Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Canada Nickel Company Inc., along with its subsidiary, focuses on the exploration, identification, and development of nickel sulphide resources. The company holds full ownership of the Crawford Nickel-Cobalt Sulphide project, strategically located in northern Ontario, Canada. Its operations are geared towards supplying the electric vehicle, green energy, and stainless steel sectors. Established in 2019, the firm's headquarters are situated in Toronto, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers.
Target Price
The average target price of CNC.V is 2.95 and suggests 104% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr