CaNickel Mining Ltd (CVE:CML) rose 14.3% on Monday . The stock traded as high as C$0.08 and last traded at C$0.08, approximately 19,085 shares traded hands during trading. An increase of 21% from the average daily volume of 15,775 shares. The stock had previously closed at C$0.07.
The company has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The company has a market capitalization of $2.25 million and a P/E ratio of -0.85.
CaNickel Mining (CVE:CML) last released its earnings results on Wednesday, May 27th. The company reported C($0.27) EPS for the quarter. The firm had revenue of C$0.24 million during the quarter.
CaNickel Mining Limited, mining company, explores for, extracts, and processes nickel-containing ore in Canada. It owns 100% interest in the Bucko Lake mine located in Manitoba. The company was formerly known as Crowflight Minerals Inc and changed its name to CaNickel Mining Limited in June 2011. CaNickel Mining Limited was founded in 1937 and is headquartered in Vancouver, Canada.
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