CVE:CNC

Canada Nickel (CNC) Stock Forecast, Price & News

C$1.24

-0.05 (-3.88%)

(As of 05:13 PM ET)

Compare

Today's Range: C$1.22
▼
C$1.32
50-Day Range: C$1.24
▼
C$1.70
52-Week Range: C$1.18
▼
C$2.20

Volume: 481,173 shs
Average Volume: 287,871 shs
Market Capitalization: C$170.54 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$2.50

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Options Chain

Canada Nickel MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 101.6% Upside
C$2.50 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$62,400 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Canada Nickel has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$2.50, Canada Nickel has a forecasted upside of 101.6% from its current price of C$1.24.
Amount of Analyst Coverage
Canada Nickel has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CNC.

0.0

Dividend Strength

Dividend Yield
Canada Nickel does not currently pay a dividend.
Dividend Growth
Canada Nickel does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CNC.

1.3

News and Social Media Coverage

News Sentiment
Canada Nickel has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Canada Nickel this week, compared to 1 article on an average week.
Search Interest
Only 25 people have searched for CNC on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canada Nickel insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$62,400.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 3.50% of the stock of Canada Nickel is held by insiders.
Percentage Held by Institutions
Only 2.08% of the stock of Canada Nickel is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canada Nickel is -13.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canada Nickel is -13.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Canada Nickel has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Canada Nickel (CVE:CNC) Stock

Canada Nickel Company Inc., together with its subsidiary, engages in the exploration, discovery, and development of nickel sulphide assets. It owns a 100% interest in the Crawford Nickel-Cobalt Sulphide project located in northern Ontario, Canada. The company serves electric vehicle, green energy, and stainless-steel markets. Canada Nickel Company Inc. was incorporated in 2019 and is headquartered in Toronto, Canada.

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CNC Stock News Headlines

June 8, 2023 | finance.yahoo.com

Canada Nickel Announces Carbon Storage Testing Results Better than Anticipated; Integrated Feasibility Study Expected in September

June 1, 2023 | msn.com

Nickel Miners News For The Month Of May 2023

June 8, 2023 | Vantage Point (Ad)

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June 1, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc up on Wednesday (CNC)

May 24, 2023 | juniorminingnetwork.com

Nickel 28 Responds to Pelham’s Distraction Tactics and Misleading Claims

May 24, 2023 | juniorminingnetwork.com

Canada Nickel Company Announces New Discovery at Mann Northwest Property, Provides Update on Regional Drilling at Midlothian and Sothman

May 24, 2023 | finance.yahoo.com

Canada Nickel Announces New Discovery at Mann Northwest Property, Provides Update on Regional Drilling at Midlothian and Sothman

May 20, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc up on Friday (CNC)

June 8, 2023 | Behind the Markets (Ad)

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May 8, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc up on Monday (CNC)

April 28, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc down on Friday (CNC)

April 27, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc down on Wednesday (CNC)

April 26, 2023 | finance.yahoo.com

IBN Announces Latest Episode of The Bell2Bell Podcast featuring Mark Selby, CEO of Canada Nickel Company Inc.

April 19, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc down on Tuesday (CNC)

April 18, 2023 | americanbankingnews.com

Canada Nickel Company Inc. (CVE:CNC) Forecasted to Post FY2024 Earnings of ($0.01) Per Share

April 17, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc down on Monday (CNC)

April 13, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc up on Thursday (CNC)

April 13, 2023 | juniorminingnetwork.com

Canada Nickel Company Announces New Nickel Discovery at Midlothian Property with Larger Potential Footprint than Flagship Crawford Property

April 11, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc up on Tuesday (CNC)

April 10, 2023 | theglobeandmail.com

Canada Nickel Co:Stocks Analysts Recently Upgraded on TSX-V (CNC)

April 10, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc flat on Monday (CNC)

April 9, 2023 | msn.com

Canada's budget measures brighten funding prospects for critical miners

April 6, 2023 | theglobeandmail.com

Closing Bell: Canada Nickel Company Inc down on Thursday (CNC)

April 6, 2023 | newsweek.com

Exclusive: U.S. Role in Notorious Nickel Mine Deal Revealed

April 4, 2023 | juniorminingnetwork.com

Canada Nickel Company Continues Rapid Progression of Crawford Nickel Project Federal Permitting

March 31, 2023 | oilprice.com

Nickel Buyers On Edge As Another LME Scandal Unfolds

March 29, 2023 | msn.com

Warehouse workers around the world are being told to kick bags of nickel to make sure they're not filled with stones like JPMorgan recently discovered

