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Brokers Issue Forecasts for Canada Nickel Company Inc.'s FY2022 Earnings (CVE:CNC)

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Canada Nickel Company Inc. (CVE:CNC – Get Rating) – Equities researchers at Cormark dropped their FY2022 earnings per share estimates for shares of Canada Nickel in a research report issued to clients and investors on Thursday, July 7th. Cormark analyst S. Ioannou now anticipates that the company will post earnings per share of ($0.03) for the year, down from their previous estimate of ($0.01). The consensus estimate for Canada Nickel's current full-year earnings is ($0.03) per share.

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Shares of Canada Nickel stock opened at C$1.75 on Monday. The company has a quick ratio of 1.83, a current ratio of 1.85 and a debt-to-equity ratio of 0.13. Canada Nickel has a 12 month low of C$1.41 and a 12 month high of C$4.01. The business has a fifty day simple moving average of C$1.88 and a 200 day simple moving average of C$2.62. The stock has a market cap of C$197.37 million and a PE ratio of -23.03.

Canada Nickel Company Profile (Get Rating)

Canada Nickel Company Inc explores and discovers nickel sulphide assets . Its flagship property is the 100% owned Crawford Nickel-Cobalt Sulphide Project located in northern Ontario, Canada. The company was incorporated in 2019 and is headquartered in Toronto, Canada.

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