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Canada Nickel Co Inc Ordinary Shares CNIKF

Morningstar Rating
$1.09 +0.01 (0.46%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CNIKF is trading within a range we consider fairly valued.
Price
$1.06
Fair Value
$3.89
Uncertainty
Extreme
1-Star Price
$23.48
5-Star Price
$8.64
Economic Moat
Vpj
Capital Allocation
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News

Trading Information

Previous Close Price
$1.09
Day Range
$1.081.09
52-Week Range
$0.651.65
Bid/Ask
$1.07 / $1.09
Market Cap
$197.49 Mil
Volume/Avg
7,140 / 35,323

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. The firm is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific - mining camp.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Growth
Total Number of Employees
34

Comparables

Valuation

Metric
CNIKF
KNT
U.UN
Price/Earnings (Normalized)
32.967.59
Price/Book Value
1.453.880.97
Price/Sales
6.78
Price/Cash Flow
16.54
Price/Earnings
CNIKF
KNT
U.UN

Financial Strength

Metric
CNIKF
KNT
U.UN
Quick Ratio
1.152.231.99
Current Ratio
1.173.08302.59
Interest Coverage
−4.1215.61
Quick Ratio
CNIKF
KNT
U.UN

Profitability

Metric
CNIKF
KNT
U.UN
Return on Assets (Normalized)
−4.18%10.38%15.43%
Return on Equity (Normalized)
−5.39%12.28%15.49%
Return on Invested Capital (Normalized)
−3.22%12.08%15.49%
Return on Assets
CNIKF
KNT
U.UN
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