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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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.45M | 818.16K | 1.62M | 0.00 | 0.00 | 0.00 |
| Gross Profit | -3.91M | -3.78M | -1.52M | -975.00K | -1.48M | -1.04M |
| EBITDA | -2.57M | -4.40M | -1.75M | 1.53M | -1.77M | -1.35M |
| Net Income | -3.50M | -5.23M | -3.33M | -52.83K | -3.40M | -2.89M |
Balance Sheet | ||||||
| Total Assets | 13.76M | 10.66M | 25.72M | 18.58M | 12.36M | 11.35M |
| Cash, Cash Equivalents and Short-Term Investments | 5.41M | 2.54M | 4.76M | 895.77K | 916.29K | 824.71K |
| Total Debt | 238.70K | 4.54M | 4.25M | 5.73M | 7.04M | 6.55M |
| Total Liabilities | 17.60M | 20.47M | 19.44M | 16.51M | 11.52M | 11.15M |
| Stockholders Equity | -3.85M | -9.81M | 6.28M | 2.08M | 841.42K | 198.84K |
Cash Flow | ||||||
| Free Cash Flow | -5.21M | -3.76M | 3.82M | 1.67M | -2.74M | -1.13M |
| Operating Cash Flow | -4.74M | -3.31M | 3.87M | 1.73M | -2.22M | -1.12M |
| Investing Cash Flow | 65.42K | -1.59M | -88.70K | -75.65K | -336.87K | -11.50K |
| Financing Cash Flow | 4.47M | 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 |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | C$226.55M | -171.19 | -5.12% | ― | ― | 47.32% | |
58 Neutral | C$241.23M | -80.00 | -6.09% | ― | 8.28% | 87.46% | |
52 Neutral | C$198.66M | -50.53 | ― | ― | ― | 48.63% | |
48 Neutral | C$224.91M | -5.25 | -344.14% | ― | ― | -87.42% | |
48 Neutral | C$196.44M | -34.41 | -72.69% | ― | ― | 1.81% |
Nicola Mining Corporate Events
Nicola Mining Inc. has announced the grant of stock options and restricted share units to its directors, officers, employees, and consultants. The company has granted 2,850,000 stock options with an exercise price of $1.00, expiring in five years, and 1,015,000 restricted share units vesting on January 1, 2027. This move is part of Nicola’s equity incentive plan and is subject to a hold period as per TSX Venture Exchange regulations, potentially impacting the company’s operational incentives and stakeholder engagement.
Nicola Mining Inc. announced the commencement of receiving high-grade gold and silver millfeed from Blue Lagoon Resources at its mill near Merritt, British Columbia. This development is part of a long-term partnership, with Nicola providing a $2.0 million line of credit to Blue Lagoon. The collaboration underscores Nicola’s role as a facilitator of gold and silver projects in British Columbia and highlights its commitment to sustainability, as evidenced by Blue Lagoon’s receipt of the PDAC’s 2026 Sustainability Award.
Nicola Mining Inc. has announced promising assay results from its Dominion Gold Project, revealing high-grade gold values, with samples returning up to 113 grams per tonne. The discovery of new veins and the confirmation of high-grade mineralization highlight the project’s long-term potential, positioning Nicola Mining for future growth and development. The company plans to focus on bulk sample extraction and further exploration of the project’s scale in 2026, which could significantly impact its operational strategy and market positioning.
Nicola Mining Inc. has completed its 2025 work at the Dominion Gold Project, including all mine development for a 10,000-tonne bulk sample, which is set to recommence in July 2026. The company discovered three additional veins during the development phase, indicating a larger project scope than initially anticipated. These discoveries provide new exploration targets and enhance the project’s potential, impacting Nicola’s operational strategy and industry positioning positively.
Nicola Mining Inc. has announced its intention to uplist its common shares to the Nasdaq Capital Market, applying to list under the symbol ‘NICM’. Concurrently, the company filed a Preliminary Short Form Base Shelf Prospectus with Canadian regulators, allowing it to offer various securities up to C$10,000,000 over a 25-month period. This move is expected to enhance Nicola’s market presence and provide greater financial flexibility, potentially impacting its operations and stakeholder interests positively.
Nicola Mining has announced plans for a 2026 exploration drilling program at its Treasure Mountain Silver Project, a permitted silver mine located in British Columbia. The program is supported by a multi-year exploration permit and a ten-year mine lease extension, aiming to explore sulphide-rich veins northwest of the suspended mine. This initiative follows extensive preparatory work, including geophysical surveys and soil sampling, and is part of Nicola’s strategy to capitalize on higher silver prices and the mine’s potential. The announcement has generated increased interest from investors and strategic partners, highlighting the project’s significance in Nicola’s portfolio.
Nicola Mining Inc. has engaged Atrium Research Corporation to provide research services, including reports and interviews, to enhance its investment case. This strategic move aims to increase visibility and attract potential investors, with Atrium offering insights based on industry data and management discussions. The engagement, subject to TSX Venture Exchange approval, reflects Nicola’s efforts to strengthen its market positioning and stakeholder engagement.
Nicola Mining Inc., in partnership with Lower Nicola Site Services Ltd, has completed the expansion of its gravel pit and the construction of a cement ready-mix plant. This development, supported by significant permits, enables the company to supply materials for major infrastructure projects, including Teck Resources’ Highland Valley Copper expansion. The operations are expected to extend the gravel pit’s life for decades, enhancing Nicola’s role in regional infrastructure and community collaboration.
Nicola Mining Inc. announced the conversion of $3.9 million in convertible debentures into common shares, significantly increasing Concept Capital Management’s stake in the company to 20.96%. This conversion strengthens Concept’s position as a major shareholder, potentially impacting Nicola’s strategic direction and market influence.
Nicola Mining Inc. has secured five-year extensions for its six mining leases at the New Craigmont Property, enhancing the value of its 10,800-hectare copper project, which is adjacent to Canada’s largest copper mine. This extension supports Nicola’s strategic shift from exploration to operation, with a focus on environmental diligence and maintaining permits, potentially accelerating its operational timeline.
Nicola Mining Inc. has commenced shipping gold concentrate through a partnership with Talisker Resources, generating approximately US$2.3 million from the sale of 707 ounces of gold in August. The company’s recent upgrades, including automation and installation of a large concentrator, have improved production efficiency and recovery rates, positioning Nicola to benefit from gold and silver price trends. The company’s operations are supported by British Columbia’s Ministry of Mining and Critical Minerals, highlighting Nicola’s potential as a hub for smaller mining projects.