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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by NiCuAgFanon Jan 06, 2023 1:16pm
134 Views
Post# 35207304

Haywood Jan 5

Haywood Jan 5
 
 
 

VALUATION

Canada Nickel is trading at a fully diluted, fully financed P/NAV8% of 0.15x, compared to base metal developer peers trading at 0.31x.
Our target price of $2.50 per share is based on a multiple of 0.2x our fully financed, fully diluted NAV8%.
 
 

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