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

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

Canada Nickel Price Performance

Canada Nickel stock opened at C$0.83 on Thursday. The company has a fifty day simple moving average of C$0.91 and a 200-day simple moving average of C$1.00. The company has a quick ratio of 1.20, a current ratio of 1.31 and a debt-to-equity ratio of 0.13. The firm 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 52-week low of C$0.81 and a 52-week high of C$1.62.

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.