Shares of Canada Nickel Company Inc. (CVE:CNC - Get Free Report) rose 2.3% during mid-day trading on Monday . The stock traded as high as C$0.91 and last traded at C$0.90. Approximately 263,248 shares changed hands during mid-day trading, an increase of 4% from the average daily volume of 252,268 shares. The stock had previously closed at C$0.88.
Canada Nickel Stock Performance
The company has a debt-to-equity ratio of 10.24, a quick ratio of 1.20 and a current ratio of 0.64. The firm's 50 day moving average is C$0.96 and its 200-day moving average is C$0.92. The firm has a market cap of C$166.39 million, a price-to-earnings ratio of -18.74 and a beta of 2.31.
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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