This summary was created by AI, based on 3 opinions in the last 12 months.
Experts have mixed opinions about Canada Nickel Company. While the CEO's experience in the space is impressive, the company is currently affected by low nickel prices and a general malaise in the nickel market. Some believe that the market will improve in 4-5 years and that CNC will benefit from being a Canadian company. The recent confirmation of widespread mineralization at its Mann Northwest property has made the stock more interesting for small cap sector players. However, it is still considered a speculative investment due to the company's earlier announcements and the stock drifting lower.
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.
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.
Unlock Premium - Try 5i Free
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
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
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.
Canada Nickel Company was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Canada Nickel Company.
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.
1 stock analyst on Stockchase covered Canada Nickel Company In the last year. It is a trending stock that is worth watching.
On 2024-04-24, Canada Nickel Company (CNC-X) stock closed at a price of $1.44.
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.