First Atlantic Nickel (TSXV:FAN) - Stock Price, News & Analysis

FAN Stock Overview

Engages in the identification, evaluation, and acquisition of mineral properties in Canada. More details

FAN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Canadian market

Earnings have declined by 41% per year over past 5 years

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (CA$0)

+ 2 more risks

First Atlantic Nickel Corp. Competitors

Delta Resources

TSXV:DLTA

CA$17.1m

Cosa Resources

TSXV:COSA

CA$12.0m

Lithium South Development

TSXV:LIS

CA$12.1m

Wolfden Resources

TSXV:WLF

CA$9.9m

Price History & Performance

Summary of all time highs, changes and price drops for First Atlantic Nickel
Historical stock prices
Current Share Price	CA$0.21
52 Week High	CA$0.24
52 Week Low	CA$0.065
Beta	0.84
11 Month Change	121.05%
3 Month Change	147.06%
1 Year Change	180.00%
33 Year Change	-58.00%
5 Year Change	-58.00%
Change since IPO	-97.67%

Recent updates

Shareholder Returns

	FAN	CA Metals and Mining	CA Market
7D	20.0%	5.6%	1.3%
1Y	180.0%	31.8%	23.1%

Return vs Industry: FAN exceeded the Canadian Metals and Mining industry which returned 30% over the past year.

Return vs Market: FAN exceeded the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is FAN's price volatile compared to industry and market?
FAN volatility
FAN Average Weekly Movement	22.0%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: FAN's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: FAN's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
2011	n/a	Adrian Smith	www.fanickel.com

First Atlantic Nickel Corp. engages in the identification, evaluation, and acquisition of mineral properties in Canada. It primarily explores for nickel, copper, silver, cobalt, gold, and molybdenum deposits. The company’s main project is the 100% interest owned Voisey's West Property located in the Churchill Province of Labrador, Canada.

First Atlantic Nickel Corp. Fundamentals Summary

How do First Atlantic Nickel's earnings and revenue compare to its market cap?
FAN fundamental statistics
Market cap	CA$15.27m
Earnings (TTM)	-CA$1.61m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-9.9x

P/E Ratio

Is FAN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FAN income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$1.61m
Earnings	-CA$1.61m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.021
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did FAN perform over the long term?

See historical performance and comparison

FAN Stock Overview

Risk Analysis

First Atlantic Nickel Corp. Competitors

TSXV:DLTA

CA$17.1m

TSXV:COSA

CA$12.0m

TSXV:LIS

CA$12.1m

TSXV:WLF

CA$9.9m

Price History & Performance

Recent News & Updates

First Atlantic Drills New Discovery At Rpm Zone with 394 Meters of Visually Disseminated Awaruite, 10 Km South of Super Gulp Zone

First Atlantic Nickel Corp. Provides an Update on the Ongoing Drilling At Its 100% Owned, Multi- Zone, District-Scale Atlantic Nickel Project

First Atlantic Nickel Corp. Commences Drilling at Atlantic Nickel Project After New Visible Awaruite Discoveries Across 30 Km Trend

New major risk - Financial position

First Atlantic Nickel Accelerates Exploration At Atlantic Nickel Project with Expanded Crew, LiDAR Survey, and Infrastructure Upgrades

First Atlantic Nickel Confirms 30 Km Trend At Atlantic Nickel Project and Begins 2024 Exploration Program

Recent updates

First Atlantic Drills New Discovery At Rpm Zone with 394 Meters of Visually Disseminated Awaruite, 10 Km South of Super Gulp Zone

First Atlantic Nickel Corp. Provides an Update on the Ongoing Drilling At Its 100% Owned, Multi- Zone, District-Scale Atlantic Nickel Project

First Atlantic Nickel Corp. Commences Drilling at Atlantic Nickel Project After New Visible Awaruite Discoveries Across 30 Km Trend

New major risk - Financial position

First Atlantic Nickel Accelerates Exploration At Atlantic Nickel Project with Expanded Crew, LiDAR Survey, and Infrastructure Upgrades

First Atlantic Nickel Confirms 30 Km Trend At Atlantic Nickel Project and Begins 2024 Exploration Program

First Atlantic Nickel Corp. Identifies 30Km Awaruite Nickel Trend from Data Compilation At Atlantic Nickel Project in Central Newfoundland

First Atlantic Nickel Corp. announced that it has received CAD 2.085 million in funding

