First Atlantic Nickel (CVE:FAN) Hits New 52-Week High – Time to Buy?

First Atlantic Nickel Corp. (CVE:FANGet Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as C$0.27 and last traded at C$0.26, with a volume of 576918 shares trading hands. The stock had previously closed at C$0.25.

First Atlantic Nickel Trading Up 3.9 %

The firm has a market capitalization of C$19.75 million, a PE ratio of -6.63 and a beta of 0.80. The business’s 50 day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.12.

First Atlantic Nickel Company Profile

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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.

Further Reading

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