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Nicola Mining
(NIM)
Nicola Mining (NIM) vs. iShares MSCI Canada ETF (EWC)
Nicola Mining Business Overview & Revenue Model
Nicola Mining Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 818.16K | 1.62M | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.44M | -1.52M | -975.00K | -1.48M | -1.04M |
| EBITDA | -4.40M | -1.75M | 1.53M | -1.77M | -1.35M |
| Net Income | -5.23M | -3.33M | -52.83K | -3.40M | -2.89M |
Balance Sheet | |||||
| Total Assets | 10.66M | 25.72M | 18.58M | 12.36M | 11.35M |
| Cash, Cash Equivalents and Short-Term Investments | 2.54M | 4.76M | 895.77K | 916.29K | 824.71K |
| Total Debt | 4.54M | 4.25M | 5.73M | 7.04M | 6.55M |
| Total Liabilities | 20.47M | 19.44M | 16.51M | 11.52M | 11.15M |
| Stockholders Equity | -9.81M | 6.28M | 2.08M | 841.42K | 198.84K |
Cash Flow | |||||
| Free Cash Flow | -3.76M | 3.82M | 1.67M | -2.74M | -1.13M |
| Operating Cash Flow | -3.31M | 3.87M | 1.73M | -2.22M | -1.12M |
| Investing Cash Flow | -1.59M | -88.70K | -75.65K | -336.87K | -11.50K |
| Financing Cash Flow | 1.60M | 78.24K | -1.68M | 2.65M | 1.46M |
Nicola Mining Technical Analysis
Nicola Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.49B | 9.49 | 1.49% | 2.70% | 2.28% | -33.88% | |
56 Neutral | C$125.72M | ― | -122.83% | ― | ― | -370.49% | |
42 Neutral | C$66.45M | ― | -5.97% | ― | ― | 55.15% | |
40 Underperform | C$43.35M | ― | -4.74% | ― | ― | 30.08% | |
39 Underperform | C$76.99M | ― | -3.20% | ― | ― | 9.09% | |
32 Underperform | C$68.89M | ― | -213.92% | ― | ― | 29.90% | |
26 Underperform | C$65.40M | ― | -399.98% | ― | ― | 7.43% |
Nicola Mining Corporate Events
Nicola Mining Inc. has announced the acceleration of the expiry of outstanding common share purchase warrants, initially issued in February 2025, due to the company’s share price reaching a specified threshold. The accelerated expiry will allow the company to utilize proceeds for general working capital, including exploration and milling activities, reflecting successful milestones in their gold and silver production and exploration efforts.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Nicola Mining Inc. has successfully closed an oversubscribed non-brokered private placement, raising $2,175,000 through the sale of 4,350,000 units at $0.50 each. The proceeds will be used for further exploration of the New Craigmont Project. This financial move strengthens Nicola’s position in the mining industry, particularly in copper exploration, and highlights investor confidence in its projects.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Nicola Mining has commenced long-term production of gold and silver concentrate at its Merritt Mill in British Columbia, marking a significant transition from processing bulk sample mill feed to a sustained production strategy. This move, supported by partnerships with companies like Talisker Resources and Blue Lagoon Resources, positions Nicola as a key player in the high-grade gold and silver milling sector in the region, enhancing its strategic importance and commitment to environmentally responsible mining practices.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Nicola Mining Inc. has announced a non-brokered private placement of up to 4,000,000 units at $0.50 per unit, aiming to raise $2,000,000. The proceeds will be used for further exploration of the New Craigmont Project. The offering includes flow-through common shares and warrants, with insider participation possible. This move is expected to bolster Nicola’s exploration efforts and strengthen its position in the mining industry.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Nicola Mining has commenced its 2025 Exploration Diamond Drilling Program at the New Craigmont Copper Project, targeting potential porphyry copper systems. The program involves drilling 4,000-5,000 meters across several high-priority targets identified through AI-based analysis in collaboration with GoldSpot Discoveries. The initiative aims to expand mineralization at existing targets and test new ones, with an estimated budget of $1.5-2 million. The results could significantly impact Nicola’s operations by enhancing its understanding of the property’s mineral potential and guiding future exploration efforts.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Nicola Mining Inc. has received a multi-year area-based exploration permit for its Treasure Mountain Silver Project, allowing extensive exploration activities over the next five years. This development, along with a recent ten-year mining lease extension, enhances the company’s exploration and mining potential, positioning it favorably in the market amid strong silver prices.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Nicola Mining Inc. has appointed Vicente García as Senior Geologist to enhance its copper porphyry expertise as it embarks on an aggressive 2025 exploration program. García’s extensive experience in various mineral exploration projects, including copper and lithium, is expected to significantly contribute to Nicola’s exploration efforts, particularly at the New Craigmont Project and Treasure Mountain Silver Mine. The company aims to capitalize on copper exploration opportunities while continuing its gold and silver production, strengthening its position in the mining industry.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Nicola Mining Inc. has commenced gold and silver production at its upgraded facility in Merritt, British Columbia, receiving ore from Talisker Resources Inc. and working with Ocean Partners UK Limited on concentrate sales. The company is ramping up production to reach full capacity by Q3 and is applying for a permit amendment to increase mill throughput. Nicola is also preparing for copper exploration at its New Craigmont Copper Project and has strengthened its geological team. The company is involved with Blue Lagoon Resources and is preparing to accept ore from Dome Mountain Mine, while also initiating mining activities at its Dominion Creek Mineral Project.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.