Class 1 Nickel & Technologies (TSE:NICO)
:NICO
Top Page
Class 1 Nickel & Technologies
(NICO)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.11
▲(85.00% Upside)
Action:ReiteratedDate:01/30/26
The score is primarily constrained by weak financial performance: no meaningful revenue, continued losses and cash burn, and negative equity with rising debt. Technicals are mixed (some longer-term improvement but near-term weakness), while valuation is hindered by negative earnings and no provided dividend support.
Positive Factors
Battery metals exposure
Class 1 Nickel’s explicit focus on nickel and battery-related metals positions it to benefit from multi-year secular demand for EV and energy-storage raw materials. As an exploration-stage developer, this strategic exposure supports long-term project value if commodity demand and project economics align.
Negative Factors
Pre-revenue profile
A multi-year absence of meaningful revenue makes the business fully dependent on financing and speculative future resource development. Without operating revenue, the company faces sustained execution and funding risk until projects commercialize or are monetized.
Read all positive and negative factors
Positive Factors
Negative Factors
Battery metals exposure
Class 1 Nickel’s explicit focus on nickel and battery-related metals positions it to benefit from multi-year secular demand for EV and energy-storage raw materials. As an exploration-stage developer, this strategic exposure supports long-term project value if commodity demand and project economics align.
Read all positive factors
Class 1 Nickel & Technologies (NICO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$26.67M
Dividend YieldN/A
Average Volume (3M)19.50K
Price to Earnings (P/E)―
Beta (1Y)-1.71
Revenue GrowthN/A
EPS Growth37.82%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding183,938,350
10 Day Avg. Volume2,100
30 Day Avg. Volume19,504
Financial Highlights & Ratios
PEG Ratio1.70
Price to Book (P/B)-19.93
Price to Sales (P/S)0.00
P/FCF Ratio-32.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
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
Class 1 Nickel & Technologies Business Overview & Revenue Model
Company Description
Class 1 Nickel and Technologies Limited engages in the exploration and development of minerals and base metals in Canada. The company explores for nickel, copper, and cobalt sulphide deposits. It primarily holds a 100% interest in the Alexo-Dundon...
How the Company Makes Money
Class 1 Nickel & Technologies generates revenue primarily through the exploration and potential development of its mining assets. The company aims to identify and develop economically viable mineral deposits, which can be either sold to or partner...
Class 1 Nickel & Technologies Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.95K |
| EBITDA | -1.40M | -1.77M | -158.17K | -5.60M | -15.35M | -1.73M |
| Net Income | -1.74M | -2.04M | -2.02M | -5.60M | -15.35M | -1.73M |
Balance Sheet | ||||||
| Total Assets | 847.11K | 1.57M | 546.20K | 854.48K | 2.70M | 4.02M |
| Cash, Cash Equivalents and Short-Term Investments | 797.31K | 1.48M | 82.40K | 106.46K | 2.15M | 3.86M |
| Total Debt | 2.00M | 2.46M | 1.97M | 1.05M | 0.00 | 22.00 |
| Total Liabilities | 2.75M | 3.25M | 2.48M | 2.33M | 1.55M | 518.84K |
| Stockholders Equity | -1.90M | -1.68M | -1.93M | -1.48M | 1.15M | 3.50M |
Cash Flow | ||||||
| Free Cash Flow | -1.08M | -1.05M | -2.26M | -5.97M | -6.75M | -1.55M |
| Operating Cash Flow | -1.08M | -1.05M | -2.26M | -5.97M | -6.75M | -1.55M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 1.53M | 2.44M | 2.24M | 3.92M | 5.04M | 5.24M |
Class 1 Nickel & Technologies Technical Analysis
Positive
0.06
Price Trends
0.13
Positive
0.11
Positive
0.10
Positive
Market Momentum
<0.01
Positive
51.13
Neutral
48.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NICO, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.13, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.13 is Neutral, neither overbought nor oversold. The STOCH value of 48.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NICO.
Class 1 Nickel & Technologies Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
43 Neutral | C$26.67M | -4.42 | 82.92% | ― | ― | 37.82% | |
| ― | C$19.42M | -15.13 | -5.19% | ― | ― | 93.75% | |
44 Neutral | C$41.92M | 2,878.60 | -7.40% | ― | ― | 74.27% | |
43 Neutral | C$20.24M | -11.07 | -237.82% | ― | ― | 10.17% | |
43 Neutral | C$27.13M | -12.53 | -83.99% | ― | ― | 21.31% |
* Basic Materials Sector Average
TSE:NICO
Class 1 Nickel & Technologies
0.15
-0.05
-23.68%
TSE:AMY
RecycLiCo Battery Materials
0.08
0.03
87.50%
TSE:TN
Tartisan Nickel Corp
0.32
0.18
120.69%
TSE:IBAT
International Battery Metals
0.15
-0.40
-72.73%
TSE:SPC
SPC Nickel
0.06
0.03
150.00%
TSE:EVNI
EV Nickel, Inc.
0.21
-0.07
-25.00%
Class 1 Nickel & Technologies Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Green Panda Capital Extends Closing of $300,000 Private Placement
Neutral
Jan 27, 2026
Green Panda Capital Corp. has extended the closing date of its previously announced non-brokered private placement of up to $300,000, now targeting completion of the remaining tranche on or before February 25, 2026, subject to TSX Venture Exchange...
Business Operations and StrategyPrivate Placements and Financing
Green Panda Capital Extends Closing of $300,000 Private Placement
Neutral
Dec 30, 2025
Green Panda Capital Corp. has extended the closing date of its previously announced non-brokered private placement of up to $300,000, after completing a first tranche on November 26, 2025 that raised $150,000 through the issuance of 3,000,000 comm...
Private Placements and Financing
Green Panda Capital Corp. Completes First Tranche of Private Placement
Positive
Nov 27, 2025
Green Panda Capital Corp., a company listed on the TSX Venture Exchange, has successfully completed the first tranche of its private placement financing, raising $150,000 by issuing 3,000,000 common shares at $0.05 each. The funds raised will be u...
Executive/Board ChangesPrivate Placements and Financing
Green Panda Capital Corp. Announces Private Placement and Leadership Change
Neutral
Nov 10, 2025
Green Panda Capital Corp., a company listed on the TSX Venture Exchange, announced a non-brokered private placement of up to 6,000,000 common shares at $0.05 per share, aiming to raise $300,000 for general corporate purposes. Additionally, the com...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.