Nickel 28 Capital Corp (TSE:NKL) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Nickel 28 Capital Corp. has reported a slight decline in production and sales of nickel and cobalt in Q2 2024 from its Ramu operation compared to the previous year, amidst lower market prices for these commodities. Despite the downturn, the company has managed to maintain costs within its guidance range and asserts Ramu’s position as one of the lowest cost producers, generating significant free cash flow.
For further insights into TSE:NKL stock, check out TipRanks’ Stock Analysis page.