Insider Selling: Canada Nickel Company Inc. (CVE:CNC) Senior Officer Sells 123,996 Shares of Stock

Canada Nickel Company Inc. (CVE:CNC) 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 %

Shares of CVE CNC opened at C$0.83 on Tuesday. The stock has a market cap of C$150.40 million, a P/E ratio of -13.83 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 12-month low of C$0.83 and a 12-month high of C$2.24. The business’s fifty day simple moving average is C$0.95 and its 200-day simple moving average is C$1.03.

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.