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NICO Resources Limited
(Sydney:NC1)
NICO Resources Limited (NC1) vs. iShares MSCI Australia ETF (EWA)
NICO Resources Limited Business Overview & Revenue Model
NICO Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.94K |
| Gross Profit | -20.77K | -20.77K | -181.91K | -197.82K | -29.99K | 5.94K |
| EBITDA | -944.27K | 98.66K | -3.77M | -3.60M | -1.75M | 5.94K |
| Net Income | -786.00 | -702.66K | -3.62M | -3.82M | -6.87M | -25.50K |
Balance Sheet | ||||||
| Total Assets | 18.42M | 18.42M | 18.33M | 14.04M | 16.46M | 16.00M |
| Cash, Cash Equivalents and Short-Term Investments | 3.51M | 3.51M | 4.76M | 4.61M | 10.11M | 11.31M |
| Total Debt | 18.78K | 18.78K | 0.00 | 158.41K | 322.57K | 0.00 |
| Total Liabilities | 344.98K | 344.98K | 712.50K | 818.50K | 604.35K | 1.42M |
| Stockholders Equity | 18.07M | 18.07M | 17.62M | 13.22M | 15.85M | 14.58M |
Cash Flow | ||||||
| Free Cash Flow | -2.16K | -2.16M | -6.55M | -5.46M | -2.40M | -1.10M |
| Operating Cash Flow | -574.00 | -573.93K | -2.33M | -2.19M | -981.71K | 4.58K |
| Investing Cash Flow | -816.41K | -2.68M | -4.23M | 6.11M | -1.11M | -1.11M |
| Financing Cash Flow | 1.03M | 1.03M | 6.71M | -166.38K | 12.19M | 1.09M |
NICO Resources Limited Technical Analysis
NICO Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$43.77M | -53.57 | -3.94% | ― | ― | 84.36% | |
51 Neutral | AU$13.10M | -1.86 | -16.74% | ― | -28.07% | -29.81% | |
50 Neutral | AU$46.70M | -10.34 | -15.50% | ― | ― | 3.79% | |
48 Neutral | AU$17.49M | -6.22 | -8.74% | ― | ― | -25.00% | |
45 Neutral | AU$28.28M | -0.39 | -121.41% | ― | ― | -1034.67% | |
41 Neutral | AU$42.60M | -6.05 | -5.81% | ― | -67.81% | -244.10% |
NICO Resources Limited Corporate Events
Nico Resources Limited has completed the issue of 12,435,846 fully paid ordinary shares on 28 January 2026 as part of a previously announced share placement, further strengthening its equity base. The company confirmed that the shares were issued without a prospectus under relevant Corporations Act provisions, and stated it is in compliance with its continuous disclosure and financial reporting obligations, with no excluded information that would be expected in a disclosure document, providing assurance to investors about regulatory transparency.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
NICO Resources Limited has applied to the ASX for quotation of 12,435,846 new fully paid ordinary shares, to trade under its existing code NC1. The share issuance, previously flagged in an Appendix 3B, will expand the company’s quoted capital base from 28 January 2026 and may influence its liquidity and access to equity funding, with implications for existing shareholders through potential dilution and for investors monitoring changes in the company’s capital structure.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
Nico Resources has released an investor presentation dated January 2026 outlining the status and credentials of its Wingellina project as a world-class, tier-one nickel-cobalt development. The document consolidates previously disclosed exploration, resource and pre-feasibility study information, confirms there have been no material changes to the underlying assumptions of its production targets and financial forecasts, and highlights both project-specific and broader market risks that could affect operational and financial outcomes for investors.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
NICO Resources Limited has lodged an Appendix 3B with the ASX detailing a proposed issue of up to 12,435,846 fully paid ordinary shares under a placement or similar capital-raising structure, with an intended issue date of 27 January 2026. The move signals the company’s intention to raise additional equity capital, which could strengthen its balance sheet and provide funding flexibility for future activities, while potentially diluting existing shareholders depending on pricing and final take-up of the new securities.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
Nico Resources has completed a heavily oversubscribed share placement, raising A$3.73 million through the issue of 12.4 million new shares at A$0.30 each to professional and institutional investors. The funds will be used primarily to advance exploration and development work at the company’s flagship Wingellina nickel-cobalt project, including the start of an infill drilling program, as well as to support general working capital needs. The placement was priced at a discount to the most recent closing price but at a premium to the five-day volume-weighted average, highlighting strong institutional appetite and confidence in Wingellina’s status as a premier undeveloped nickel project outside Indonesia, and potentially strengthening Nico’s financial position as it progresses what management describes as a transformational year for the business.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
