Brokers Offer Predictions for Canada Nickel Company Inc.’s FY2022 Earnings (CVE:CNC)

Canada Nickel Company Inc. (CVE:CNCGet Rating) – Equities research analysts at Cormark raised their FY2022 earnings per share estimates for Canada Nickel in a report issued on Tuesday, April 12th. Cormark analyst S. Ioannou now expects that the company will post earnings per share of ($0.01) for the year, up from their previous estimate of ($0.03).

Shares of CNC opened at C$2.60 on Thursday. The company has a market capitalization of C$285.22 million and a P/E ratio of -34.21. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.93 and a quick ratio of 0.88. Canada Nickel has a one year low of C$2.18 and a one year high of C$4.20. The business’s 50 day simple moving average is C$2.94 and its 200-day simple moving average is C$3.08.

Canada Nickel (CVE:CNCGet Rating) last posted its quarterly earnings data on Wednesday, January 26th. The company reported C($0.02) EPS for the quarter.

Canada Nickel Company Profile (Get Rating)

Canada Nickel Company Inc explores and discovers nickel sulphide assets. Its flagship property is the 100% owned Crawford Nickel-Cobalt Sulphide Project located in northern Ontario, Canada. The company was incorporated in 2019 and is headquartered in Toronto, Canada.

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