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Nickel Mines Ltd. ( (AU:NIC) ) has shared an announcement.
Nickel Industries Limited announced the issuance of unquoted equity securities, including 7,215,256 performance rights and 3,000,000 share rights, as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company performance, potentially enhancing operational efficiency and shareholder value.
The most recent analyst rating on (AU:NIC) stock is a Hold with a A$0.55 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 operates in the mining industry, focusing on the extraction and production of nickel, a critical component in stainless steel and electric vehicle batteries. The company is listed on the Australian Securities Exchange (ASX) under the code NIC.
Average Trading Volume: 9,081,645
Technical Sentiment Signal: Sell
Current Market Cap: A$3.12B
Learn more about NIC stock on TipRanks’ Stock Analysis page.