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Nickel Mines Ltd. (AU:NIC)
ASX:NIC
NIC Stock Chart & Stats
AU$0.90
>-AU$0.01(-0.63%)
At close: 4:00 PM EST
AU$0.90
>-AU$0.01(-0.63%)
Day’s Range― - ―
52-Week RangeAU$0.42 - AU$1.04
Previous CloseN/A
Volume3.09M
Average Volume (3M)8.20M
Market Cap
AU$3.89B
Enterprise ValueAU$3.73B
Total Cash (Recent Filing)AU$112.09M
Total Debt (Recent Filing)AU$1.04B
Price to Earnings (P/E)―
Beta2.08
Next Earnings
Mar 04, 2026EPS Estimate
<0.01Next Dividend Ex-DateN/A
Dividend Yield5.03%
Share Statistics
EPS (TTM)<0.01
Shares Outstanding4,340,936,000
10 Day Avg. Volume6,511,963
30 Day Avg. Volume8,196,956
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)1.67
Price to Sales (P/S)2.03
P/FCF Ratio16.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.26Price Target Upside40.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
High‑margin HPAL OutputHPAL operations running materially above nameplate with very strong per‑tonne EBITDA demonstrates a durable, high‑margin production stream. This diversification from RKEF strengthens cash generation capacity, supports margins under price pressure, and enhances long‑term operational resilience.
Scale From Hengjaya Ore SalesRecord ore throughput and a significant QoQ EBITDA uplift reflect scalable mining operations and improved per‑tonne economics. Sustained high volumes support stable revenue baselines, lower unit costs via scale, and provide predictable feedstock for downstream projects, aiding long‑term cash flow visibility.
Large Development Pipeline (Sampala)A materially large targeted resource and active drilling program position the company to materially expand its reserve base and production potential. Successful development would secure long‑term supply optionality, support growth trajectories, and create scale and cost advantages over multiple years.
Bears Say
Profitability PressureDeclining revenues and a negative net income indicate structural margin pressure and earnings volatility. If persistent, this undermines retained earnings, restricts reinvestment capacity, and forces reliance on non‑operating levers to sustain growth, increasing execution and financial risk over the medium term.
Operating Cash Flow WeaknessNegative operating cash flow despite positive EBITDA signals working capital or conversion issues that impair true cash generation. Persistent OCF weakness ties up liquidity, may necessitate external financing for capex or project development, and raises the likelihood of funding stress during commodity downturns.
Rising LeverageAn increasing reliance on debt reduces financial flexibility and raises interest and refinancing risk, particularly in cyclical commodity markets. Higher leverage constrains the company's ability to fund expansion organically, increases vulnerability to price shocks, and can amplify downside in prolonged weak pricing environments.
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$1.04 in the past 12 months.
What is Nickel Mines Ltd.’s market cap?
Nickel Mines Ltd.’s market cap is AU$3.89B.
When is Nickel Mines Ltd.’s upcoming earnings report date?
Nickel Mines Ltd.’s upcoming earnings report date is Mar 04, 2026 which is in 28 days.
How were Nickel Mines Ltd.’s earnings last quarter?
Nickel Mines Ltd. released its earnings results on Aug 27, 2025. The company reported AU$0.004 earnings per share for the quarter, missing the consensus estimate of AU$0.017 by -AU$0.013.
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 <0.01.
How many shares outstanding does Nickel Mines Ltd. have?
Nickel Mines Ltd. has 4,340,936,000 shares outstanding.
What happened to Nickel Mines Ltd.’s price movement after its last earnings report?
Nickel Mines Ltd. reported an EPS of AU$0.004 in its last earnings report, missing expectations of AU$0.017. 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$1.26 (40.00% Upside)
AU$1.26 (40.00% Upside)
Blogger Sentiment
Bullish
AU:NIC Sentiment 93%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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$1.26
▲(40.00% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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