Canada Nickel (CVE:CNC) Shares Up 6.8%

Canada Nickel Company Inc. (CVE:CNC)’s share price was up 6.8% during mid-day trading on Thursday . The company traded as high as C$3.79 and last traded at C$3.79. Approximately 291,972 shares changed hands during trading, an increase of 10% from the average daily volume of 266,244 shares. The stock had previously closed at C$3.55.

The company has a 50 day simple moving average of C$2.75. The company has a market cap of C$341.10 million and a price-to-earnings ratio of -47.27.

Canada Nickel Company Profile (CVE:CNC)

Canada Nickel Company Inc explores and discovers nickel sulphide assets. Its flagship property is the 100% owned Crawford Nickel-Cobalt Sulphide Project located in northern Ontario, Canada. The company was incorporated in 2019 and is headquartered in Toronto, Canada.

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