Canada Nickel (CVE:CNC) Insider Stephen James Balch Sells 75,000 Shares of Stock

Canada Nickel Company Inc. (CVE:CNCGet Free Report) insider Stephen James Balch sold 75,000 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of C$1.45, for a total transaction of C$108,750.00. Following the completion of the sale, the insider directly owned 350,720 shares of the company’s stock, valued at C$508,544. This represents a 17.62% decrease in their position.

Stephen James Balch also recently made the following trade(s):

  • On Friday, September 11th, Stephen James Balch sold 39,456 shares of Canada Nickel stock. The stock was sold at an average price of C$1.42, for a total value of C$56,027.52.
  • On Tuesday, August 4th, Stephen James Balch sold 77,541 shares of Canada Nickel stock. The shares were sold at an average price of C$1.65, for a total value of C$127,942.65.

Canada Nickel Price Performance

Shares of CVE:CNC traded up C$0.02 during trading on Monday, reaching C$1.43. 279,769 shares of the company traded hands, compared to its average volume of 810,096. The firm has a market capitalization of C$349.79 million, a PE ratio of -13.00 and a beta of 0.35. Canada Nickel Company Inc. has a 52 week low of C$0.81 and a 52 week high of C$2.59. The company has a quick ratio of 1.20, a current ratio of 0.35 and a debt-to-equity ratio of 24.31. The company’s 50 day moving average is C$1.47 and its two-hundred day moving average is C$1.59.

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. The company was incorporated in 2019 and is headquartered in Toronto, Canada.

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