Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s stock price was down 6.2% during mid-day trading on Tuesday . The stock traded as low as C$1.34 and last traded at C$1.36. 604,593 shares changed hands during trading, a decline of 33% from the average session volume of 905,000 shares. The stock had previously closed at C$1.45.
Canada Nickel Stock Performance
The company has a quick ratio of 1.20, a current ratio of 0.35 and a debt-to-equity ratio of 24.31. The company has a market capitalization of C$335.11 million, a PE ratio of -12.45 and a beta of 0.51. The business has a 50 day simple moving average of C$1.57 and a 200 day simple moving average of 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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