Canada Nickel (CVE:CNC) Reaches New 1-Year Low – Here’s What Happened

Canada Nickel Company Inc. (CVE:CNCGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.91 and last traded at C$0.91, with a volume of 97726 shares changing hands. The stock had previously closed at C$0.92.

Canada Nickel Price Performance

The company has a current ratio of 1.31, a quick ratio of 1.20 and a debt-to-equity ratio of 0.13. The company has a market capitalization of C$163.09 million, a PE ratio of -15.08 and a beta of 2.31. The stock’s 50-day moving average is C$1.02 and its two-hundred day moving average is C$1.10.

Canada Nickel Company Profile

(Get Free Report)

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.

Further Reading

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