Canada Nickel Company Inc. (CVE:CNC - Get Free Report)'s stock price dropped 3.3% during trading on Friday . The company traded as low as C$0.87 and last traded at C$0.88. Approximately 572,818 shares changed hands during trading, an increase of 82% from the average daily volume of 314,821 shares. The stock had previously closed at C$0.91.
Canada Nickel Trading Down 1.1%
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 stock has a fifty day simple moving average of C$0.93 and a 200 day simple moving average of C$0.92. The firm has a market capitalization of C$157.35 million, a P/E ratio of -17.72 and a beta of 2.31.
About Canada Nickel
(
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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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