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Nickel Mines Ltd. ( (AU:NIC) ) has issued an update.
Nickel Industries Limited has successfully completed a tender offer for its US$400 million senior unsecured notes, accepting tenders for an aggregate principal amount of US$354,519,000. This move, along with the issuance of US$800 million in new senior unsecured notes, strengthens the company’s financial position and supports its growth trajectory in the nickel industry.
The most recent analyst rating on (AU:NIC) stock is a Buy with a A$1.80 price target. To see the full list of analyst forecasts on Nickel Mines Ltd. stock, see the AU:NIC Stock Forecast page.
More about Nickel Mines Ltd.
Nickel Industries Limited is a company focused on the production of battery-grade Class 1 Nickel, positioning itself as a leading player in the nickel industry.
Average Trading Volume: 6,142,808
Technical Sentiment Signal: Hold
Current Market Cap: A$3.17B
For detailed information about NIC stock, go to TipRanks’ Stock Analysis page.