlantic Nickel Stock Down 10.3 %

The stock has a market capitalization of C$13.04 million, a price-to-earnings ratio of -4.38 and a beta of 0.80. The business’s 50-day moving average is C$0.10 and its two-hundred day moving average is 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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