Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s share 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 Price Performance
The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.20 and a current ratio of 1.31. The company has a fifty day moving average price of C$1.07 and a two-hundred day moving average price of C$1.16. The company has a market cap of C$179.40 million, a P/E ratio of -16.50 and a beta of 2.31.
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.
Further Reading
- Five stocks we like better than Canada Nickel
- What is the Euro STOXX 50 Index?
- 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick
- What is a support level?
- Mouse Rising: The Iger Investment Pays Off for Disney Investors
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Can CAVA Stock Be the Next Chipotle? Earnings Can Help
Receive News & Ratings for Canada Nickel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Nickel and related companies with MarketBeat.com's FREE daily email newsletter.
