Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as C$2.30 and last traded at C$2.27, with a volume of 1387356 shares changing hands. The stock had previously closed at C$2.15.
Canada Nickel Price Performance
The company has a current ratio of 0.64, a quick ratio of 1.20 and a debt-to-equity ratio of 10.24. The stock has a fifty day simple moving average of C$1.41 and a two-hundred day simple moving average of C$1.09. The company has a market cap of C$515.42 million, a PE ratio of -22.60 and a beta of -0.10.
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. The company was incorporated in 2019 and is headquartered in Toronto, Canada.
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