Nickel Creek Platinum Corp (NCP) AI Stock Analysis

• Market Cap: C$24.29M
• Dividend Yield: N/A
• Average Volume (3M): 5.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.62
• Revenue Growth: N/A
• EPS Growth: 33.49%
• Country: CA
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Mining
• EPS (TTM): -0.02
• Shares Outstanding: 6,227,968
• 10 Day Avg. Volume: 7,825
• 30 Day Avg. Volume: 5,097
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 36 Underperform
• Price Target: ―

Nickel Creek Platinum Corp shows significant weaknesses in financial performance due to zero revenue and persistent losses. The technical analysis indicates a bearish trend, and the valuation remains unattractive with a negative P/E ratio. The strong equity position is a positive factor, but operational improvements are needed for a better outlook.

Positive Factors

Strong Equity Position

A strong equity position with minimal leverage provides financial stability and flexibility, allowing the company to withstand operational challenges.

Focus on Exploration Potential

The shift to TSX Venture Exchange indicates a strategic focus on exploration, which could enhance project development and attract investment in the long term.

Minimal Leverage

Minimal leverage reduces financial risk and interest obligations, enabling the company to allocate resources towards project development and exploration.

Negative Factors

Zero Revenue Generation

Persistent zero revenue highlights operational challenges and limits cash generation, which can hinder project advancement and investor confidence.

Negative Cash Flows

Negative cash flows necessitate reliance on external funding, which poses risks to financial sustainability if not managed effectively.

Departure of Key Board Member

The departure of a long-serving board member could impact strategic continuity and leadership stability, affecting long-term project execution.

Nickel Creek Platinum Corp Business Overview & Revenue Model

Company Description

Nickel Creek Platinum Corp is a Canadian involved in mining exploration, evaluation, and development of platinum group metal and nickel mineral properties. The company mainly operates through its Yukon Territory property in Canada. It generates most of its revenue through the sale of its metals deposit, while it also engages in the acquisition, evaluation, research, and development of mining properties.

How the Company Makes Money

Nickel Creek Platinum Corp primarily generates revenue through the exploration and potential development of its mineral resources. The company's revenue model is centered on increasing the value of its flagship Nickel Shäw Project by enhancing its resource estimates through extensive exploration activities, thereby attracting investment and partnerships with larger mining companies. Revenue is anticipated to be generated from future mining operations through the sale of extracted nickel, copper, cobalt, and PGMs. Significant factors contributing to the company's earnings include fluctuations in global metal prices, successful partnerships or joint ventures with established mining firms, and advancements in project development that increase the project's feasibility and attractiveness to investors.

Nickel Creek Platinum Corp Financial Statement Overview

Summary

Nickel Creek Platinum Corp faces significant financial challenges, primarily due to zero revenue generation and persistent losses. The strong equity position provides a cushion, but negative cash flows and reliance on financing highlight potential risks. Strategic improvements in operational performance are crucial for financial stability.

Income Statement

The company has consistently reported zero revenue, indicating a lack of operational income. The absence of revenue growth and persistent negative EBIT and net income reflect ongoing operational challenges and profitability issues.

Balance Sheet

The balance sheet shows strong equity, with a healthy equity ratio of approximately 97%. The debt-to-equity ratio is low, indicating minimal leverage, which suggests financial stability. However, the total liabilities slightly increased over the periods, which demands cautious monitoring.

Cash Flow

The company experiences negative operating and free cash flows, indicating insufficient cash generation from operations. Despite positive financing cash flow, the reliance on external funding could pose risks if not managed carefully. The lack of positive cash flow growth is concerning.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-58.56K	-113.60K	-122.79K	-143.02K	-211.17K	-306.66K
EBITDA	-1.57M	-2.27M	-1.52M	-1.57M	-2.08M	-2.95M
Net Income	-1.64M	-2.39M	-1.65M	-1.76M	-2.36M	-3.34M
Balance Sheet
Total Assets	34.30M	34.09M	34.51M	32.22M	29.43M	27.98M
Cash, Cash Equivalents and Short-Term Investments	694.63K	468.08K	1.82M	2.67M	1.46M	1.02M
Total Debt	47.37K	38.84K	118.94K	203.19K	135.61K	157.43K
Total Liabilities	881.42K	903.72K	1.00M	1.09M	976.48K	1.00M
Stockholders Equity	33.42M	33.19M	33.50M	31.14M	28.46M	26.98M
Cash Flow
Free Cash Flow	-1.27M	―	-4.46M	-2.83M	-3.06M	-2.94M
Operating Cash Flow	-1.10M	―	-1.24M	-1.44M	-1.92M	-2.37M
Investing Cash Flow	-181.75K	-1.16M	-2.55M	-1.39M	-1.14M	-520.58K
Financing Cash Flow	1.01M	1.25M	3.40M	3.57M	3.51M	1.11M

Nickel Creek Platinum Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NCP, the sentiment is Positive. The current price of 4.15 is above the 20-day moving average (MA) of 3.02, above the 50-day MA of 2.58, and above the 200-day MA of 1.77, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 66.64 is Neutral, neither overbought nor oversold. The STOCH value of 82.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NCP.

Nickel Creek Platinum Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PTX	38 Underperform	C$21.77M	-4.37	-40.54%	―	―	-32.41%
NCP	36 Underperform	C$24.29M	-17.36	-7.87%	―	―	33.49%

Nickel Creek Platinum Corp Corporate Events

Nickel Creek Platinum Completes $1.8 Million Private Placement for Yukon Project Expansion

Nickel Creek Platinum Corp. has successfully closed the second and final tranche of its private placement, raising a total of approximately $1.8 million. The funds will be used for the company’s 2026 exploration drill program, permitting activities, and general corporate expenses at the Nickel Shäw Project. This financial move supports the company’s strategic initiatives to advance its exploration and development efforts in the Yukon, potentially enhancing its position in the mining industry.

Nickel Creek Platinum Secures $1.5 Million in Private Placement

Nickel Creek Platinum Corp. has successfully closed the first tranche of a private placement, raising approximately $1.5 million through the issuance of common and flow-through shares. The funds will be used to support the company’s 2026 exploration drill program and ongoing activities at the Nickel Shäw Project in the Yukon. This financing move is part of the company’s strategy to further explore nickel and copper mineralization, potentially enhancing its market position and value for stakeholders.

Nickel Creek Platinum Expands Private Placement to Fund 2026 Drill Program

Nickel Creek Platinum Corp. has announced an increase in its non-brokered private placement to $2.1 million, aimed at funding its 2026 drill program and other corporate activities at the Nickel Shäw Project. The participation of its largest shareholder, Electrum Strategic Opportunities Fund L.P., highlights stakeholder confidence, while the transaction’s completion remains subject to regulatory approvals.

Nickel Creek Platinum Announces $2 Million Private Placement to Fund 2026 Drill Program

Nickel Creek Platinum Corp. has announced a non-brokered private placement to raise up to $2.0 million through the issuance of common and flow-through shares. The funds will support the 2026 drill program and other activities at the Nickel Shäw Project. Electrum Strategic Opportunities Fund L.P., the company’s largest shareholder, plans to invest up to $0.8 million. The placement is subject to TSX Venture Exchange approval and aims to strengthen Nickel Creek’s financial position, enhancing its exploration and development capabilities.