FY2025 Earnings Estimate for Canada Nickel Issued By Cormark

Canada Nickel Company Inc. (CVE:CNC) – Equities research analysts at Cormark cut their FY2025 earnings per share estimates for shares of Canada Nickel in a report released on Wednesday, March 5th. Cormark analyst S. Ioannou now anticipates that the company will earn ($0.04) per share for the year, down from their prior forecast of ($0.03). The consensus estimate for Canada Nickel’s current full-year earnings is ($0.04) per share.

Canada Nickel Stock Performance

Shares of CNC opened at C$1.00 on Monday. The firm has a fifty day moving average of C$0.85 and a 200-day moving average of C$0.96. The company has a market cap of C$180.86 million, a price-to-earnings ratio of -20.37 and a beta of 2.31. The company has a debt-to-equity ratio of 10.24, a quick ratio of 1.20 and a current ratio of 0.64. Canada Nickel has a 1 year low of C$0.74 and a 1 year high of C$1.60.

Insider Activity at Canada Nickel

In other Canada Nickel news, Director David Smith bought 50,000 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were purchased at an average cost of C$0.84 per share, for a total transaction of C$42,055.00. Also, Senior Officer Stephen James Balch sold 123,996 shares of the business’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of C$0.87, for a total value of C$107,876.52. 14.82% of the stock is currently owned by insiders.

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.