First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) is a critical mineral exploration company in Newfoundland & Labrador developing the Pipestone XL Nickel Alloy Project (formerly the Atlantic Nickel Project). The project spans the entire 30-kilometer Pipestone Ophiolite Complex, where multiple zones, including RPM, Super Gulp, Atlantic Lake, and Chrome Pond, contain awaruite (Ni₃Fe), a naturally occurring magnetic nickel-iron-cobalt alloy of approximately ~75% nickel with no-sulfur and no-sulfides, along with secondary chromium mineralization. Awaruite's sulfur-free composition removes acid mine drainage (AMD) risks, while its unique magnetic properties enable processing through magnetic separation, eliminating the electricity requirements, emissions, and environmental impacts of conventional smelting, roasting, or high pressure acid leaching while reducing dependence on overseas nickel processing infrastructure.
The U.S. Geological Survey recognized awaruite's strategic importance in its 2012 Annual Report on Nickel, noting that these deposits may help alleviate prolonged nickel concentrate shortages since the natural alloy is much easier to concentrate than typical nickel sulfides[1]. The Pipestone XL Nickel Alloy Project is located near existing infrastructure with year-round road access and proximity to hydroelectric power. These features provide favorable logistics for exploration and future development, strengthening First Atlantic’s role to establish a secure and reliable source of North American nickel production for the stainless steel, electric vehicle, aerospace, and defense industries. This mission gained importance when the US added nickel to its critical minerals list in 2022[2], recognizing it as a non-fuel mineral essential to economic and national security with a supply chain vulnerable to disruption.
Sector:
Non Energy Minerals
Industry:
Other Metals Or Minerals
Employees:
N/A
Frequently Asked Questions
What is Market Cap of First Atlantic Nickel Corp.?
Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. First Atlantic Nickel Corp. market cap is $18.49M.
What is the 52-week high for First Atlantic Nickel Corp.?
52 week high is the highest price of a stock in the past 52 weeks, or one year. First Atlantic Nickel Corp. 52 week high is $0.4447 as of October 30, 2025.
What is the 52-week low for First Atlantic Nickel Corp.?
52 week low is the lowest price of a stock in the past 52 weeks, or one year. First Atlantic Nickel Corp. 52 week low is $0.075 as of October 30, 2025.
What is First Atlantic Nickel Corp. stock price today?
First Atlantic Nickel Corp. stock price today is $0.1472.
What was First Atlantic Nickel Corp. stock price yesterday?
First Atlantic Nickel Corp. stock price yesterday was $0.1421.
What is the PE ratio of First Atlantic Nickel Corp.?
The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share (or EPS). It can also be calculated by dividing the company’s Market Cap by the Net Profit. First Atlantic Nickel Corp.’s P/E ratio is -11.94.
What is the Price-to-Book ratio of First Atlantic Nickel Corp.?
The Price-to-Book (P/B) ratio is a commonly used tool for valuing a company. It’s calculated by dividing a company’s market capitalization by its book value. First Atlantic Nickel Corp. P/B ratio is 2.2707.
What is the 50-day moving average of First Atlantic Nickel Corp.?
The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. First Atlantic Nickel Corp. 50-day moving average is $0.1275.