Shares of Canada Nickel Company Inc. (CVE:CNC – Get Free Report) traded down 1.9% during trading on Thursday . The company traded as low as C$1.02 and last traded at C$1.04. 217,139 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 235,592 shares. The stock had previously closed at C$1.06.
Canada Nickel Price Performance
The company has a market cap of C$190.27 million, a price-to-earnings ratio of -17.50 and a beta of 2.31. The company has a current ratio of 1.31, a quick ratio of 1.20 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average price of C$1.07 and a two-hundred day moving average price of C$1.21.
About Canada Nickel
Canada Nickel Company Inc, together with its subsidiaries, engages in the exploration, discovery, and development of nickel sulphide assets. It also develops zero-carbon production of nickel, cobalt, and iron. Its flagship project is the Crawford Nickel project located in northern Ontario, Canada. It serves electric vehicle, green energy, and stainless steel markets.
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