Canada Nickel Financials
| CNC Stock | CAD 0.97 0.01 1.04% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 0.12 | 0.1069 |
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| Current Ratio | 0.87 | 0.91 |
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Canada | Select Account or Indicator |
Understanding current and past Canada Nickel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canada Nickel's financial statements are interrelated, with each one affecting the others. For example, an increase in Canada Nickel's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Canada Nickel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Canada Nickel. Check Canada Nickel's Beneish M Score to see the likelihood of Canada Nickel's management manipulating its earnings.
Canada Nickel Stock Summary
Canada Nickel competes with FPX Nickel, Giga Metals, and American Lithium. Canyon Copper Corp., an exploration stage company, acquires, explores for, and develops mineral properties in Canada and the United States. Canyon Copper Corp. was founded in 2000 and is based in Vancouver, Canada. Canyon Copper operates under Industrial Metals Minerals classification in Canada and traded on TSX Venture Exchange.| Foreign Associate | USA |
Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA13515Q1037 |
| Business Address | 130 King Street |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | canadanickel.com |
| Phone | 647 256 1954 |
| Currency | CAD - Canadian Dollar |
You should never invest in Canada Nickel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canada Stock, because this is throwing your money away. Analyzing the key information contained in Canada Nickel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Canada Nickel Key Financial Ratios
There are many critical financial ratios that Canada Nickel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canada Nickel reports annually and quarterly.| Return On Equity | -0.0484 | |||
| EBITDA | (11.16 M) | |||
| Net Income | (13 M) | |||
| Cash Per Share | 0.04 X | |||
| Debt To Equity | 13.70 % |
Canada Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canada Nickel's current stock value. Our valuation model uses many indicators to compare Canada Nickel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canada Nickel competition to find correlations between indicators driving Canada Nickel's intrinsic value. More Info.Canada Nickel is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . At this time, Canada Nickel's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canada Nickel's earnings, one of the primary drivers of an investment's value.Canada Nickel Systematic Risk
Canada Nickel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canada Nickel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Canada Nickel correlated with the market. If Beta is less than 0 Canada Nickel generally moves in the opposite direction as compared to the market. If Canada Nickel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canada Nickel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canada Nickel is generally in the same direction as the market. If Beta > 1 Canada Nickel moves generally in the same direction as, but more than the movement of the benchmark.
Canada Nickel Total Assets Over Time
Today, most investors in Canada Nickel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canada Nickel's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Canada Nickel growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Canada Nickel December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canada Nickel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canada Nickel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canada Nickel based on widely used predictive technical indicators. In general, we focus on analyzing Canada Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canada Nickel's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.32 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.15 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 4.04 |
Additional Tools for Canada Stock Analysis
When running Canada Nickel's price analysis, check to measure Canada Nickel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canada Nickel is operating at the current time. Most of Canada Nickel's value examination focuses on studying past and present price action to predict the probability of Canada Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Nickel's price. Additionally, you may evaluate how the addition of Canada Nickel to your portfolios can decrease your overall portfolio volatility.