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Nicola Mining ( (TSE:NIM) ) has shared an announcement.
Nicola Mining Inc. has ramped up processing of high-grade gold and silver mill feed from Blue Lagoon Resources’ Dome Mountain Gold Project at its Merritt Mill, shifting from a combined gravity and flotation flowsheet to a flotation-only circuit tailored to sulphide-hosted mineralization. The change is designed to boost metallurgical recoveries, stabilize throughput, and enhance concentrate grades, with the resulting gold-silver concentrate sold to metals trader Ocean Partners UK Limited.
The company is implementing incremental plant upgrades without disrupting operations, while underground development at Dome Mountain progresses to support higher sustained mill feed. In tandem, Nicola is procuring equipment and staff to begin bulk sample extraction at its high-grade Dominion Gold Project in July 2026, a move intended to validate ore characteristics, increase cash flow, and support its broader strategy that includes a planned NASDAQ uplisting in the first quarter of 2026.
The most recent analyst rating on (TSE:NIM) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Spark’s Take on TSE:NIM Stock
According to Spark, TipRanks’ AI Analyst, TSE:NIM is a Neutral.
The score is held back primarily by weak financial performance—persistent losses, negative gross profit, negative equity, and recent cash burn—despite improved revenue and lower debt. Technicals are supportive with a clear uptrend, but overbought signals add near-term risk. Valuation remains challenged because profitability is negative and there is no dividend support.
To see Spark’s full report on TSE:NIM stock, click here.
More about Nicola Mining
Nicola Mining Inc. is a junior mining company based in British Columbia that operates a fully permitted mill and tailings facility near Merritt. The company processes high-grade gold and silver mill feed through gravity and flotation circuits under profit-share agreements and owns 100% interests in the New Craigmont copper project and the Treasure Mountain high-grade silver mine, both located in established Canadian mining districts.
Average Trading Volume: 173,124
Technical Sentiment Signal: Buy
Current Market Cap: C$255.7M
For a thorough assessment of NIM stock, go to TipRanks’ Stock Analysis page.