Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s stock price was down 1% during trading on Thursday . The company traded as low as C$0.98 and last traded at C$0.99. Approximately 155,629 shares traded hands during trading, a decline of 33% from the average daily volume of 234,015 shares. The stock had previously closed at C$1.00.
Canada Nickel Stock Down 3.0 %
The company has a market cap of C$173.96 million, a P/E ratio of -16.00 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 firm’s 50 day moving average price is C$1.07 and its 200-day moving average price is C$1.16.
Canada Nickel Company Profile
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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