Algo version: 0.98b
CaNickel Mining Limited is listed at the PNK Exchange
CaNickel Mining Limited [CMLGF]
PNK Sector: Basic Materials Industry:Industrial Materials

Is CaNickel Mining Limited stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

We cannot find any recorded dividends paid in our systems.

Sorry, we do not have any analyst data for this ticker

We cannot find data for CaNickel Mining Limited 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $0.0450, you would have made a loss of $-0.0251 per share or -55.78%

No, the average daily trading liquidity for CaNickel Mining Limited is $19 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

CaNickel Mining Limited has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.03, the company's ability to pay off the debt is limited. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for CaNickel Mining Limited to be high [1 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.