Canada Nickel Company Inc. (CVE:CNC - Get Free Report) shot up 1.2% during mid-day trading on Friday . The stock traded as high as C$0.87 and last traded at C$0.87. 139,424 shares were traded during mid-day trading, a decline of 57% from the average session volume of 323,981 shares. The stock had previously closed at C$0.86.
Canada Nickel Stock Down 1.2%
The company has a quick ratio of 1.20, a current ratio of 0.64 and a debt-to-equity ratio of 10.24. The company has a market cap of C$153.73 million, a PE ratio of -17.31 and a beta of 2.31. The firm's fifty day simple moving average is C$0.90 and its 200-day simple moving average is C$0.91.
Canada Nickel Company Profile
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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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