Canada Nickel Company Inc. (CVE:CNC – Free Report) – Cormark increased their FY2025 earnings estimates for Canada Nickel in a report issued on Wednesday, January 8th. Cormark analyst S. Ioannou now forecasts that the company will post earnings of ($0.03) per share for the year, up from their previous estimate of ($0.04). The consensus estimate for Canada Nickel’s current full-year earnings is ($0.04) per share.
Canada Nickel Stock Down 2.3 %
Shares of CNC stock opened at C$0.86 on Monday. The company’s fifty day simple moving average is C$0.95 and its two-hundred day simple moving average is C$1.04. Canada Nickel has a 52 week low of C$0.85 and a 52 week high of C$2.24. The stock has a market cap of C$155.84 million, a P/E ratio of -14.33 and a beta of 2.31. The company has a quick ratio of 1.20, a current ratio of 1.31 and a debt-to-equity ratio of 0.13.
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.
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