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The latest announcement is out from Nickel Mines Ltd. ( (AU:NIC) ).
Nickel Industries Limited reported a slight decrease in sales revenue for the first half of 2025, down 1.6% to US$829.7 million, but achieved a significant increase in profit after tax, up 119.3% to US$25.5 million. The company produced 66,450 tonnes of finished nickel metal and mined 11.6 million tonnes of ore at its Hengjaya Mine. The ENC project is ready for staged commissioning, indicating potential future growth and operational expansion.
The most recent analyst rating on (AU:NIC) stock is a Hold with a A$0.75 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 operating in the mining industry, primarily focused on the production of nickel metal. The company engages in mining operations, including the extraction of saprolite and limonite ore, and produces finished nickel metal products such as Nickel Pig Iron (NPI) and Mixed Hydroxide Precipitate (MHP).
Average Trading Volume: 6,039,827
Technical Sentiment Signal: Buy
Current Market Cap: A$3.21B
For detailed information about NIC stock, go to TipRanks’ Stock Analysis page.