Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s share price traded up 2.4% on Friday . The company traded as high as C$2.12 and last traded at C$2.10. 735,877 shares were traded during mid-day trading, a decline of 55% from the average session volume of 1,644,477 shares. The stock had previously closed at C$2.05.
Canada Nickel Stock Up 2.4%
The company has a 50-day moving average of C$1.88 and a 200-day moving average of C$1.34. The company has a market capitalization of C$504.09 million, a price-to-earnings ratio of -16.15 and a beta of 0.55. 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. The company was incorporated in 2019 and is headquartered in Toronto, Canada.
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