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Nickel 28 Capital Corp ( (TSE:NKL) ) just unveiled an announcement.
Nickel 28 Capital Corp. has announced the Ramu Nickel-Cobalt Mine’s return to full production capacity following the repair of a mechanical failure. This resumption is expected to maintain the annual production of approximately 32,000 Mt of nickel and 2,900 Mt of cobalt for 2025, reinforcing the company’s operational stability and market position in the nickel-cobalt sector.
More about Nickel 28 Capital Corp
Nickel 28 Capital Corp. is a producer of nickel and cobalt through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation in Papua New Guinea. The company focuses on providing shareholders with exposure to metals crucial for electric vehicle adoption and manages a portfolio of nickel and cobalt royalties across Canada, Australia, and Papua New Guinea.
YTD Price Performance: 4.26%
Average Trading Volume: 18,028
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $49.07M
Find detailed analytics on NKL stock on TipRanks’ Stock Analysis page.
