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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 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 5.94K |
| Gross Profit | -20.77K | -181.91K | -197.82K | -29.99K | 5.94K |
| EBITDA | 98.66K | -3.77M | -3.60M | -1.75M | 5.94K |
| Net Income | -702.66K | -3.62M | -3.82M | -6.87M | -25.50K |
Balance Sheet | |||||
| Total Assets | 18.42M | 18.33M | 14.04M | 16.46M | 16.00M |
| Cash, Cash Equivalents and Short-Term Investments | 3.51M | 4.76M | 4.61M | 10.11M | 11.31M |
| Total Debt | 18.78K | 0.00 | 158.41K | 322.57K | 0.00 |
| Total Liabilities | 344.98K | 712.50K | 818.50K | 604.35K | 1.42M |
| Stockholders Equity | 18.07M | 17.62M | 13.22M | 15.85M | 14.58M |
Cash Flow | |||||
| Free Cash Flow | -2.16M | -6.55M | -5.46M | -2.40M | -1.10M |
| Operating Cash Flow | -573.93K | -2.33M | -2.19M | -981.71K | 4.58K |
| Investing Cash Flow | -2.68M | -4.23M | 6.11M | -1.11M | -1.11M |
| Financing Cash Flow | 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% | |
47 Neutral | AU$13.96M | -2.58 | -11.39% | ― | -28.07% | -29.81% | |
46 Neutral | AU$35.77M | -4.34 | -19.53% | ― | ― | 3.79% | |
45 Neutral | AU$23.26M | -9.14 | -2.36% | ― | ― | 84.36% | |
45 Neutral | AU$20.58M | -2.74 | -19.15% | ― | ― | -1034.67% | |
43 Neutral | AU$11.24M | -13.13 | -5.53% | ― | ― | -25.00% | |
43 Neutral | AU$31.95M | -2.58 | -5.94% | ― | -67.81% | -244.10% |
NICO Resources Limited Corporate Events
NICO Resources has disclosed a change in director Rod Corps’ shareholding, following recent on-market and off-market transactions. Corps acquired 200,000 fully paid ordinary shares on market for a total of about $50,981, while transferring 800,000 shares off market to his son as part of a living will, leaving him with 5.7 million shares.
The disclosure, made under ASX listing rules, clarifies that the off-market transfer was undertaken without consideration, reflecting a personal estate-planning move rather than a sale into the market. The update provides investors with transparency on director interests, but does not indicate any change to NICO Resources’ operational plans or strategic direction.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.28 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
Nico Resources’ December quarter update details steady technical progress at its Wingellina nickel-cobalt project despite previously weak market conditions, with recent rallies in nickel and cobalt prices supported by Indonesian policy moves to tighten supply. The company advanced planning and approvals for an infill drilling program, upgraded its exploration camp to maintain HSE standards, continued reviewing extensive metallurgical testwork, and assessed platinum group metals potential across its tenure, while working with ERM on Phase 2 of a geometallurgical model aimed at converting more resources to Measured status and de-risking the long-life project through improved mine planning and processing insight.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.31 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 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.