Shares of North American Nickel Inc. (CVE:NAN) shot up 21.4% on Friday . The stock traded as high as C$0.09 and last traded at C$0.09, 174,200 shares were traded during mid-day trading. An increase of 321% from the average session volume of 41,329 shares. The stock had previously closed at C$0.07.
The stock has a market capitalization of $7.10 million and a P/E ratio of -2.50. The business has a fifty day moving average price of C$0.08 and a 200-day moving average price of C$0.14.
About North American Nickel (CVE:NAN)
North American Nickel Inc operates as a mineral exploration and resource development company. It engages in the exploration and development of mineral properties in Greenland, Canada, and the United States. The company's principal project is the Maniitsoq property, nickel-copper-cobalt-precious metal sulphide project that consists of two exploration licenses covering an area of 2,985 square kilometers located in Greenland.
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