Canada Nickel Company Inc. (CVE:CNC - Get Free Report) fell 3.3% on Friday . The stock traded as low as C$0.87 and last traded at C$0.88. 572,818 shares changed hands during mid-day trading, an increase of 82% from the average session volume of 314,821 shares. The stock had previously closed at C$0.91.
Canada Nickel Trading Down 3.3%
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 firm has a market cap of C$159.16 million, a price-to-earnings ratio of -17.92 and a beta of 2.31. The business has a 50 day moving average price of C$0.93 and a 200-day moving average price of C$0.92.
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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