Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s stock price traded down 1.9% during trading on Monday . The company traded as low as C$1.02 and last traded at C$1.02. 574,380 shares were traded during trading, an increase of 64% from the average session volume of 349,900 shares. The stock had previously closed at C$1.04.
Canada Nickel Price Performance
The business has a 50-day moving average price of C$0.88 and a 200 day moving average price of C$0.90. The company has a market cap of C$219.87 million, a price-to-earnings ratio of -10.20 and a beta of -0.79. The company has a current ratio of 0.64, a quick ratio of 1.20 and a debt-to-equity ratio of 10.24.
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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