NIC.AU · Nickel Mines Limited

-

Please sign in to comment on NIC.AU

1 Comment

Admin

4 years, 1 month 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
Exchange	AU
CurrencyCode	AUD
ISIN	AU0000018236

Market Cap	3B
Target Price	0.959
Dividend Yield	6.7%
PE Ratio	None
Beta	0.8

ABOUT

Nickel Mines Limited

Nickel Industries Limited engages in nickel ore mining, nickel pig iron, cobalt, and nickel matte production activities. It is also involved in the production of mixed hydroxide precipitate for use in the electric vehicle supply chain. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. The company was incorporated in 2007 and is based in Sydney, Australia.

NIC.AU · Nickel Mines Limited

-

Nickel Mines Limited

Earnings

Valuation

Cash Flow

Profitability

Performance

Backtest Nickel Mines Limited using a moving average strategy