Canada Nickel Company Inc. (CVE:CNC - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.79 and last traded at C$0.79, with a volume of 166881 shares. The stock had previously closed at C$0.81.
Canada Nickel Stock Down 1.3 %
The company has a debt-to-equity ratio of 10.24, a quick ratio of 1.20 and a current ratio of 0.64. The firm's fifty day simple moving average is C$0.88 and its 200 day simple moving average is C$0.98. The stock has a market capitalization of C$141.07 million, a price-to-earnings ratio of -15.89 and a beta of 2.31.
Insider Activity at Canada Nickel
In other Canada Nickel news, Director David Smith purchased 50,000 shares of the firm's stock in a transaction dated Tuesday, January 28th. The stock was bought at an average cost of C$0.84 per share, with a total value of C$42,055.00. Also, Senior Officer Stephen James Balch sold 123,996 shares of the business's stock in a transaction on Thursday, January 9th. The stock was 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 insiders.
About Canada Nickel
(
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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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