Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s share price rose 3.9% during mid-day trading on Tuesday . The stock traded as high as C$1.07 and last traded at C$1.07. Approximately 23,535 shares were traded during trading, a decline of 91% from the average daily volume of 259,641 shares. The stock had previously closed at C$1.03.
Canada Nickel Trading Up 8.7 %
The firm has a market capitalization of C$202.92 million, a price-to-earnings ratio of -16.43 and a beta of 2.42. The company has a current ratio of 1.17, a quick ratio of 1.20 and a debt-to-equity ratio of 10.00. The company has a fifty day moving average price of C$1.25 and a 200-day moving average price of C$1.39.
About Canada Nickel
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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