Canada Nickel Company Inc. (CVE:CNC - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday following insider selling activity. The stock traded as low as C$0.84 and last traded at C$0.84, with a volume of 81760 shares. The stock had previously closed at C$0.86.
Specifically, Senior Officer Stephen James Balch sold 123,996 shares of the firm's stock in a transaction on Thursday, January 9th. The shares were sold at an average price of C$0.87, for a total value of C$107,876.52.
Canada Nickel Price Performance
The firm has a market cap of C$150.40 million, a P/E ratio of -13.83 and a beta of 2.31. The stock's 50-day moving average is C$0.95 and its 200-day moving average is 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.
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.
Recommended Stories
Before you consider Canada Nickel, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canada Nickel wasn't on the list.
While Canada Nickel currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for January 2025. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
