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First Atlantic Nickel & Cobalt Corp.

Company price
0.57 CAD 0.00(0%)
Last update at 2026-11-04T19:01:00Z
VOLUME
58378
Market Cap
49.54M

Momentum Score

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First Atlantic Nickel Corp. engages in the identification, evaluation, and acquisition of mineral properties in Canada. It primarily explores for nickel, copper, silver, cobalt, and gold deposits. 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.

Source: TradingView
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Day Price Range
0.57
Low
0.58
High
52 Week Price Range
0.12
Low
0.44
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

First Atlantic Nickel & Cobalt Corp. is a Canadian-listed junior miner focused on nickel and cobalt exploration and development, though public disclosures are limited. The company may benefit from long-term demand for both metals driven by electric vehicles and grid storage, and could be supported by successful exploration results and project advancement that increase resource visibility.

Key risks include typical junior-miner uncertainties: exploration and resource-definition risk, financing and dilution risk, commodity-price volatility, and permitting or jurisdictional challenges.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.57
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-31.91%
Net Debt
-
ROCE
-39.83%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2016-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2016-12-31
Income before tax -1.85M -0.92M -2.43M -0.34M -
Net income -1.85M -0.92M -2.43M -0.34M -9.96M
Selling general administrative 2.31M 0.55M 0.53M 0.41M -
Gross profit -0.02M -0.02M -0.02M 0.00M 9.10M
Reconciled depreciation 0.02M 0.02M 0.02M 0.00M -
Ebit - - - - -1.54M
Operating income -2.62M -0.75M -0.69M -0.49M -1.54M
Interest expense 0.01M 0.00M 0.01M 0.00M 0.00M
Interest income 0.02M 0.00M 0.00M 0.00M -
Net interest income 0.01M -0.00M -0.01M 0.00M -
Income tax expense - - - - -0.14M
Total revenue 0.00M 0.00M 0.00M 0.00M 11.05M
Total operating expenses 2.62M 0.75M 0.69M 0.49M 12.58M
Cost of revenue 0.02M 0.02M 0.02M 0.00M 1.95M
Total other income expense net 0.76M -0.16M -1.73M 0.16M -
Discontinued operations - - - - -0.57M
Net income from continuing ops -1.85M -0.92M -2.43M -0.34M -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2016-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2016-12-31
Total assets 7.45M 2.88M 1.45M 2.37M 63.10M
Total liab 0.89M 0.50M 0.63M 0.42M 8.49M
Total stockholder equity 6.56M 2.38M 0.83M 1.94M -
Other current liab - 0.01M - - 1.56M
Common stock - - - - 71.14M
Capital stock 13.77M 8.13M 6.21M 5.67M -
Retained earnings -10.52M -8.67M -7.75M -5.33M -34.59M
Good will - - - - 20.27M
Cash 0.14M 0.89M 0.81M 0.27M 10.01M
Total current liabilities 0.87M 0.50M 0.61M 0.42M 2.82M
Total current assets 0.44M 1.13M 0.96M 0.48M 14.31M
Long term investments - - - - 3.57M
Short term investments - - - - 0.55M
Net receivables - 0.23M 0.13M 0.08M 2.26M
Inventory - - - - 0.33M
Accounts payable 0.82M 0.40M 0.54M 0.42M 1.27M
Non currrent assets other 0.01M 0.01M 0.01M - -
Non current assets total 7.01M 1.76M 0.49M 1.89M -
Capital lease obligations 0.05M 0.01M 0.03M 0.00M -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2016-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2016-12-31
Investments -3.07M -1.21M -0.28M -1.18M -
Total cashflows from investing activities - - - - 6.94M
Total cash from financing activities 3.38M 2.05M 1.19M 0.82M -0.19M
Change to operating activities - - - - -3.31M
Net income -1.85M -0.92M -2.43M -0.34M -9.96M
Change in cash -0.75M 0.08M 0.55M -1.01M 4.05M
Begin period cash flow 0.89M 0.81M 0.27M 1.28M -
End period cash flow 0.14M 0.89M 0.81M 0.27M 1.28M
Total cash from operating activities -1.06M -0.76M -0.36M -0.64M -2.96M
Issuance of capital stock 2.08M 2.07M 1.06M 0.61M -
Depreciation 0.02M 0.02M 0.02M 0.00M 3.00M
Change to inventory - - - - -0.22M
Change to account receivables - - - - 0.35M
Other cashflows from financing activities - - - - 9.79M
Capital expenditures 0.23M 0.15M 0.04M 0.05M 0.51M
Change in working capital 0.29M -0.24M 0.23M -0.18M -
Stock based compensation 1.24M 0.22M 0.07M 0.03M -
Other non cash items -0.78M -0.01M 0.00M -0.16M -
Free cash flow -1.30M -0.91M -0.40M -0.69M -

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
FAN
First Atlantic Nickel & Cobalt Corp.
-
-%
0.57 - - 4.21 6.52 7.11 -6.87
SGML
Sigma Lithium Resources Corp
0.10
1.28%
7.91 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res
0.03
2.00%
1.27 8.44 9.43 2.78 3.33 2.13 3.85
SLI
Standard Lithium Ltd
0.11
5.76%
2.02 - - 79.52 2.40 83.96 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 - -7.01

Profile*

First Atlantic Nickel & Cobalt Corp.

First Atlantic Nickel Corp. engages in the identification, evaluation, and acquisition of mineral properties in Canada. It primarily explores for nickel, copper, silver, cobalt, and gold deposits. 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.

1075 West Georgia Street, Vancouver, BC, Canada, V6E 3C9

844 592 6337

Name Title Year Born
Mr. Adrian Allister Smith B.Sc., P.Geo. CEO, Corporate Secretary & Director 1987
Mr. Kostantinos Tsoutsis VP of Business Development & Independent Director 1973
Mr. James A. Henning B.Comm., C.A., C.F.A., CPA, CBV Chief Financial Officer 1949
Mr. James A. Henning B.Comm., C.A., C.F.A., CPA, CBV Chief Financial Officer 1950
Mr. Kostantinos Tsoutsis VP of Business Development & Independent Director 1974
Mr. Adrian Allister Smith B.Sc., P.Geo. CEO, Corporate Secretary & Director 1988

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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