Key Points
- Insider Stephen James Balch sold 39,456 Canada Nickel shares at an average price of C$1.42, generating proceeds of C$56,027.52 and reducing his ownership by 11.25% to 311,264 shares.
- Balch has also sold 75,000 shares in September and 77,541 shares in August, indicating multiple recent insider sales.
- Canada Nickel shares opened at C$1.43, versus a 52-week range of C$0.81 to C$2.59; the company has a market capitalization of approximately C$349.8 million.
Canada Nickel Company Inc. (CVE:CNC - Get Free Report) insider Stephen James Balch sold 39,456 shares of Canada Nickel stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of C$1.42, for a total transaction of C$56,027.52. Following the completion of the transaction, the insider owned 311,264 shares of the company's stock, valued at C$441,994.88. This represents a 11.25% decrease in their ownership of the stock.
Stephen James Balch also recently made the following trade(s):
- On Wednesday, September 9th, Stephen James Balch sold 75,000 shares of Canada Nickel stock. The stock was sold at an average price of C$1.45, for a total value of C$108,750.00.
- On Tuesday, August 4th, Stephen James Balch sold 77,541 shares of Canada Nickel stock. The stock was sold at an average price of C$1.65, for a total value of C$127,942.65.
Canada Nickel Price Performance
Canada Nickel stock opened at C$1.43 on Tuesday. The firm has a market capitalization of C$349.79 million, a P/E ratio of -13.00 and a beta of 0.35. Canada Nickel Company Inc. has a one year low of C$0.81 and a one year high of C$2.59. The company has a debt-to-equity ratio of 24.31, a current ratio of 0.35 and a quick ratio of 1.20. The business has a fifty day moving average price of C$1.47 and a 200-day moving average price of C$1.58.
About Canada Nickel
(
Get Free Report)
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. The company was incorporated in 2019 and is headquartered in Toronto, Canada.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
