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Canada Nickel Co (TSXV:CNC) 6-Month Price Index : 1.32 (As of May. 02, 2024)


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What is Canada Nickel Co 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-02), Canada Nickel Co's 6-Month Price Index is 1.32.

Competitive Comparison of Canada Nickel Co's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Canada Nickel Co's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canada Nickel Co  (TSXV:CNC) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canada Nickel Co  (TSXV:CNC) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Canada Nickel Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Canada Nickel Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Canada Nickel Co (TSXV:CNC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada Nickel Co Inc (TSXV:CNC) » Definitions » 6-Month Price Index
Comparable Companies
TSX:S TSX:FAR TSXV:CUR TSXV:FWZ XCNQ:IBAT TSX:FVL TSXV:MSR TSXV:PRYM TSXV:ETL TSXV:NOU ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
CNIKF:USA 4E0:Germany
Address
130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3
Website
https://www.canadanickel.com
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.