First Atlantic Nickel & Cobalt Corp.
FAN.V
Toronto Stock Exchange Ventures0.74
CAD
+0.01
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First Atlantic Nickel & Cobalt Corp.
FAN.V
(Toronto Stock Exchange Ventures)
Recent
price
0.74
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- First Atlantic Nickel & Cobalt Corp. is a Canadian mineral exploration company that develops the 100%-owned Pipestone XL Nickel-Cobalt Alloy Project and Atlantic Nickel Project in Newfoundland, Canada, with a focus on awaruite, a naturally magnetic nickel-iron-cobalt alloy that can be processed into high-grade nickel-cobalt concentrate without conventional smelting. Founded in 2021 and headquartered in Vancouver, British Columbia, the company explores district-scale nickel, cobalt and chromium mineralization across its 30-kilometer ophiolite trend in Newfoundland; its activities include drilling, metallurgical testing, magnetic recovery and concentration, and evaluation of downstream supply-chain applications for EV batteries, stainless steel, aerospace and defense markets. In 2026, the company changed its name from First Atlantic Nickel Corp. to First Atlantic Nickel & Cobalt Corp. to reflect the cobalt content of awaruite, completed a no-warrant private placement financing and a $16 million two-stage earn-in agreement with Core Critical Metals Corp. on the Lucky Mike copper-silver-tungsten project, and was accepted into the U.S. Defense Industrial Base Consortium. It also advanced the Pipestone XL project with new discovery drilling at the Alloy Max Zone and RPM Zone, reported electron microprobe results showing awaruite grading 77.62% nickel and 1.69% cobalt, produced high-grade alloy concentrate up to 71.9% nickel and 1.76% cobalt using its first-ever ONSHORE MAX recovery and concentration process, added strategic advisors with U.S. critical minerals and energy research backgrounds, and was included in the Nasdaq Sprott Nickel Miners Index. Its common shares trade on the TSX Venture Exchange under FAN, on the OTCQB under FANCF, and on the Frankfurt exchange under P210.