Insider Selling: Canada Nickel Company Inc. (CVE:CNC) Senior Officer Sells C$107,876.52 in Stock

Canada Nickel Company Inc. (CVE:CNC) Senior Officer Stephen James Balch sold 123,996 shares of the stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of C$0.87, for a total transaction of C$107,876.52.

Canada Nickel Price Performance

Canada Nickel stock opened at C$0.84 on Thursday. 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 company has a current ratio of 1.31, a quick ratio of 1.20 and a debt-to-equity ratio of 0.13. Canada Nickel Company Inc. has a 12 month low of C$0.82 and a 12 month high of C$2.24. The stock’s 50 day moving average is C$0.94 and its 200-day moving average is C$1.03.

About Canada Nickel

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.