Nickel Mines Limited

Company Profile

Nickel Mines Limited had its IPO on under the ticker symbol NICMF.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Nickel Mines Limited has a staff strength of 0 employees.

Stock update

Shares of Nickel Mines Limited opened at $0.46 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.46 - $0.46, and closed at $0.46.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Nickel Mines Limited have slipped by -10.44%.

Nickel Mines Limited's Key Ratios

Nickel Mines Limited has a market cap of $1.81 billion, indicating a price to book ratio of 1.4017 and a price to sales ratio of 2.1621.

In the last 12-months Nickel Mines Limited’s revenue was $1.63 billion with a gross profit of $360.42 million and an EBITDA of $323.43 million. The EBITDA ratio measures Nickel Mines Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Nickel Mines Limited’s operating margin was 14.25% while its return on assets stood at 5.54% with a return of equity of 7.49%.

In Q2, Nickel Mines Limited’s quarterly earnings growth was a negative -74.1% while revenue growth was a positive 81%.

Nickel Mines Limited’s PE and PEG Ratio

Forward PE

13.5318

Trailing PE

16.6667

PEG

Its diluted EPS in the last 12-months stands at $0.03 per share while it has a forward price to earnings multiple of 13.5318 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nickel Mines Limited’s profitability.

Nickel Mines Limited stock is trading at a EV to sales ratio of 2.456 and a EV to EBITDA ratio of 7.46. Its price to sales ratio in the trailing 12-months stood at 2.1621.

Nickel Mines Limited stock pays annual dividends of $0.027 per share, indicating a yield of 5.02% and a payout ratio of 81.66%.

Balance sheet and cash flow metrics

Total Assets

$2.67 billion

Total Liabilities

$207.38 million

Operating Cash Flow

$-102094973.00

Capital Expenditure

$49.99 million

Dividend Payout Ratio

81.66%

Nickel Mines Limited ended 2024 with $2.67 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.67 billion while shareholder equity stood at $1.30 billion.

Nickel Mines Limited ended 2024 with $0 in deferred long-term liabilities, $207.38 million in other current liabilities, 942442827.00 in common stock, $337.03 million in retained earnings and $102.75 million in goodwill. Its cash balance stood at $144.24 million and cash and short-term investments were $144.24 million. The company’s total short-term debt was $7,772,688 while long-term debt stood at $551.52 million.

Nickel Mines Limited’s total current assets stands at $632.50 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $235.62 million compared to accounts payable of $170.07 million and inventory worth $204.85 million.

In 2024, Nickel Mines Limited's operating cash flow was $-102094973.00 while its capital expenditure stood at $49.99 million.

Comparatively, Nickel Mines Limited paid $0.82 in dividends in 2024.

Other key metrics

Current Trading Price

$0.46

52-Week High

$0.8039

52-Week Low

$0.4133

Analyst Target Price

$

Nickel Mines Limited stock is currently trading at $0.46 per share. It touched a 52-week high of $0.8039 and a 52-week low of $0.8039. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.53 and 200-day moving average was $0.61 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 4291.7% of the company’s stock are held by insiders while 2666.9% are held by institutions.