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Canada Nickel (CVE:CNC) Trading Down 1.4%

Canada Nickel Company Inc. (CVE:CNC - Get Free Report) shares traded down 1.4% during mid-day trading on Friday . The company traded as low as C$1.38 and last traded at C$1.39. 334,790 shares were traded during trading, an increase of 12% from the average session volume of 299,040 shares. The stock had previously closed at C$1.41.

Canada Nickel Price Performance

The stock has a market capitalization of C$251.84 million, a PE ratio of -19.86 and a beta of 2.43. The company has a quick ratio of 1.20, a current ratio of 1.17 and a debt-to-equity ratio of 10.00. The stock's 50 day moving average price is C$1.44 and its 200-day moving average price is C$1.33.

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

About Canada Nickel

(Get Free Report)

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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