Canada Nickel (CVE:CNC) Shares Down 1.4%

Canada Nickel Company Inc. (CVE:CNC - Get Free Report) shares fell 1.4% on Tuesday . The stock traded as low as C$1.39 and last traded at C$1.43. 140,485 shares changed hands during trading, a decline of 56% from the average session volume of 322,807 shares. The stock had previously closed at C$1.45.

Canada Nickel Stock Performance

The company has a market capitalization of C$257.63 million, a P/E ratio of -20.57 and a beta of 2.43. The company has a debt-to-equity ratio of 10.00, a quick ratio of 1.20 and a current ratio of 1.17. The business's fifty day simple moving average is C$1.44 and its 200-day simple moving average is C$1.30.

Canada Nickel (CVE:CNC - Get Free Report) last announced its quarterly earnings results on Thursday, March 21st. The company reported C($0.03) EPS for the quarter. As a group, equities analysts anticipate that Canada Nickel Company Inc. will post -0.04 earnings per share for the current fiscal year.

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.

Further Reading

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