Canada Nickel Company Inc. (CVE:CNC) Director Acquires C$20,800.00 in Stock

Canada Nickel Company Inc. (CVE:CNC) Director Francisca Helena Quinn acquired 20,000 shares of the business’s stock in a transaction dated Wednesday, August 21st. The stock was purchased at an average cost of C$1.04 per share, for a total transaction of C$20,800.00.

Canada Nickel Price Performance

CNC traded up C$0.01 during trading on Thursday, hitting C$1.02. The company’s stock had a trading volume of 8,873 shares, compared to its average volume of 250,838. Canada Nickel Company Inc. has a twelve month low of C$0.89 and a twelve month high of C$2.24. The firm has a market capitalization of C$184.83 million, a price-to-earnings ratio of -16.83 and a beta of 2.31. The company has a current ratio of 1.31, a quick ratio of 1.20 and a debt-to-equity ratio of 0.13. The business’s fifty day simple moving average is C$1.14 and its 200 day simple moving average is C$1.32.

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.