Canada Nickel Company Inc

Canada Nickel Company Inc

0.98
CAD
-0.04
(-3.92%)
-0.12EPS
374.30MMarket Cap
Jan 26Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.06
-0.08
-0.05
-0.11
-0.02
-0.13
-0.12
Free Cash Flow per Basic Share
-0.28
-0.08
-0.02
-0.06
-0.09
-0.03
-0.06
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.39
0.54
1.05
1.1
1.13
1.02
0.96
Tangible Book Value per Share
0.39
0.54
1.05
1.1
1.13
1.02
0.96
Basic Weighted Avg Shares
53
84
104
131
171
197
231
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-3
-6
-6
-14
-3
-26
-27
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
Working Capital
11
-1
-9
-4
-42
-36
-47
LT Debt
- -
- -
- -
- -
- -
12
13
Total Equity
31
47
119
156
205
224
237
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-16.21
-6.66
-10.35
-1.78
-12.28
-11.65

Capital Structure

CAD

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
ST Debt
30
45
48
LT Borrowings
12
12
13
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
239
241
245
Market Capitalization
478
434
374

Working Capital

CAD

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
Total Current Assets
16
20
14
Cash, Cash Equivalents & STI
14
14
8
Accounts Receivable, Net
1
5
- -
Inventories
- -
- -
- -
Total Current Liabilities
38
57
61
Payables & Accruals
8
12
12
ST Debt
30
45
48
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
54.77%
9.03%
Free Cash Flow
- -
33.86%
-65.99%
Net Income, GAAP
- -
177.68%
714.73%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
- -
- -
0.01
-0.02
2025
-0.02
-0.06
-0.02
-0.03
-0.13
2026
-0.02
-0.04
-0.03
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Mark Thomas Henry Selby
Full Time Employees
32
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
130 King Street West Toronto ON Canada M5X 1E3
IPO Date
Feb 27, 2020
Business
Canada Nickel Company Inc. is a Canadian mining company specializing in the exploration, discovery, and development of nickel-cobalt sulphide assets primarily to supply the electric vehicle and stainless-steel markets. The company’s core products and services include the development and production of nickel, cobalt, and iron with a focus on zero-carbon metal production under its NetZero Metals subsidiary. Key product categories include nickel sulphide concentrates, cobalt, and valuable by-products such as palladium, platinum, and chromium recovered through innovative processing. Canada Nickel actively develops its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project located in the Timmins-Cochrane mining camp in Ontario, Canada, leveraging proximity to infrastructure for large-scale production. The company also markets its NetZero Nickel, NetZero Cobalt, and NetZero Iron brands, aiming to provide environmentally sustainable metals for the rapidly growing electric vehicle industry and stainless steel sector. In recent major developments, Canada Nickel has advanced the Crawford Project with formal referral to the Government of Canada's Major Projects Office, signaling governmental support and streamlined regulatory review for this flagship project. The company completed a significant financing round in late 2025 with an oversubscribed bought deal private placement and closed a $20 million convertible note agreement with the Taykwa Tagamou Nation to support its operations and expansion. Strategic corporate moves include the creation of ExploreCo to spin out eastern exploration properties through a definitive agreement with Noble Mineral Exploration Inc., consolidating exploration assets east of Timmins for focused development. Canada Nickel has also appointed an advisory board and senior leadership for its NetZero Metals subsidiary to advance low-carbon nickel, cobalt, and alloy processing facilities in the Timmins district. These initiatives reflect the company’s strategic shift toward integrating sustainable metal production with expanding exploration and development efforts. Operating primarily in Ontario, Canada, Canada Nickel targets markets supplying battery manufacturers, electric vehicle producers, and stainless steel manufacturers worldwide. Founded in 2014 and headquartered in Toronto, the company emphasizes development within politically stable mining jurisdictions. Its business segments encompass mineral exploration, mine development, zero-carbon metal production, and marketing of metals branded under NetZero sustainability initiatives. Canada Nickel's efforts are complemented by collaborative agreements with Indigenous communities for sustainable project development and social license to operate. Overall, Canada Nickel Company Inc. operates as a forward-looking mining and metals company with a central focus on nickel-cobalt sulphide resources critical to the green energy transition, leveraging technological innovation, strategic partnerships, and sustainable production methods to meet the surging demand in electric vehicle and stainless steel industries globally.

Company News

  • Canada Nickel Announces Selection of SMS Equipment Inc. and Komatsu for $1.5 billion Load & Haul Fleet Purchase

  • Canada Nickel Announces Filing of NI 43-101 Technical Reports for Previously Announced Updated Deloro Project Resource and Initial Nesbitt Project Resource

  • Canada Nickel: Positioned To Take Off, But The Finances Are Dangerously Tight

  • Canada Nickel Reports Additional Exploration Drilling Results and Highest Grade Intervals to Date at Reid Nickel Sulphide Project

  • Noble Mineral reports: Canada Nickel Secures Federal Approval for Crawford Nickel Project

  • Canada Nickel Secures Federal Approval for Crawford Nickel Project

  • Canada Nickel Provides Corporate Update

  • Canada Nickel Announces Initial Mineral Resource at Nesbitt and Delivers 46% Increase in Indicated Resource at Deloro

  • Canada Nickel Announces Property Transactions

  • Canada Nickel Signs MOU with RWE Supply & Trading to Support Commercialization of Low-Carbon Steel in Europe and North America

  • Canada Nickel Awards Exclusive Mandate for US$600 million Investment Tax Credit Loan Facility to SB1 Markets AS

  • Canada Nickel: Catalyst-Dense Path To Re-Rating

  • Canada Nickel Announces $4.97 Million Private Placement of Flow-Through Shares

  • GeoRedox and Canada Nickel Launch First-of-its-kind Geologic Hydrogen Program at Crawford Nickel Project in Timmins, Ontario

  • Canada Nickel Provides Corporate Update

  • Canada Nickel Provides Corporate Update

  • Canada Nickel's Crawford Project Clears Penultimate Federal Permitting Hurdle

  • Canada Nickel Provides Corporate Update

  • Lithium-ion innovation shifts to longer-duration systems, boosting large-format cell adoption

  • Canada Nickel Secures Agreements with Hydro One to Commence Engineering for Crawford Nickel Project Power Connection