TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Nickel Mines Ltd. ( (AU:NIC) ) just unveiled an update.
Nickel Industries Limited has successfully issued US$800 million in senior unsecured notes with a 9% coupon rate, maturing in 2030. This strategic financial move extends the company’s debt maturity profile and reduces its annual note amortization by US$88 million, reflecting confidence from global investors and enhancing its international market recognition.
The most recent analyst rating on (AU:NIC) stock is a Hold with a A$0.50 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, focusing on the production and distribution of nickel products. The company is strategically positioned to cater to the growing demand for nickel, which is a critical component in various industrial applications, including stainless steel production and electric vehicle batteries.
Average Trading Volume: 5,993,017
Technical Sentiment Signal: Hold
Current Market Cap: A$3.15B
See more insights into NIC stock on TipRanks’ Stock Analysis page.