Shares of First Atlantic Nickel Corp. (CVE:FAN – Get Free Report) rose 18.8% during trading on Tuesday . The stock traded as high as C$0.79 and last traded at C$0.76. Approximately 914,511 shares traded hands during trading, an increase of 20% from the average session volume of 761,198 shares. The stock had previously closed at C$0.64.
First Atlantic Nickel Trading Up 15.6%
The stock has a market capitalization of C$113.45 million, a P/E ratio of -24.67 and a beta of 4.29. The stock’s fifty day moving average price is C$0.64 and its two-hundred day moving average price is C$0.59.
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. 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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