Canada Nickel Company Inc. (CVE:CNC) Director David Smith Purchases 50,000 Shares

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

Canada Nickel Price Performance

Shares of CVE CNC opened at C$0.84 on Wednesday. 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 business’s 50 day moving average price is C$0.91 and its two-hundred day moving average price is C$1.01. The company has a market cap of C$151.31 million, a PE ratio of -13.92 and a beta of 2.31. Canada Nickel Company Inc. has a twelve month low of C$0.81 and a twelve month high of C$1.62.

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.