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Earnings Data
Report Date
Aug 27, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
<0.01Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of transitory operational pain and strong strategic and market tailwinds. Near-term results were negatively impacted by a government-imposed RKAB limit that halted mining for much of the quarter, producing a USD 14.9 million mine EBITDA loss and higher costs from third-party ore purchases. Offsetting these setbacks are several substantial positives: rapid mine ramp-up after reinstatement, strong commodity price movements (nickel and cobalt materially higher), robust HPAL/HNC margins (HNC EBITDA +32% q/q; EBITDA/t up ~29%), ENC nearing commissioning, a strategic 10% sale of ENC to Sphere Corp at a premium (USD 2.4B valuation), and a long-term fixed‑rate 25‑year PPA for a large solar + BESS project. Given the strength of underlying commodity prices, operational recovery, commissioning progress and strategic endorsements, the positives are judged to significantly outweigh the quarter’s temporary lowlights.Company Guidance
Safety and ESG Recognition
17.7 million man-hours without a lost time injury (LTI) and awarded the Excellence in Sustainability Leadership award by CNBC Indonesia, highlighting strong ESG and environmental management credentials.
Solar Project Financial Close and Long‑Term PPA
262 MWp solar project with an 80 MW battery energy storage system achieved financial close. Company is an offtaker under a 25‑year fixed-rate power purchase agreement with no inflation escalation, locking in a significant portion of future power costs.
Strong Commodity Price Environment
Nickel and cobalt spot prices strengthened materially: current LME nickel spot > $18,000/t vs 2025 average $15,162/t (~+18.8%), MSP contract price +18% to $17,110/t, NPI spot ~$13,200 (~+19% above the December quarter average), and cobalt spot > $55,000/t vs 2025 average ~$39,967/t (~+37.8%).
HNC / HPAL Strong Performance
HNC delivered USD 17.2 million EBITDA, a 32% increase versus the September quarter. HNC EBITDA per tonne increased from $629/t to $812/t (~+29%).
RKEF Production and Costs
RKEF nickel metal production and operations increased ~1% quarter-on-quarter; electricity costs fell, partially offsetting modestly higher ore costs.
ENC Commissioning Progress
ENC unit testing and wet commissioning underway with final commissioning targeted by end of the quarter. Crystallizers installed and integrated; sulfuric acid plant and key mechanical tests commenced; slurry pipeline works progressing.
Strategic Investment into ENC by Sphere Corp
Sphere Corp to acquire 10% of ENC at a USD 2.4 billion valuation (NIC invested USD 2.3 billion) — a ~4.35% premium — providing endorsement and entry to premium Western (including aerospace) supply chains; funding expected Q1 2026.
Rapid Mine Ramp-Up After RKAB Reinstatement
After approval to restart on 12 Dec and an increased RKAB to 10.5 million tonnes for 2025, the company delivered nearly 1 million tonnes in the last 19 days of the quarter and was tracking to deliver ~1.4 million tonnes in January, demonstrating fast operational recovery.
Development Pipeline and Exploration Progress
Sampala/ETL and ANN projects progressing: ETL feasibility submitted (target ~6 Mtpa), ANN feasibility complete (including slurry plant concept), haul road 72% complete, and ~18,000 m of drilling completed to support mine planning.
Adjusted EBITDA from Operations
Adjusted EBITDA from operations reported at USD 37.3 million for the quarter (reflects underlying operational earnings before specific mine impacts).
AU:NIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:NIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Aug 27, 2025 | AU$0.75 | AU$0.72 | -4.00% |
Aug 28, 2024 | AU$0.78 | AU$0.79 | +0.64% |
Feb 28, 2024 | AU$0.68 | AU$0.67 | -1.47% |
Aug 30, 2023 | AU$0.71 | AU$0.73 | +2.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nickel Mines Ltd. (AU:NIC) report earnings?
Nickel Mines Ltd. (AU:NIC) is schdueled to report earning on Aug 27, 2026, TBA (Confirmed).
What is Nickel Mines Ltd. (AU:NIC) earnings time?
Nickel Mines Ltd. (AU:NIC) earnings time is at Aug 27, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Nickel Mines Ltd. stock?
The P/E ratio of Nickel Mines Ltd. is N/A.
What is AU:NIC EPS forecast?
AU:NIC EPS forecast for the fiscal quarter 2026 (Q2) is 0.04.