Canada Nickel (CVE:CNC) Reaches New 1-Year Low at $1.72

Canada Nickel Company Inc. (CVE:CNC – Get Rating) shares hit a new 52-week low during trading on Friday . The stock traded as low as C$1.72 and last traded at C$1.72, with a volume of 74489 shares traded. The stock had previously closed at C$1.78.

The company has a debt-to-equity ratio of 19.23, a current ratio of 0.31 and a quick ratio of 0.29. The company has a market capitalization of C$188.69 million and a price-to-earnings ratio of -22.76. The business’s 50-day moving average price is C$2.16 and its two-hundred day moving average price is C$2.85.

Canada Nickel (CVE:CNC – Get Rating) last issued its quarterly earnings results on Friday, April 1st. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, research analysts predict that Canada Nickel Company Inc. will post -0.01 EPS for the current year.

Canada Nickel Company Profile (CVE:CNC)

Canada Nickel Company Inc explores and discovers nickel sulphide assets. Its flagship property is the 100% owned Crawford Nickel-Cobalt Sulphide Project located in northern Ontario, Canada. The company was incorporated in 2019 and is headquartered in Toronto, Canada.

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