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 dated Tuesday, January 28th. The stock was acquired at an average price of C$0.84 per share, for a total transaction of C$42,055.00.

Canada Nickel Price Performance

CVE CNC opened at C$0.88 on Friday. The company has a market capitalization of C$158.56 million, a PE ratio of -14.58 and a beta of 2.31. Canada Nickel Company Inc. has a 12-month low of C$0.81 and a 12-month 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. The company has a quick ratio of 1.20, a current ratio of 1.31 and a debt-to-equity ratio of 0.13.

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.