Nico Resources Limited has requested and been granted a trading halt on its securities by the ASX, effective from 16 January 2026, as the company prepares a market announcement related to a capital raising. The halt will remain in place until the capital-raising announcement is released or until the start of normal trading on 20 January 2026, signalling that the company is pursuing new funding which could have implications for its capital structure and future development plans, and will be closely watched by investors awaiting further detail.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
Nico Resources Limited has disclosed a change in the equity holdings of director Rod Corps, who maintains a direct interest in the company’s fully paid ordinary shares. The filing shows that Corps acquired 100,000 additional shares via an on-market purchase at $0.18 per share, increasing his holding from 6.2 million to 6.3 million shares, a move that marginally lifts director ownership and may be read by investors as a sign of confidence in the company’s prospects.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
Nico Resources Limited has received a A$366,174 tax refund under the Australian Government’s R&D tax incentive scheme for research and development activities undertaken during the 2025 financial year at its Wingellina nickel-cobalt project in Western Australia. The rebate strengthens the company’s funding for ongoing R&D work at this large-scale critical minerals project and, with Nico expecting to continue eligible activities and claim future offsets, underscores the role of government incentives in supporting the development and de-risking of long-life nickel-cobalt supply for the energy transition.
Nico Resources Limited has announced a change in the director’s interest notice, specifically regarding Peter Cook. The change involves the acquisition of 453,944 fully paid ordinary shares issued in lieu of directors’ fees, increasing his total holdings to 11,455,039 shares. This adjustment in shareholding reflects the company’s ongoing governance and compensation strategies, potentially impacting shareholder perceptions and the company’s market positioning.
Nico Resources Limited has announced the issuance of 907,888 fully paid ordinary shares and 3,000,000 unquoted options, completed on December 2, 2025. This strategic financial move, conducted without disclosure to investors under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and its proactive approach in managing its financial resources, potentially impacting its market positioning and stakeholder interests.
NICO Resources Limited announced the issuance of 3,000,000 unquoted options with an exercise price of $0.174, set to expire on November 26, 2028. This issuance is part of previously announced transactions and reflects the company’s strategic efforts to manage its equity and enhance its financial positioning, potentially impacting its market operations and stakeholder interests.
NICO Resources Limited has announced the quotation of 907,888 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code NC1, effective December 2, 2025. This move is part of previously announced transactions, indicating a strategic step in the company’s financial operations, potentially enhancing its market presence and providing liquidity options for stakeholders.
NICO Resources Limited has announced a proposed issue of securities, including 3,000,000 unquoted options with an exercise price of $0.131 expiring on November 26, 2028, and 907,888 ordinary fully paid shares. The proposed issue date is November 27, 2025. This announcement reflects the company’s strategic move to potentially enhance its capital structure and market position, which may have implications for its stakeholders and market operations.
Nico Resources Limited has announced its upcoming Annual General Meeting (AGM) for shareholders, scheduled to take place on November 27, 2025, in Perth, Western Australia. The company emphasizes the importance of the Notice of Meeting (NOM) and encourages shareholders to vote online or via proxy, highlighting the shift towards electronic communication and the availability of documents on their website.
NICO Resources Limited has announced the details of its upcoming Annual General Meeting (AGM), which will be held as a physical meeting at the Boardroom, Mezzanine Floor, 190 St George’s Terrace, Perth, Western Australia, on Thursday, 27 November 2025, at 3:00pm WST. Shareholders are encouraged to participate by voting via proxy forms, which must be submitted by 3:00pm WST on Tuesday, 25 November 2025. The meeting will follow ASX guidelines, with resolutions decided by poll based on proxy votes and votes from shareholders in attendance.