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Nickel 28 Capital Corp ( (TSE:NKL) ) just unveiled an announcement.
Nickel 28 Capital Corp. reported strong operational results for Q3 2025 from its Ramu Nickel-Cobalt operation, with significant increases in nickel and cobalt production compared to the previous year. Despite a decrease in nickel prices, the company benefited from higher cobalt prices and strong sales, reducing inventory and capitalizing on favorable market conditions. The announcement of Indonesia’s restrictions on new nickel processing licenses could impact future market supply, potentially benefiting Nickel 28’s market position.
Spark’s Take on TSE:NKL Stock
According to Spark, TipRanks’ AI Analyst, TSE:NKL is a Neutral.
Nickel 28 Capital Corp’s financial challenges, characterized by zero revenue and persistent losses, weigh heavily on its stock score. Technical analysis provides a more favorable outlook, with upward price momentum. Valuation remains a concern with negative earnings. Recent corporate events such as production resumption and leadership changes reflect operational improvements but don’t significantly alter financial performance.
To see Spark’s full report on TSE:NKL stock, click here.
More about Nickel 28 Capital Corp
Nickel 28 Capital Corp. is a nickel-cobalt producer with an 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation in Papua New Guinea. The company provides shareholders exposure to nickel and cobalt, metals essential for electric vehicle adoption.
Average Trading Volume: 36,153
Technical Sentiment Signal: Buy
Current Market Cap: C$64.11M
For an in-depth examination of NKL stock, go to TipRanks’ Overview page.