New major risk - Financial position

First Atlantic Nickel Corp., Annual General Meeting, Jun 06, 2024

Avante Mining Corp. announced that it has received CAD 0.7 million in funding

New major risk - Financial position

Avante Mining Corp. announced that it has received CAD 0.45 million in funding

Avante Mining Corp. Cuts 24 metres of Visible Sulfides at the Voisey's West Project

New major risk - Share price stability

Avante Mining Corp. Assays up to 1.85% of Nickel from Historic Core Samples and Receives Drilling Permits at the TL Nickel Project

Avante Mining Corp. Initiates Sampling At Tl Nickel Property

Avante Mining Corp. announced that it has received CAD 0.15 million in funding

ArcPacific Resources Corp. announced that it has received CAD 1.7 million in funding

ArcPacific Resources Corp. announced that it expects to receive CAD 1.5 million in funding

ArcPacific Resources Corp. Provides an Update Regarding Ongoing Work At Its 100% Owned Lucky Mike Silver Lode Project

ArcPacific Resources Corp Receives LMSL Permits and Provides Update on Exploration Activities

ArcPacific Resources Corp. announced that it has received CAD 0.255 million in funding

ArcPacific Resources Corp. Locates Lost Gold-Copper Mine on LMSL Project

Arcpacific Resources Corp. Announces That It Has Mobilized A Field Crew to Begin Exploration Work At Its 100% Owned, 120 Plus Square Kilometre, Lmsl Project Located in the Quesnel Trough, British Columbia

ArcPacific Reports that GoldSpot Identifies 24Targets and Confirms Presence of Porphyry System at LMSL Copper-Gold-Molybdenum-Silver Project

ArcPacific Resources Corp., Annual General Meeting, Apr 07, 2022

ArcPacific Resources Corp. Provides Update on the Blackdome Gold Project

ArcPacific Resources Corp. announced that it has received CAD 0.2 million in funding

ArcPacific Resources Corp. announced that it expects to receive CAD 2 million in funding

Director Adrian Smith has joined 5th company board

Director Adrian Smith has joined 5th company board

Arcpacific Resources Corp. Provides an Update on Its Ongoing Exploration on Its Gold, Copper and Silver Projects in Ontario and British Columbia, Canada

ArcPacific Resources Corp. Provides an Update on Initial Results for the First Four Holes Completed at the Rickard Gold Project Near Timmins, Ontario

ArcPacific Resources Corp Cuts New Mineralized Shear, Zone and Veining in Southern Step-Out at Rickard Gold Project

An unknown buyer acquired US WEST LNG CORP. from ArcPacific Resources Corp. (TSXV:ACP).

ArcPacific Resources Corp. Drills 15 Holes & Intersects New Zone at Rickard Gold Project

Arcpacific Resources Corp. Announces Ongoing Drilling Program at the Rickard Gold Project

ArcPacific Resources Completes First Eight Holes and Continues to Intersect Wide Zones of Alteration and Veining at its Rickard Gold Project

Arcpacific Resources Corp. Provides an Update on the Ongoing Data Analysis for Its 100% Owned 8,136 Hectare Lucky Mike Silver Lode Project

Independent Director has left the company

Independent Director has left the company

ArcPacific Resources Corp. Announces Changes to Its Board

ArcPacific Resources Corp., Annual General Meeting, Feb 18, 2021

ArcPacific Resources Corp. Completes an Extensive Data Compilation Program Resulting in the Identification of Highly Elevated Gold, Copper and Silver Occurrences Spread Across the 8,136 Hectare Lucky Mike Silver Lode Project

ArcPacific Resources Corp. Completes A Detailed Light Detection and Ranging ("Lidar") Survey over the Historic Rickard Gold Mine Which Is Now Fully Contained Within the Company's 100% Owned Rickard Gold Mine Property

ArcPacific Resources Corp. announced that it has received CAD 1.4 million in funding

ArcPacific Resources Corp. announced that it expects to receive CAD 1.4 million in funding

Arcpacific Resources Corp. Begins Work At the Rickard Gold Mine Property in Timmins Ontario

ArcPacific Resources Corp. Announces Executive Changes

ArcPacific Resources Corp. announced that it has received CAD 0.617 million in funding

ArcPacific Resources Corp. Announces Executive Changes

ArcPacific Resources Corp. (TSXV:ACP) acquired Silver Lode Claims in southern British Columbia.

ArcPacific Resources Corp. announced that it expects to receive CAD 0.6 million in funding

ArcPacific Resources Corp. Appoints Collin Kim as Interim Chief Executive Officer

ArcPacific Resources Corp. Auditor Raises 'Going Concern' Doubt

Shareholder Returns

Price Volatility

About the Company

First Atlantic Nickel Corp. Fundamentals Summary