Analysts Offer Predictions for Canada Nickel FY2025 Earnings

Canada Nickel Company Inc. (CVE:CNC) – Equities researchers at Cormark boosted their FY2025 earnings per share (EPS) estimates for shares of Canada Nickel in a report released on Wednesday, January 8th. Cormark analyst S. Ioannou now anticipates that the company will post earnings of ($0.03) per share for the year, up from their previous forecast of ($0.04). The consensus estimate for Canada Nickel’s current full-year earnings is ($0.04) per share.

Canada Nickel Stock Performance

Canada Nickel stock opened at C$0.84 on Monday. Canada Nickel has a fifty-two week low of C$0.82 and a fifty-two week high of C$2.24. The company has a market capitalization of C$152.22 million, a price-to-earnings ratio of -14.00 and a beta of 2.31. The stock has a fifty day moving average of C$0.95 and a two-hundred day moving average of C$1.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.20 and a current ratio of 1.31.

Insider Buying and Selling

In other news, Senior Officer Stephen James Balch sold 123,996 shares of the business’s stock in a transaction on Thursday, January 9th. The shares were sold at an average price of C$0.87, for a total transaction of C$107,876.52. 14.82% of the stock is currently owned by company insiders.

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.