Canada Nickel (CVE:CNC) Shares Down 1.4%

Canada Nickel Company Inc. (CVE:CNC)’s share price traded down 1.4% on Tuesday . The stock traded as low as C$1.39 and last traded at C$1.43. 140,485 shares traded hands 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 Stock Down 1.4 %

The business has a fifty day moving average of C$1.44 and a 200 day moving average of C$1.30. The company has a debt-to-equity ratio of 10.00, a current ratio of 1.17 and a quick ratio of 1.20. The stock has a market capitalization of C$254.03 million, a price-to-earnings ratio of -20.43 and a beta of 2.43.

Canada Nickel (CVE:CNC) last issued its quarterly earnings data on Thursday, March 21st. The company reported C($0.03) earnings per share (EPS) for the quarter. As a group, equities analysts predict that Canada Nickel Company Inc. will post -0.04 earnings per share for the current 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.