Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) were up 19.8% on Wednesday . The stock traded as high as C$1.04 and last traded at C$1.03. 1,598,041 shares traded hands during mid-day trading, an increase of 87% from the average session volume of 856,692 shares. The stock had previously closed at C$0.86.
First Atlantic Nickel Price Performance
The stock has a market cap of C$152.38 million, a PE ratio of -50.00 and a beta of 2.95. The business has a 50 day moving average price of C$0.76 and a two-hundred day moving average price of C$0.42.
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. The company was formerly known as Avante Mining Corp. and changed its name to First Atlantic Nickel Corp. in April 2024. First Atlantic Nickel Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.
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