Canada Nickel (CVE:CNC) Hits New 1-Year Low – What’s Next?

Shares of Canada Nickel Company Inc. (CVE:CNCGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.91 and last traded at C$0.91, with a volume of 97726 shares traded. The stock had previously closed at C$0.92.

Canada Nickel Stock Performance

The stock has a fifty day moving average of C$1.01 and a 200-day moving average of C$1.10. The firm has a market capitalization of C$170.34 million, a P/E ratio of -15.67 and a beta of 2.31. The company has a quick ratio of 1.20, a current ratio of 1.31 and a debt-to-equity ratio of 0.13.

About Canada Nickel

(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.

Featured Articles

Receive News & Ratings for Canada Nickel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Nickel and related companies with MarketBeat.com's FREE daily email newsletter.