See More Headlines

CNC Price History

30 days | 90 days | 365 days | Advanced Chart

CNC Company Calendar

Last Earnings: 3/23/2023
Today: 6/08/2023
Next Earnings (Estimated): 6/26/2023

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Industry, Sector and Symbol

Stock Exchange: CVE
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: CVE:CNC
CUSIP: N/A
CIK: N/A
Web: www.canyoncc.com
Phone: 416-214-2250
Fax: N/A
Employees: 71,300
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$0.00
High Stock Price Forecast: C$0.00
Low Stock Price Forecast: C$10,000,000.00
Forecasted Upside/Downside: +103.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.09)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-11,830,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -13.25%
Return on Assets: -5.17%

Debt

Debt-to-Equity Ratio: 15.99
Current Ratio: 0.12
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.06 per share
Price / Cash Flow: 21.43
Book Value: C$0.99 per share
Price / Book: 1.24

Miscellaneous

Outstanding Shares: 137,530,000
Free Float: N/A
Market Cap: C$169.16 million
Optionable: Optionable
Beta: 2.74

Key Executives

Mr. Mark Thomas Henry Selby B.Comm (Hons) (Age 57)
Pres, CEO & Director
Comp: $320k

Ms. Wendy Kaufman C.A. (Age 56)
CPA, CPA, Chief Financial Officer
Comp: $241.67k

Mr. Christian Brousseau
VP of Capital Projects

Mr. Stephen James Balch B.Sc. (Age 62)
P.Geo., VP of Exploration

Mr. Pierre-Philippe Dupont
VP of Sustainability

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CNC Stock - Frequently Asked Questions

Should I buy or sell Canada Nickel stock right now?: 0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canada Nickel in the last twelve months. There are currently for the stock. The consensus among Wall Street analysts is that investors should "n/a" CNC shares.
View CNC analyst ratings or view top-rated stocks.
What is Canada Nickel's stock price forecast for 2023?: 0 brokerages have issued 12-month target prices for Canada Nickel's shares. Their CNC share price forecasts range from C$10,000,000.00 to C$0.00. On average, they predict the company's share price to reach C$0.00 in the next year. This suggests that the stock has a possible downside of 100.0%.
View analysts price targets for CNC or view top-rated stocks among Wall Street analysts.
How have CNC shares performed in 2023?: Canada Nickel's stock was trading at C$2.05 at the beginning of the year. Since then, CNC shares have decreased by 40.0% and is now trading at C$1.23.
View the best growth stocks for 2023 here.
When is Canada Nickel's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, June 26th 2023.
View our CNC earnings forecast.
How were Canada Nickel's earnings last quarter?: Canada Nickel Company Inc. (CVE:CNC) posted its quarterly earnings results on Thursday, March, 23rd. The company reported ($0.07) earnings per share for the quarter.
What other stocks do shareholders of Canada Nickel own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Canada Nickel investors own include Tesla (TSLA), General Electric (GE), K92 Mining Inc. (KNT.V) (KNT), Sibanye Gold (SBGL), Altura Energy (ATU), Arrowhead Pharmaceuticals (ARWR), Antero Resources (AR), Advanced Micro Devices (AMD) and Amati AIM VCT (AMAT).

What is Canada Nickel's stock symbol?: Canada Nickel trades on the Canadian Venture Exchange (CVE) under the ticker symbol "CNC."
How do I buy shares of Canada Nickel?: Shares of CNC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Canada Nickel's stock price today?: One share of CNC stock can currently be purchased for approximately C$1.23.
How much money does Canada Nickel make?: Canada Nickel (CVE:CNC) has a market capitalization of C$169.16 million. The company earns C$-11,830,000.00 in net income (profit) each year or C($0.09) on an earnings per share basis.
How many employees does Canada Nickel have?: The company employs 71,300 workers across the globe.
How can I contact Canada Nickel?: Canada Nickel's mailing address is 7700 Forsyth Blvd, St Louis, Missouri 63105-1807. The official website for the company is www.canyoncc.com. The company can be reached via phone at 416-214-2250.

This page (CVE:CNC) was last updated on 6/8/2023 by MarketBeat.com Staff

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Canada Nickel (CNC) Stock Forecast, Price & News

Canada Nickel MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Canada Nickel (CVE:CNC) Stock

CNC Stock News Headlines

CNC Price History

CNC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CNC Stock - Frequently Asked Questions

Overall MarketRank^™