First Atlantic Nickel (CVE:FAN) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

First Atlantic Nickel Corp. (CVE:FAN) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.20 and traded as high as C$0.21. First Atlantic Nickel shares last traded at C$0.21, with a volume of 798,830 shares traded.

First Atlantic Nickel Trading Up 14.6 %

The firm has a market cap of C$17.52 million, a P/E ratio of -5.88 and a beta of 0.80. The firm has a 50-day simple moving average of C$0.20 and a 200-day simple moving average of C$0.14.

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.