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Nickel Mines Ltd. (AU:NIC)
ASX:NIC
NIC Stock Chart & Stats
AU$0.94
>-AU$0.01(-0.63%)
At close: 4:00 PM EST
AU$0.94
>-AU$0.01(-0.63%)
Day’s Range― - ―
52-Week RangeAU$0.42 - AU$1.06
Previous CloseN/A
Volume3.09M
Average Volume (3M)8.20M
Market Cap
AU$4.08B
Enterprise ValueAU$3.61B
Total Cash (Recent Filing)AU$357.00M
Total Debt (Recent Filing)AU$1.20B
Price to Earnings (P/E)―
Beta1.83
Next Earnings
Aug 27, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend Yield5.03%
Share Statistics
EPS (TTM)0.02
Shares Outstanding4,341,936,000
10 Day Avg. Volume6,511,963
30 Day Avg. Volume8,196,956
Financial Highlights & Ratios
PEG Ratio0.94
Price to Book (P/B)1.77
Price to Sales (P/S)2.12
P/FCF Ratio40.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.39Price Target Upside47.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.06
Revenue Forecast (FY)AU$2.29B
Bulls Say, Bears Say
Bulls Say
Asset‑backed Revenue ModelNickel Mines' model of earning a share of NPI production ties revenue directly to operating asset output rather than speculative trading. This aligns cash flow with production volumes and reduces scale risk versus standalone development firms, providing a durable earnings base while plants operate.
Positive Free Cash FlowSustained positive free cash flow despite reported net losses shows the business generates real cash from operations. That cashability supports operations, discretionary capex and distributions, and buffers cyclical price swings, making liquidity management more durable over months.
Sizeable Equity BaseA large equity cushion relative to debt provides capital resilience for project funding and operational setbacks. While leverage has increased, the substantial equity base reduces short‑term refinancing urgency and gives management flexibility to fund Sampala and other long‑lead projects over the medium term.
Bears Say
Sustained Net LossesTwo consecutive years of net losses and sharp margin erosion indicate structural pressure on profitability from pricing, costs or non‑operating items. Persistent losses weaken retained earnings, constrain internally funded growth and increase reliance on external capital if losses continue.
Rising Leverage TrendIncreasing leverage reduces financial flexibility in a cyclical commodity business. Higher debt levels raise interest and covenant risk, limit ability to absorb price shocks or fund delays, and make future growth investments or unexpected expenses more costly over the medium term.
Project Delays & Cash PressureDeferring ENC commissioning and a significant working‑capital build reduced cash conversion despite healthy EBITDA. Delays compress near‑term production upside and tie up liquidity, raising execution risk for Sampala and other projects and stressing cash management over coming quarters.
Nickel Mines Ltd. News
NIC FAQ
What was Nickel Mines Ltd.’s price range in the past 12 months?
Nickel Mines Ltd. lowest share price was AU$0.42 and its highest was AU$1.06 in the past 12 months.
What is Nickel Mines Ltd.’s market cap?
Nickel Mines Ltd.’s market cap is AU$4.08B.
When is Nickel Mines Ltd.’s upcoming earnings report date?
Nickel Mines Ltd.’s upcoming earnings report date is Aug 27, 2026 which is in 173 days.
How were Nickel Mines Ltd.’s earnings last quarter?
Nickel Mines Ltd. released its earnings results on Feb 22, 2026. The company reported AU$0.023 earnings per share for the quarter, beating the consensus estimate of AU$0.003 by AU$0.02.
Is Nickel Mines Ltd. overvalued?
According to Wall Street analysts Nickel Mines Ltd.’s price is currently Undervalued.
Does Nickel Mines Ltd. pay dividends?
Nickel Mines Ltd. pays a Semiannually dividend of AU$0.015 which represents an annual dividend yield of 5.03%. See more information on Nickel Mines Ltd. dividends here
What is Nickel Mines Ltd.’s EPS estimate?
Nickel Mines Ltd.’s EPS estimate is 0.02.
How many shares outstanding does Nickel Mines Ltd. have?
Nickel Mines Ltd. has 4,341,936,000 shares outstanding.
What happened to Nickel Mines Ltd.’s price movement after its last earnings report?
Nickel Mines Ltd. reported an EPS of AU$0.023 in its last earnings report, beating expectations of AU$0.003. Following the earnings report the stock price went down -4%.
Which hedge fund is a major shareholder of Nickel Mines Ltd.?
Currently, no hedge funds are holding shares in AU:NIC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Nickel Mines Ltd. Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
AU$1.39 (47.87% Upside)
AU$1.39 (47.87% Upside)
Blogger Sentiment
Bullish
AU:NIC Sentiment 92%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
-18.87%
12-Months-Change
Fundamentals
Return on Equity
-7.26%
Trailing 12-Months
Asset Growth
0.30%
Trailing 12-Months
Company Description
Nickel Mines Ltd.
Nickel Industries Limited engages in nickel ore mining and nickel pig iron production operations in Singapore and Indonesia. The company holds an 80% interest in the Hengjaya Mine that covers an area of 5,983 hectares located in the Morowali Regency of Central Sulawesi; 80% interest in the Ranger Nickel project; and 70% interest in the Angel Nickel project. It also has an option to acquire a 70% interest in the Oracle Nickel project. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. Nickel Industries Limited was incorporated in 2007 and is headquartered in Sydney, Australia.
NIC Stock 12 Month Forecast
Average Price Target
AU$1.39
▲(47.87% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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