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Nickel 28 Capital Corp (CONXF)
OTHER OTC:CONXF
CONXF Stock Chart & Stats
$0.59
-$0.02(-2.87%)
At close: 4:00 PM EST
$0.59
-$0.02(-2.87%)
Day’s Range― - ―
52-Week Range$0.39 - $0.85
Previous CloseN/A
Volume143.04K
Average Volume (3M)16.43K
Market Cap
$67.42M
Enterprise Value$93.35M
Total Cash (Recent Filing)$9.48M
Total Debt (Recent Filing)$35.48M
Price to Earnings (P/E)17.5
Beta0.76
Next Earnings
May 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding86,860,560
10 Day Avg. Volume24,098
30 Day Avg. Volume16,435
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.55
Price to Sales (P/S)0.00
P/FCF Ratio-5.73
Enterprise Value/Market Cap1.38
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-23.60
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Asset-light Royalty/stream ModelThe royalty/stream business model provides exposure to nickel and battery metals without operating mines, lowering capital intensity and operational risk. Contractual payment rights create durable upside to commodity cycles while avoiding mine-level capex and operating liabilities.
Improved Leverage ProfileA lower debt-to-equity (~0.43) and sizable equity base improve financial flexibility and reduce refinancing strain through cycles. This healthier capital structure supports the firm’s ability to fund/retain royalty interests and absorb commodity-driven cash flow volatility.
Turnaround To Positive Operating And Free Cash FlowRecent positive TTM operating and free cash flow mark a structural improvement in cash generation versus prior years of burn. If sustained, this reduces dependency on external financing and strengthens capacity to maintain royalty obligations and pursue selective growth.
Bears Say
Weak And Volatile ProfitabilityThe company reported a TTM net loss (~$4.5M) and negative operating profit, indicating earnings weakness. Persistent losses undermine retained earnings, limit reinvestment capacity, and make long-term cash distributions or growth initiatives more uncertain without sustained profitability.
Lack Of Operating Revenue VisibilityConsistently reported revenue of $0 and reliance on non-operating items reduce predictability of core cash flows. Royalty receipts depend on third-party production and prices, making revenue visibility contingent on external operators and commodity cycles rather than stable internal operations.
Volatile Cash History And Execution RiskAlthough cash flow recently improved, historical cash burn and volatile free-cash-flow create execution risk. If losses recur, the firm may need external capital or asset sales, which could dilute shareholders or constrain the ability to secure new royalty/stream deals over the medium term.
Nickel 28 Capital Corp News
CONXF FAQ
What was Nickel 28 Capital Corp’s price range in the past 12 months?
Nickel 28 Capital Corp lowest stock price was $0.39 and its highest was $0.85 in the past 12 months.
What is Nickel 28 Capital Corp’s market cap?
Nickel 28 Capital Corp’s market cap is $67.42M.
When is Nickel 28 Capital Corp’s upcoming earnings report date?
Nickel 28 Capital Corp’s upcoming earnings report date is May 28, 2026 which is in 83 days.
How were Nickel 28 Capital Corp’s earnings last quarter?
Nickel 28 Capital Corp released its earnings results on Dec 19, 2025. The company reported $0.007 earnings per share for the quarter, beating the consensus estimate of N/A by $0.007.
Is Nickel 28 Capital Corp overvalued?
According to Wall Street analysts Nickel 28 Capital Corp’s price is currently Overvalued.
Does Nickel 28 Capital Corp pay dividends?
Nickel 28 Capital Corp does not currently pay dividends.
What is Nickel 28 Capital Corp’s EPS estimate?
Nickel 28 Capital Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nickel 28 Capital Corp have?
Nickel 28 Capital Corp has 86,860,560 shares outstanding.
What happened to Nickel 28 Capital Corp’s price movement after its last earnings report?
Nickel 28 Capital Corp reported an EPS of $0.007 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.192%.
Which hedge fund is a major shareholder of Nickel 28 Capital Corp?
Currently, no hedge funds are holding shares in CONXF
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
Company Description
Nickel 28 Capital Corp
Nickel 28 Capital Corp. operates as a base metals company. The company holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of 13 nickel and cobalt royalties on exploration and development projects in Canada, Australia, and Papua New Guinea. It intends to invest in a battery metals-focused portfolio of streams, royalties, and direct interests in mineral properties containing battery metals. The company was formerly known as Conic Metals Corp. and changed its name to Nickel 28 Capital Corp. in March 2021. Nickel 28 Capital Corp. was incorporated in 2019 and is headquartered in Toronto, Canada.
Technical Analysis
Sherritt International
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Giga Metals Corporation
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Class 1 Nickel & Technologies
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SPC Nickel
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EV Nickel, Inc.
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Ownership Overview
Options Prices
Currently, No data available
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