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

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

Canada Nickel Trading Down 2.3 %

CVE:CNC traded down C$0.02 during mid-day trading on Monday, reaching C$0.86. The company’s stock had a trading volume of 32,048 shares, compared to its average volume of 211,320. Canada Nickel Company Inc. has a twelve month low of C$0.85 and a twelve month high of C$2.24. The company’s fifty day simple moving average is C$0.95 and its two-hundred day simple moving average is C$1.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.31 and a quick ratio of 1.20. The stock has a market cap of C$155.84 million, a P/E ratio of -14.33 and a beta of 2.31.

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.