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Stephen James Balch Sells 123,996 Shares of Canada Nickel Company Inc. (CVE:CNC) Stock

Canada Nickel logo with Basic Materials background

Canada Nickel Company Inc. (CVE:CNC - Get Free Report) Senior Officer Stephen James Balch sold 123,996 shares of the firm's stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of C$0.87, for a total value of C$107,876.52.

Canada Nickel Price Performance

CVE:CNC traded down C$0.03 during trading hours on Monday, hitting C$0.83. 137,729 shares of the stock traded hands, compared to its average volume of 225,092. The stock has a 50 day moving average price of C$0.95 and a 200 day moving average price of C$1.03. The company has a quick ratio of 1.20, a current ratio of 1.31 and a debt-to-equity ratio of 0.13. The company has a market cap of C$150.40 million, a price-to-earnings ratio of -13.83 and a beta of 2.31. Canada Nickel Company Inc. has a 1 year low of C$0.83 and a 1 year high of C$2.24.

Canada Nickel Company Profile

(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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