Canada Nickel Company Inc. (CVE:CNC – Get Free Report) shares fell 0.7% on Wednesday . The stock traded as low as C$1.34 and last traded at C$1.37. Approximately 509,804 shares were traded 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 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 stock has a fifty day moving average of C$1.47 and a 200-day moving average of C$1.71. The stock has a market cap of C$335.11 million, a PE ratio of -12.45 and a beta of 0.51.
About Canada Nickel
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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