Canada Nickel Company Inc. (CVE:CNC - Get Free Report)'s stock price traded down 1% on Thursday . The company traded as low as C$0.98 and last traded at C$0.99. 155,629 shares changed hands during trading, a decline of 33% from the average session volume of 234,015 shares. The stock had previously closed at C$1.00.
Canada Nickel Trading Down 3.0 %
The firm has a fifty day simple moving average of C$1.07 and a two-hundred day simple moving average of C$1.16. The firm has a market cap of C$173.96 million, a PE ratio of -16.50 and a beta of 2.31. The company has a current ratio of 1.31, a quick ratio of 1.20 and a debt-to-equity ratio of 0.13.
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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