Canada Nickel Company Inc. (CVE:CNC - Get Free Report) traded down 9.6% during mid-day trading on Thursday . The company traded as low as C$0.82 and last traded at C$0.85. 1,013,614 shares changed hands during trading, an increase of 277% from the average session volume of 269,218 shares. The stock had previously closed at C$0.94.
Canada Nickel Price Performance
The company has a current ratio of 0.64, a quick ratio of 1.20 and a debt-to-equity ratio of 10.24. The company has a market capitalization of C$159.16 million, a P/E ratio of -17.92 and a beta of 2.31. The business's fifty day moving average price is C$0.94 and its 200-day moving average price is 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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