First Atlantic Nickel Corp
XTSX:FAN

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First Atlantic Nickel Corp
XTSX:FAN
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Price: 0.53 CAD 29.27% Market Closed
Market Cap: CA$64.1m

P/B

6.5
Current
216%
More Expensive
vs 3-y average of 2.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.5
=
Market Cap
CA$25.8m
/
Total Equity
CA$7.9m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.5
=
Market Cap
CA$25.8m
/
Total Equity
CA$7.9m

Valuation Scenarios

First Atlantic Nickel Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (2.1), the stock would be worth CA$0.17 (68% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-68%
Maximum Upside
No Upside Scenarios
Average Downside
58%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 6.5 CA$0.53
0%
3-Year Average 2.1 CA$0.17
-68%
5-Year Average 2.1 CA$0.17
-68%
Industry Average 4.3 CA$0.35
-35%
Country Average 2.7 CA$0.22
-59%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
CA
First Atlantic Nickel Corp
XTSX:FAN
Average P/E: 8 580.5
Negative Multiple: -24
N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
19%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
10.6
1%
10.6
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 690
N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
47%
N/A
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 284.6 N/A N/A
US
Coupang Inc
F:788
174.3
96%
1.8
ZA
V
Vukile Property Fund Ltd
JSE:VKE
6.9
-5%
N/A

Market Distribution

Higher than 78% of companies in Canada
Percentile
78th
Based on 3 061 companies
78th percentile
6.5
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

First Atlantic Nickel Corp
Glance View

Market Cap
64.1m CAD
Industry
N/A

First Atlantic Nickel Corp. engages in the acquisition, development, and exploration of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2013-06-19. The Project's nickel occurs as awaruite, a natural nickel-iron alloy containing approximately 75% nickel with no-sulfur and no-sulfides. The Project totals 21,850 hectares of wholly owned land, featuring multiple mineralized zones, and covers almost entire Pipestone Ophiolite Complex. Its Voisey's West project is located in the Churchill Province of Labrador and consists of Nickel-Copper-Cobalt-platinum-group elements (PGE) mineralization. Its Atlantis Project totals 13,675 hectares and covers a large ultramafic complex of potential mantle source, known as the St. Anthony Complex and White Hills. The firm also owns 100% interest in mining license 038152M, consisting of 12 mineral claims located in central Newfoundland, known as the RPM South claims.

FAN Intrinsic Value
0.001 CAD
Overvaluation 100%
Intrinsic Value
Price CA$0.53
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