Canada Nickel Company Inc. (CVE:CNC) Senior Officer Stephen James Balch Sells 123,996 Shares of Stock

Canada Nickel Company Inc. (CVE:CNC) Senior Officer Stephen James Balch sold 123,996 shares of the firm’s stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of C$0.87, for a total transaction of C$107,876.52.

Canada Nickel Stock Performance

Shares of CVE:CNC opened at C$0.84 on Thursday. The business’s 50 day simple moving average is C$0.94 and its 200 day simple moving average is C$1.03. Canada Nickel Company Inc. has a 1 year low of C$0.82 and a 1 year high of C$2.24. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.31 and a quick ratio of 1.20. The company has a market capitalization of C$152.22 million, a P/E ratio of -14.00 and a beta of 2.31.

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.