Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s share price traded down 0.7% on Wednesday . The company traded as low as C$1.34 and last traded at C$1.37. Approximately 509,804 shares traded hands during trading, a decline of 39% from the average session volume of 841,201 shares. The stock had previously closed at C$1.38.
Canada Nickel Price Performance
The company has a debt-to-equity ratio of 24.31, a current ratio of 0.35 and a quick ratio of 1.20. The stock has a market capitalization of C$381.59 million, a P/E ratio of -14.18 and a beta of 0.51. The stock’s fifty day moving average is C$1.47 and its 200-day moving average is C$1.71.
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. The company was incorporated in 2019 and is headquartered in Toronto, Canada.
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