Canada Nickel Company Inc. (CVE:CNC – Get Rating) – Investment analysts at Cormark issued their FY2024 earnings estimates for Canada Nickel in a research note issued to investors on Monday, April 17th. Cormark analyst S. Ioannou forecasts that the company will earn ($0.01) per share for the year. The consensus estimate for Canada Nickel's current full-year earnings is ($0.04) per share.
Get Canada Nickel alerts:Canada Nickel (CVE:CNC – Get Rating) last posted its quarterly earnings results on Wednesday, February 8th. The company reported C($0.02) earnings per share (EPS) for the quarter.
Separately, Haywood Securities upgraded shares of Canada Nickel from a "hold" rating to a "buy" rating in a research report on Wednesday, December 21st.
Canada Nickel Trading Down 1.8 %
Shares of Canada Nickel stock opened at C$1.66 on Tuesday. The company has a 50-day moving average of C$1.65 and a two-hundred day moving average of C$1.59. The stock has a market cap of C$228.30 million, a PE ratio of -16.60 and a beta of 2.77. Canada Nickel has a 12-month low of C$1.18 and a 12-month high of C$2.70. The company has a current ratio of 0.12, a quick ratio of 1.20 and a debt-to-equity ratio of 15.99.
Insider Buying and Selling
In other news, Director Mark Thomas Henry Selby bought 40,000 shares of Canada Nickel stock in a transaction on Thursday, March 16th. The stock was purchased at an average cost of C$1.56 per share, with a total value of C$62,400.00. 3.50% of the stock is currently owned by insiders.
About Canada Nickel
(Get Rating)
Canada Nickel Company Inc, together with its subsidiary, engages in the exploration, discovery, and development of nickel sulphide assets. It owns a 100% interest in the Crawford Nickel-Cobalt Sulphide project located in northern Ontario, Canada. The company serves electric vehicle, green energy, and stainless-steel markets.
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