Canada Nickel Company Inc. (CVE:CNC – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.88 and last traded at C$0.89, with a volume of 263110 shares changing hands. The stock had previously closed at C$0.91.
Canada Nickel Stock Down 3.8 %
The business has a 50 day simple moving average of C$0.96 and a 200 day simple moving average of C$1.05. The company has a market capitalization of C$158.56 million, a price-to-earnings ratio of -14.58 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.
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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