Canada Nickel Company Inc. (CVE:CNC) Director Acquires C$42,055.00 in Stock

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

Canada Nickel Stock Up 5.4 %

Shares of CVE CNC opened at C$0.88 on Friday. The firm has a market capitalization of C$158.56 million, a PE ratio of -14.58 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 1 year low of C$0.81 and a 1 year high of C$1.62. The firm’s 50-day moving average is C$0.91 and its 200-day moving average is C$1.00.

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.