First Atlantic Nickel Corp. (CVE:FAN – Get Free Report)’s share price dropped 10.9% during trading on Monday . The stock traded as low as C$0.20 and last traded at C$0.21. Approximately 508,929 shares traded hands during mid-day trading, an increase of 166% from the average daily volume of 191,575 shares. The stock had previously closed at C$0.23.
First Atlantic Nickel Price Performance
The company has a market capitalization of C$19.01 million, a PE ratio of -6.38 and a beta of 0.80. The company’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.11.
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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