Canada Nickel Stock Cash Per Share

CNC Stock  CAD 0.97  0.01  1.04%   
Canada Nickel fundamentals help investors to digest information that contributes to Canada Nickel's financial success or failures. It also enables traders to predict the movement of Canada Stock. The fundamental analysis module provides a way to measure Canada Nickel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canada Nickel stock.
Last ReportedProjected for Next Year
Cash Per Share 0.10  0.08 
Cash Per Share is likely to drop to 0.08 in 2024.
  
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Canada Nickel Company Cash Per Share Analysis

Canada Nickel's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Canada Nickel Cash Per Share

    
  0.04 X  
Most of Canada Nickel's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canada Nickel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Canada Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Canada Nickel is extremely important. It helps to project a fair market value of Canada Stock properly, considering its historical fundamentals such as Cash Per Share. Since Canada Nickel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canada Nickel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canada Nickel's interrelated accounts and indicators.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Canada Common Stock Shares Outstanding

Common Stock Shares Outstanding

109.68 Million

At this time, Canada Nickel's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, Canada Nickel has a Cash Per Share of 0.04 times. This is 98.17% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The cash per share for all Canada stocks is 99.2% higher than that of the company.

Canada Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canada Nickel's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canada Nickel could also be used in its relative valuation, which is a method of valuing Canada Nickel by comparing valuation metrics of similar companies.
Canada Nickel is currently under evaluation in cash per share category among its peers.

Canada Fundamentals

About Canada Nickel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canada Nickel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canada Nickel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canada Nickel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Canada Stock Analysis

When running Canada Nickel's price analysis, check to measure Canada Nickel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canada Nickel is operating at the current time. Most of Canada Nickel's value examination focuses on studying past and present price action to predict the probability of Canada Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Nickel's price. Additionally, you may evaluate how the addition of Canada Nickel to your portfolios can decrease your overall portfolio volatility.