TSX-V

Canada Nickel Company Inc.

CNC.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.93
Today's Change
-5.10%
Market Cap
$253.62M
Volume
611.19K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Canada Nickel Company Inc. focuses on exploring and developing nickel sulphide assets for electric vehicles and green energy. While the company operates in a growing sector, its financial health is concerning, with negative ROE and ROA indicating inefficiencies. Additionally, a low current ratio of 0.23 raises liquidity concerns, although a manageable debt/equity ratio of 0.18 suggests limited leverage risk. The recent price drop of 5.10% may reflect market apprehension about its financial stability and operational performance.

Based on 21 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$2.59
52 Week Low$0.94
Avg Volume554.18K
Beta0.58
Shares Outstanding258.80M

🔥 Valuation

Market Cap$253.62M
Enterprise Value$314.87M
P/E Ratio-10.34
EV/EBITDA ⚠️-59.83x
Dividend Yield0.00%

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🚩 Red Flags

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Significant Losses

Company posted a loss of $-17.9M over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $40.9M is 5.6x the company's cash position of $7.4M.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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