Shares of Canada Nickel Company Inc. (CVE:CNC – Get Free Report) rose 1.1% during trading on Friday . The stock traded as high as C$0.95 and last traded at C$0.93. Approximately 135,520 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 174,458 shares. The stock had previously closed at C$0.92.
Canada Nickel Price Performance
The firm has a market cap of C$168.53 million, a P/E ratio of -15.50 and a beta of 2.31. The firm’s fifty day simple moving average is C$0.97 and its 200 day simple moving average is C$1.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.20 and a current ratio of 1.31.
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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