Canada Nickel Company Inc. (CVE:CNC - Get Free Report) shares fell 1.3% on Wednesday . The stock traded as low as C$0.79 and last traded at C$0.79. 107,407 shares changed hands during trading, a decline of 66% from the average session volume of 317,359 shares. The stock had previously closed at C$0.80.
Canada Nickel Price Performance
The firm has a 50-day simple moving average of C$0.87 and a two-hundred day simple moving average of C$0.90. The company has a market capitalization of C$144.69 million, a price-to-earnings ratio of -16.29 and a beta of 2.31. 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
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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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