Canada Nickel Company Inc. (CVE:CNC) Senior Officer Stephen James Balch Sells 123,996 Shares of Stock

Canada Nickel Company Inc. (CVE:CNCGet Free Report) Senior Officer Stephen James Balch sold 123,996 shares of the company’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of C$0.87, for a total value of C$107,876.52.

Canada Nickel Stock Down 3.5 %

CVE:CNC opened at C$0.83 on Tuesday. 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 stock’s fifty day moving average is C$0.95 and its two-hundred day moving average is C$1.03. Canada Nickel Company Inc. has a 52 week low of C$0.83 and a 52 week high of C$2.24. The stock has a market capitalization of C$150.40 million, a price-to-earnings ratio of -13.83 and a beta of 2.31.

About Canada Nickel

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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.

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