First Atlantic Nickel (CVE:FAN) Trading Down 5.7% – What’s Next?

First Atlantic Nickel Corp. (CVE:FANGet Free Report)’s share price traded down 5.7% during trading on Friday . The company traded as low as C$0.32 and last traded at C$0.33. 324,816 shares changed hands during trading, a decline of 10% from the average session volume of 362,137 shares. The stock had previously closed at C$0.35.

First Atlantic Nickel Stock Performance

The company has a market cap of C$25.34 million, a price-to-earnings ratio of -8.50 and a beta of 0.80. The business has a fifty day moving average price of C$0.24 and a 200 day moving average price of C$0.18.

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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