Canada Nickel (CVE:CNC) Stock Price Down 1.8%

Canada Nickel Company Inc. (CVE:CNCGet Free Report) traded down 1.8% during trading on Monday . The company traded as low as C$1.09 and last traded at C$1.11. 212,021 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 244,878 shares. The stock had previously closed at C$1.13.

Canada Nickel Stock Down 1.8 %

The firm has a market capitalization of C$201.14 million, a PE ratio of -18.50 and a beta of 2.31. The business’s fifty day moving average price is C$1.06 and its 200 day moving average price is C$1.25. The company has a quick ratio of 1.20, a current ratio of 1.31 and a debt-to-equity ratio of 0.13.

Canada Nickel Company Profile

(Get Free Report)

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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