JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

First Atlantic Nickel & Cobalt Corp.

FANCF·FAN·$0.45·$57.9M cap
NickelPipestone XL Nickel-Cobalt Alloy Project, Newfoundland Map

First Atlantic is exploring the 30km Pipestone Ophiolite Ultramafic Complex in central Newfoundland for awaruite (Ni3Fe), a naturally occurring, inherently magnetic nickel-iron-cobalt alloy the company is pursuing via a proprietary smelter-free concentration process. May 2026 microprobe results at the RPM Zone returned up to 86.68% Ni / 6.05% Co in awaruite; June 2026 test work produced concentrate grading up to 71.9% Ni / 1.76% Co. No NI 43-101 resource estimate has been published yet. Added to the Sprott Nickel Miners Index (NASDAQ: NIKL) in July 2026.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
Weak track recordStrong track record
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
Not enough info
Weaker depositStronger deposit
Not enough info
Weaker profileStronger profile
Price Chart
$0.133$0.154$0.187$0.825$0.448AugNovMarJunSep
Aug 12, 2025Sep 4, 2026
News
$0.45
+394.6%from low-57.9%from high
$0.09$1.07
$57.9M
Far belowFar above
$14.2M median
Price (USD - Local)
$0.45 - CAD 0.62
Cash Position (USD)
This company's data hasn't been researched yet
Debt (USD)
This company's data hasn't been researched yet
$57.9M
Far belowFar above
$12M median
154M
Far aboveFar below
161.4M median
Jurisdiction
Canada
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
1.7%
0%100%
12.3% median
This company's data hasn't been researched yet
974 kmfrom Vale S.A.'s Voisey's Bay
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
1.9/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend

Trend data collecting — check back after a few more refreshes.

Your Rankings

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Management Team

CEO and Director of First Atlantic Nickel & Cobalt Corp. (P.Geo.) 15 years of mining and exploration experience building and growing resource projects, including one taken from discovery to over 7 billion tonnes defined within a two-year period; behind two recent porphyry discoveries in British Columbia and several resource expansion projects. Bachelor of Science, Geology, Simon Fraser University.

Chief Financial Officer of First Atlantic Nickel & Cobalt Corp. (CA, CBV, CFA) Chartered accountant, chartered business valuator and CFA charterholder; founded CorpFinance in 1984 and was previously a Tax and Business Valuation Manager at Touche Ross & Co., assisting companies with financing, public offerings, and restructuring.

Project Geologist at First Atlantic Nickel & Cobalt Corp. (B.Sc. Hons) 22 years of mining and exploration experience from grassroots exploration to major mining projects, beginning in the Red Lake gold district in Ontario and spanning nickel, gold, diamonds and antimony, including the Valentine Lake and Voisey's Bay projects in Newfoundland & Labrador. His 2012 honours thesis at Memorial University examined awaruite nickel-iron alloy formation in the Pipestone Pond Ophiolite Complex.

Head of Investor Relations at First Atlantic Nickel & Cobalt Corp. Founder and Managing Partner of Xander Capital Partners, with a background in the financial sector, corporate development and investor relations; previously Head of Investor Relations for Alpha Lithium Corp. from its 2019 launch through its 2023 acquisition.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
2/10

An investor the company calls a 'strategic investor' has held roughly 9.9% since mid-2024, defending that stake through a formally negotiated Investor Rights Agreement across at least four financings, most recently in March 2026. The investor's identity has never been disclosed in any release -- the stake is deliberately kept just under the 10% threshold that would trigger a public early-warning filing in Canada. That is a real, sustained cash position, even though we cannot name who holds it.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.