David Smith Acquires 50,000 Shares of Canada Nickel Company Inc. (CVE:CNC) Stock

Canada Nickel Company Inc. (CVE:CNC) Director David Smith bought 50,000 shares of the stock in a transaction on Tuesday, January 28th. The shares were acquired at an average cost of C$0.84 per share, for a total transaction of C$42,055.00.

Canada Nickel Price Performance

CNC stock traded down C$0.03 during mid-day trading on Tuesday, hitting C$0.83. 134,360 shares of the stock were exchanged, compared to its average volume of 166,926. The business has a fifty day moving average price of C$0.92 and a 200 day moving average price of C$1.01. The stock has a market capitalization of C$150.40 million, a price-to-earnings ratio of -13.83 and a beta of 2.31. Canada Nickel Company Inc. has a 12 month low of C$0.81 and a 12 month high of C$1.62. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.31 and a quick ratio of 1.20.

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.