Shares of Canada Nickel Company Inc. (CVE:CNC - Get Free Report) were down 1.9% on Thursday . The company traded as low as C$1.02 and last traded at C$1.04. Approximately 217,139 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 235,592 shares. The stock had previously closed at C$1.06.
Canada Nickel Stock Performance
The company's fifty day moving average price is C$1.07 and its 200 day moving average price is C$1.21. The company has a market cap of C$188.46 million, a PE ratio of -17.33 and a beta of 2.31. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.31 and a quick ratio of 1.20.
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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