Silkroad Nickel Ltd., an investment holding company, engages in the mining of nickel ore in Indonesia. The company's nickel mining concession area consists of approximately 1,301 hectares in the Morowali Regency, Central Sulawesi, Indonesia. It is also involved in the manufacture, trading, and distribution of nickel pig iron. The company was incorporated in 2005 and is headquartered in Singapore. Silkroad Nickel Ltd. operates as a subsidiary of Far East Mining Pte. Ltd. As of October 25, 2022, Silkroad Nickel Ltd. operates as a subsidiary of Horowitz Capital Ltd..
Research context
Silkroad Nickel Ltd appears in PyInvesting’s Singapore Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- SGD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Silkroad Nickel Ltd is currently in a long term uptrend where the price is trading 9.4% above its 200 day moving average.
From a valuation standpoint, the stock is 38.1% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 5.0.
Silkroad Nickel Ltd's total revenue sank by 96.1% to $475K since the same quarter in the previous year.
Its net income has dropped by 221.3% to $-4M since the same quarter in the previous year.
Finally, its free cash flow fell by 44504.5% to $-678K since the same quarter in the previous year.
Based on the above factors, Silkroad Nickel Ltd gets an overall score of 2/5.