Canada Nickel Company Inc. (CVE:CNC - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.81 and last traded at C$0.83, with a volume of 203480 shares trading hands. The stock had previously closed at C$0.84.
Canada Nickel Trading Down 0.6 %
The company has a debt-to-equity ratio of 0.13, a current ratio of 1.31 and a quick ratio of 1.20. The firm's fifty day moving average price is C$0.91 and its 200-day moving average price is C$1.01. 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.
Insider Buying and Selling at Canada Nickel
In related news, Director David Smith bought 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, January 28th. The stock was purchased at an average price of C$0.84 per share, for a total transaction of C$42,055.00. Also, Senior Officer Stephen James Balch sold 123,996 shares of the firm's stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of C$0.87, for a total transaction of C$107,876.52. 14.82% of the stock is currently owned by company insiders.
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.
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