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The latest announcement is out from Nickel Mines Ltd. ( (AU:NIC) ).
Nickel Industries Limited has announced the issuance of 1,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code NIC. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital, reflecting a positive development for stakeholders and reinforcing its position within the mining sector.
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 primarily on the extraction and production of nickel. The company is involved in the development and operation of nickel projects, contributing to the supply of this essential metal used in various industrial applications.
Average Trading Volume: 9,081,645
Technical Sentiment Signal: Sell
Current Market Cap: A$3.12B
Find detailed analytics on NIC stock on TipRanks’ Stock Analysis page.