First Atlantic Nickel (CVE:FAN) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of First Atlantic Nickel Corp. (CVE:FANGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.20 and traded as low as C$0.20. First Atlantic Nickel shares last traded at C$0.20, with a volume of 166,464 shares trading hands.

First Atlantic Nickel Trading Down 2.4%

The business’s fifty day moving average price is C$0.20 and its 200 day moving average price is C$0.19. The firm has a market capitalization of C$22.33 million, a price-to-earnings ratio of -10.00 and a beta of 3.03.

About First Atlantic Nickel

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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. 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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