Canada Nickel (CVE:CNC) Trading Down 1.4%

Canada Nickel Company Inc. (CVE:CNC) traded down 1.4% during mid-day trading on Tuesday . The company traded as low as C$1.39 and last traded at C$1.43. 140,485 shares were traded during mid-day trading, a decline of 56% from the average session volume of 322,807 shares. The stock had previously closed at C$1.45.

Canada Nickel Trading Down 1.4 %

The stock’s 50 day moving average price is C$1.44 and its 200-day moving average price is C$1.30. The company has a quick ratio of 1.20, a current ratio of 1.17 and a debt-to-equity ratio of 10.00. The stock has a market capitalization of C$257.63 million, a PE ratio of -20.43 and a beta of 2.43.

Canada Nickel (CVE:CNC) last announced its quarterly earnings data on Thursday, March 21st. The company reported C($0.03) earnings per share (EPS) for the quarter. On average, sell-side analysts expect that Canada Nickel Company Inc. will post -0.04 earnings per share for the current fiscal year.

Canada Nickel Company Profile

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.