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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% | |
51 Neutral | C$310.70M | -7.25 | -344.14% | ― | ― | -87.42% | |
50 Neutral | C$272.40M | -123.47 | -5.12% | ― | ― | 47.32% | |
50 Neutral | C$320.73M | -106.36 | -6.09% | ― | 8.28% | 87.46% | |
47 Neutral | C$247.34M | -62.77 | ― | ― | ― | 48.63% | |
46 Neutral | C$229.40M | -40.18 | -72.69% | ― | ― | 1.81% |
Nicola Mining Corporate Events
Nicola Mining Inc. has confirmed that, in connection with its recently completed non-brokered private placement of 5,512,001 units at $0.90 per unit for gross proceeds of approximately $4.96 million, it paid aggregate cash finder’s fees of about $126,588 to eligible finders. The share issuance and associated fees underline the company’s continued access to equity capital to support development of its milling operations and portfolio of copper, gold, and silver assets in British Columbia, while remaining compliant with applicable securities regulations in the jurisdictions where it operates.
The most recent analyst rating on (TSE:NIM) stock is a Hold with a C$1.00 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 closed an oversubscribed non-brokered private placement, issuing 5,512,001 units at $0.90 per unit for total gross proceeds of approximately $4.96 million, with each unit comprising one common share and a three-year warrant exercisable at $1.10. Proceeds will primarily fund upgrades and expansion of the company’s Merritt mill to increase processing capacity to about 500 tonnes per day, including new milling equipment, a secondary ball mill, additional flotation cells, and critical maintenance spares, supporting enhanced operational reliability and positioning the company to capitalize more effectively on its toll milling agreements and owned projects; the financing also included a modest related-party participation by the company’s corporate secretary under standard minority protection exemptions.
The most recent analyst rating on (TSE:NIM) stock is a Sell with a C$1.00 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 upsized its previously announced non-brokered private placement to $4.9 million, issuing 5,444,444 units at $0.90 per unit, each comprising one common share and one transferable warrant exercisable at $1.10 for three years, subject to potential acceleration. The financing, which has attracted strong support from existing shareholders and new institutional investors, will fund the purchase and installation of additional milling equipment, including a secondary ball mill and cleaner flotation cells, to expand processing capacity to roughly 500 tonnes per day and improve plant reliability, underscoring the company’s focus on scaling its processing operations and enhancing operational resilience.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$1.20 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 been selected to showcase core from its New Craigmont copper exploration programs at the Association for Mineral Exploration’s Roundup conference in Vancouver, where it will highlight recent findings and high-grade drill core to an audience of industry, government and Indigenous representatives. The company will also exhibit at the Vancouver Resource Investment Conference, using both high-profile events to engage investors and stakeholders, communicate its growth strategy and operational developments, and raise the profile of its flagship copper and gold-processing assets in British Columbia.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$1.20 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 issued a clarification after a review by the British Columbia Securities Commission revealed an error in its June 2025 management information circular regarding the shareholdings of Concept Capital Management (CCM). The company now states that CCM’s correct ownership at that time should have been 31,165,659 common shares rather than the previously reported 38,054,331, and that following subsequent share sales and the conversion of debentures, CCM currently holds 43,408,898 shares, with insider disclosure records now confirmed as accurate.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$1.20 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 upsized its previously announced non-brokered private placement from $1 million to $3 million, driven by strong demand from existing shareholders and new institutional investors. The financing, structured as units comprising common shares and three-year warrants, will fund the purchase and installation of additional milling equipment, including a secondary ball mill and cleaner flotation cells, to expand processing capacity to about 500 tonnes per day, upgrade critical infrastructure, and acquire key spare parts to reduce maintenance downtime. Management says the expansion will allow the company to better capitalize on strong precious metal prices, lower unit production costs, and support continued processing of high-grade material, reinforcing its strategy of disciplined growth and long-term value creation at its British Columbia operations, subject to regulatory approvals.
The most recent analyst rating on (TSE:NIM) stock is a Hold with a C$0.98 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
Nicola Mining Inc. and Blue Lagoon Resources have completed their first sale of gold and silver worth US$1.0 million to Ocean Partners UK Limited under their long-term partnership, marking a significant step in ramping up production and revenue generation amid strong precious metal prices. Ongoing steady shipments of gold and silver mill feed from Blue Lagoon to Nicola’s mill underscore the operational progress of the collaboration, strengthening Nicola’s utilization of its processing infrastructure and reinforcing its position as a growing toll-milling and precious metals player in British Columbia.
The most recent analyst rating on (TSE:NIM) stock is a Hold with a C$0.96 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 secured a $1 million strategic non-brokered private placement from Ocean Partners UK Limited, issuing 1,111,112 units at $0.90 each, with accompanying warrants exercisable at $1.10 for three years, to bolster its balance sheet ahead of a planned NASDAQ uplisting in the first quarter of 2026. The financing, subject to TSX Venture Exchange approval and standard hold periods, will be used for general working capital and underscores growing institutional support as the company advances its mining assets; Nicola also strengthened its capital markets expertise by appointing Blue Sail Capital founder Rahim Kassim-Lakha as Strategic Advisor, signaling a more aggressive push on corporate development and funding strategies.
The most recent analyst rating on (TSE:NIM) stock is a Buy with a C$1.20 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
In 2025, Nicola Mining experienced a transformative year marked by strategic execution and significant milestones, including the expansion of its Embayment Zone and the acquisition of the Dominion Creek Gold Project. The company benefited from macroeconomic trends favoring precious metals, which bolstered its share prices and operational capabilities. Nicola also achieved financial improvements, analyst coverage in the US, and transitioned to a gold and silver producer, enhancing its industry positioning and stakeholder value.
The most recent analyst rating on (TSE:NIM) stock is a Hold with a C$1.00 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 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.
The most recent analyst rating on (TSE:NIM) stock is a Hold with a C$0.96 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.
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.
The most recent analyst rating on (TSE:NIM) stock is a Sell with a C$1.00 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 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.
The most recent analyst rating on (TSE:NIM) stock is a Sell with a C$1.00 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 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.
The most recent analyst rating on (TSE:NIM) stock is a Sell with a C$1.00 price target. To see the full list of analyst forecasts on Nicola Mining stock, see the TSE:NIM Stock Forecast page.