Canada Nickel Stock Today
| CNIKF Stock | USD 0.70 0.02 2.94% |
Performance0 of 100
| Odds Of DistressOver 68
|
Canada Nickel is trading at 0.7 as of the 2nd of December 2024. This is a 2.94 percent increase since the beginning of the trading day. The stock's lowest day price was 0.69. Canada Nickel has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Canada Nickel are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of June 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Canada Nickel Company Inc., together with its subsidiary, engages in the exploration, discovery, and development of nickel sulphide assets. Canada Nickel Company Inc. was incorporated in 2019 and is headquartered in Toronto, Canada. Canada Nickel is traded on OTC Exchange in the United States.. The company has 113.85 M outstanding shares. More on Canada Nickel
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Canada OTC Stock Highlights
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Canada Nickel [CNIKF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Small-Cap' category with a current market capitalization of 149.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canada Nickel's market, we take the total number of its shares issued and multiply it by Canada Nickel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canada Nickel classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 113.85 M outstanding shares.
Canada Nickel has accumulated about 8.76 M in cash with (1.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
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Ownership AllocationCanada Nickel holds a total of 113.85 Million outstanding shares. Canada Nickel shows 4.03 percent of its outstanding shares held by insiders and 2.37 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Canada Nickel Risk Profiles
| Mean Deviation | 1.79 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.49 | |||
| Risk Adjusted Performance | (0.01) |
Canada Stock Against Markets
Picking the right benchmark for Canada Nickel otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canada Nickel otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canada Nickel is critical whether you are bullish or bearish towards Canada Nickel at a given time. Please also check how Canada Nickel's historical prices are related to one of the top price index indicators.
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Other Information on Investing in Canada OTC Stock
Canada Nickel financial ratios help investors to determine whether Canada OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canada with respect to the benefits of owning Canada Nickel security.