NIC.AU · Nickel Mines Limited

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Admin

3 years, 7 months ago

Nickel Mines Limited is currently in a long term downtrend where the price is trading 4.6% below its 200 day moving average.

From a valuation standpoint, the stock is 99.5% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 3.8.

Nickel Mines Limited's total revenue rose by 25.2% to $296M since the same quarter in the previous year.

Its net income has increased by 52.6% to $86M since the same quarter in the previous year.

Finally, its free cash flow grew by 301.3% to $34M since the same quarter in the previous year.

Based on the above factors, Nickel Mines Limited gets an overall score of 4/5.

Sector	Basic Materials
Industry	Other Industrial Metals & Mining
ISIN	AU0000018236
CurrencyCode	AUD
Exchange	AU

PE Ratio	11.26
Target Price	1.29
Dividend Yield	4.3%
Beta	1.15
Market Cap	3B

ABOUT

Nickel Mines Limited

Nickel Industries Limited engages in nickel ore mining and nickel pig iron production operations in Singapore and Indonesia. It holds an 80% interest in the Hengjaya Mine that covers an area of 5,983 hectares located in the Morowali Regency of Central Sulawesi; 80% interest in the Ranger Nickel project; 80% interest in the Angel Nickel project; and 70% interest in the Oracle Nickel project. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. Nickel Industries Limited was incorporated in 2007 and is based in Sydney, Australia.

NIC.AU · Nickel Mines Limited

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Nickel Mines Limited

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