Canada Nickel Company Inc.

Canada Nickel Company Inc.verified

CNIKF

Price:

$0.736

Market Cap:

$186.07M

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. Canada Nickel Company Inc. was incorporated in 2019 and is headquartered in Toronto, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2020-07-06

Stock Exchange

PNK

Ticker

CNIKF

The Current Ratio as of November 2024 (TTM) for Canada Nickel Company Inc. (CNIKF) is 0.64

According to Canada Nickel Company Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.64. This represents a change of -34.55% compared to the average of 0.98 of the last 4 quarters.

Canada Nickel Company Inc. (CNIKF) Historical Current Ratio (quarterly & annually)

How has CNIKF Current Ratio performed in the past?

The mean historical Current Ratio of Canada Nickel Company Inc. over the last ten years is 2.41. The current 0.64 Current Ratio has changed 2.55% with respect to the historical average. Over the past ten years (40 quarters), CNIKF's Current Ratio was at its highest in in the October 2020 quarter at 7.30. The Current Ratio was at its lowest in in the January 2023 quarter at 0.12.

Quarterly (TTM)
Annual

Average

2.41

Median

0.86

Minimum

0.62

Maximum

7.30

Canada Nickel Company Inc. (CNIKF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Canada Nickel Company Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 27.83%

Maximum Annual Current Ratio = 7.30

Minimum Annual Increase = -87.22%

Minimum Annual Current Ratio = 0.62

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.7927.83%
20220.62-33.53%
20210.93-87.22%

Canada Nickel Company Inc. (CNIKF) Average Current Ratio

How has CNIKF Current Ratio performed in the past?

The current Current Ratio of Canada Nickel Company Inc. (CNIKF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.78

5-year avg

2.41

10-year avg

2.41

Canada Nickel Company Inc. (CNIKF) Current Ratio vs. Peers

How is CNIKF’s Current Ratio compared to its peers?

Canada Nickel Company Inc.’s Current Ratio is less than Nobel Resources Corp. (1.41), less than Juggernaut Exploration Ltd. (5.25), less than SPC Nickel Corp. (7.22), less than Lotus Resources Limited (11.01), less than Ardea Resources Limited (3.60), less than Centaurus Metals Limited (7.85), less than Panoramic Resources Limited (0.93), greater than Canada Silver Cobalt Works Inc. (0.19), less than Blackstone Minerals Limited (2.33), less than Troilus Gold Corp. (3.72), greater than Canadian Palladium Resources Inc. (0.25), less than Edison Lithium Corp. (6.78), greater than Champion Bear Resources Ltd. (0.01), less than Baroyeca Gold & Silver Inc. (0.65), less than Bushveld Minerals Limited (1.42), less than Aurelia Metals Limited (2.02), less than Artemis Resources Limited (1.30), greater than Ascendant Resources Inc. (0.05), less than Azimut Exploration Inc. (3.73), less than Anson Resources Limited (3.03), less than Morella Corporation Limited (2.62), less than Australian Vanadium Limited (1.39),

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