Canada Nickel Company Inc. (CVE:CNC – Get Free Report) was down 1.9% on Wednesday . The stock traded as low as C$1.01 and last traded at C$1.01. Approximately 63,882 shares traded hands during trading, a decline of 75% from the average daily volume of 252,331 shares. The stock had previously closed at C$1.03.
Canada Nickel Price Performance
The company has a market cap of C$183.02 million, a price-to-earnings ratio of -17.17 and a beta of 2.31. The business has a 50-day simple moving average of C$1.13 and a two-hundred day simple moving average of C$1.32. The company has a quick ratio of 1.20, a current ratio of 1.31 and a debt-to-equity ratio of 0.13.
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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