First Atlantic Nickel (CVE:FAN) Shares Pass Above Fifty Day Moving Average – Should You Sell?

First Atlantic Nickel Corp. (CVE:FAN)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.23 and traded as high as C$0.29. First Atlantic Nickel shares last traded at C$0.29, with a volume of 307,650 shares changing hands.

First Atlantic Nickel Trading Up 3.6 %

The firm has a market capitalization of C$21.62 million, a price-to-earnings ratio of -7.25 and a beta of 0.80. The stock’s 50-day moving average is C$0.23 and its 200-day moving average is C$0.17.

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.