First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) traded down 7.1% on Friday . The stock traded as low as C$0.32 and last traded at C$0.33. 212,316 shares were traded during mid-day trading, a decline of 41% from the average session volume of 357,063 shares. The stock had previously closed at C$0.35.
First Atlantic Nickel Price Performance
The firm has a fifty day moving average price of C$0.24 and a two-hundred day moving average price of C$0.18. The stock has a market capitalization of C$25.34 million, a PE ratio of -8.50 and a beta of 0.80.
About First Atlantic Nickel
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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