Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts have mixed views on Canada Nickel Company (CNC-X). While the CEO has a strong track record, the company is currently affected by nickel prices and a general malaise in the nickel market. Some believe that the market will turn in 4-5 years, but it is not the lowest-cost producer. However, being a Canadian company may work in its favor. There is consensus that the stock is speculative, but it has potential due to its large deposit in a safe jurisdiction.

Consensus
Mixed
Valuation
Undervalued
WAIT

CEO has a glorious history in the space. Caught up in nickel prices. For things to hum, need nickel in $12-15 range. General malaise in nickel, despite excitement around energy transition. ESG agenda. 

Mining
WAIT

Near term, the nickel market will continue to be depressed. The market will turn 4-5 years from now. Not the lowest-cost producer, but will enjoy market favour because it's a Canadian company. Expects it to do well.

Mining
RISKY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

CNC recently confirmed widespread mineralization at its Mann Northwest property, confirming its discovery. But this was more or less assumed, anyway, from the company's earlier announcements in July. We would certainly keep it in the 'speculative' category. But it has a large deposit in a safe jurisdiction, and as the stock drifts lower it does become more interesting for small cap sector players. 
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Mining
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The results from the last quarter were good. There are positive indicators overall in terms of good metallurgy and consistencies to other zones. Progressing well. A good small cap metal play with good momentum. Unlock Premium - Try 5i Free

Mining
BUY
Well managed by a seasoned CEO who is promoting their Crawford project as a carbon-neutral one. (ESG is a major force in investing now.) There are question marks about valuation, a lot for a company still finalizing its ultimate size. Not sure if it can achieve all its ESG targets, but he likes he CEO. Their initiatives are probably aiming for a bigger company to take it out.
Mining
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Canada Nickel Company(CNC-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Canada Nickel Company is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canada Nickel Company(CNC-X) Frequently Asked Questions

What is Canada Nickel Company stock symbol?

Canada Nickel Company is a Canadian stock, trading under the symbol CNC-X on the TSX Venture Exchange (CNC-CV). It is usually referred to as TSXV:CNC or CNC-X

Is Canada Nickel Company a buy or a sell?

In the last year, 1 stock analyst published opinions about CNC-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canada Nickel Company.

Is Canada Nickel Company a good investment or a top pick?

Canada Nickel Company was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Canada Nickel Company.

Why is Canada Nickel Company stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Canada Nickel Company worth watching?

1 stock analyst on Stockchase covered Canada Nickel Company In the last year. It is a trending stock that is worth watching.

What is Canada Nickel Company stock price?

On 2024-02-20, Canada Nickel Company (CNC-X) stock closed at a price of $1.36.