Nickel Mines Ltd. (AU:NIC)
ASX:NIC
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NIC Stock Chart & Stats
AU$0.99
>-AU$0.01(-0.63%)
At close: 4:00 PM EST
AU$0.99
>-AU$0.01(-0.63%)
Day’s Range― - ―
52-Week RangeAU$0.64 - AU$1.13
Previous CloseN/A
Volume3.09M
Average Volume (3M)8.20M
Market Cap
AU$4.47B
Enterprise ValueAU$4.16B
Total Cash (Recent Filing)AU$357.00M
Total Debt (Recent Filing)AU$1.20B
Price to Earnings (P/E)―
Beta1.75
Next Earnings
Aug 27, 2026EPS Estimate
0.03Next 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$1.40Price Target Upside41.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.06
Revenue Forecast (FY)AU$2.16B
Bulls Say, Bears Say
Bulls Say
Stable JV Cash ModelNickel Mines earns via equity interests and cash distributions from RKEF NPI operations, reducing direct exploration risk and providing steady operational cash flow tied to production performance. This JV-style model supports predictable cash receipts if plants remain utilized and aligns incentives with partners.
Positive Free Cash FlowPositive free cash flow in 2025 provides a durable internal funding source to cover capex, distributions or debt servicing despite net losses. While FCF weakened year-over-year, remaining positive FCF is a key stabilizer that preserves operational flexibility across commodity cycles.
Sizeable Equity BaseA large equity base relative to debt gives the company balance-sheet capacity to absorb short-term shocks and finance operations or partner investments. This capital buffer supports sustained operations at IMIP and provides runway to manage cyclical nickel market swings without immediate refinancing pressure.
Bears Say
Margin CompressionSharp margin erosion over two years materially weakens profitability and long-term return generation. Persistently compressed gross margins reduce retained earnings and limit the company’s ability to fund growth, maintain distributions, or rebuild reserves, increasing vulnerability to cost or price shocks.
Declining Revenue & Cash TrendFalling revenues and a meaningful drop in operating and free cash flow reduce financial flexibility and the capacity to invest in efficiency or expansion. This trend tightens margins and heightens sensitivity to nickel price cycles, making sustained recovery dependent on improved volumes or better realized prices.
Rising Leverage & Negative ReturnsIncreasing leverage alongside negative ROE signals weakening capital efficiency and higher financial risk. Elevated debt levels limit strategic optionality, raise interest obligations, and could force capital actions (asset sales, reduced distributions) if earnings recovery lags, constraining long-term value creation.
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$0.64 and its highest was AU$1.13 in the past 12 months.
What is Nickel Mines Ltd.’s market cap?
Nickel Mines Ltd.’s market cap is AU$4.47B.
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 90 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$0.022 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 0.03.
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$0.022 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
Outperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
AU$1.40 (41.41% Upside)
AU$1.40 (41.41% Upside)
Blogger Sentiment
Bullish
AU:NIC Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth AU$3.1M over
the Last 3 Months
the Last 3 Months
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
-2.79%
Trailing 12-Months
Asset Growth
1.62%
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$1.40
▲(41.41% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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