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Nickel 28 Capital Corp (TSE:NKL)
:NKL
NKL Stock Chart & Stats
C$0.77
C$0.03(4.05%)
At close: 4:00 PM EST
C$0.77
C$0.03(4.05%)
Day’s Range― - ―
52-Week RangeC$0.51 - C$1.19
Previous CloseN/A
Volume5.48K
Average Volume (3M)28.19K
Market Cap
C$97.28M
Enterprise ValueC$97.11M
Total Cash (Recent Filing)C$9.48M
Total Debt (Recent Filing)C$35.48M
Price to Earnings (P/E)―
Beta1.42
Next Earnings
May 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.01
Shares Outstanding86,860,560
10 Day Avg. Volume37,811
30 Day Avg. Volume28,189
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.55
Price to Sales (P/S)0.00
P/FCF Ratio-5.73
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
Bulls Say, Bears Say
Bulls Say
Capital-light Royalty/stream ModelThe royalty/stream business model provides durable, capital-light exposure to mineral production without operating mines. This reduces direct capex and operating risk, allowing the company to earn cash tied to third-party production over multi-year mine lives and preserve balance-sheet flexibility.
Strategic Exposure To Nickel & Battery MetalsConcentrated royalty and stream interests in nickel and battery-related metals position the firm to capture production-linked cash flows from those commodity supply chains. Structural mine lives for underlying assets can translate into multi-year streams of receipts, supporting sustainable revenue sources if production persists.
Improved Leverage And Equity BufferA lower D/E (~0.43) and a sizable equity base relative to debt reduce refinancing and solvency risk. Improved leverage enhances financial flexibility to withstand commodity cycles, pursue incremental royalties or cover obligations, supporting longer-term stability compared with earlier, more leveraged periods.
Bears Say
Weak Profitability And No Reported RevenueA TTM net loss and consistently reported $0 revenue indicate earnings are not driven by recurring operating sales, reducing predictability. Reliance on non-operating items for reported results undermines margin analysis and makes future profit sustainability and cash generation harder to forecast.
Inconsistent Cash Generation And Prior Cash BurnsRecent modest positive operating and free cash flow contrasts with large prior free-cash-flow deficits, demonstrating volatility. This uneven cash history increases execution and funding risk, making the company vulnerable if royalties underperform or if losses recur and external financing conditions tighten.
Negative Returns On EquityA negative TTM ROE (~-5.5%) signals the company is not generating positive returns on shareholder capital. Persistent negative returns limit the ability to reinvest profitably, constrain long-term shareholder value creation, and point to inefficiencies despite a healthier leverage profile.
Nickel 28 Capital Corp News
NKL FAQ
What was Nickel 28 Capital Corp’s price range in the past 12 months?
Nickel 28 Capital Corp lowest stock price was C$0.51 and its highest was C$1.19 in the past 12 months.
What is Nickel 28 Capital Corp’s market cap?
Nickel 28 Capital Corp’s market cap is C$97.28M.
When is Nickel 28 Capital Corp’s upcoming earnings report date?
Nickel 28 Capital Corp’s upcoming earnings report date is May 28, 2026 which is in 95 days.
How were Nickel 28 Capital Corp’s earnings last quarter?
Nickel 28 Capital Corp released its earnings results on Dec 19, 2025. The company reported C$0.01 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.01.
Is Nickel 28 Capital Corp overvalued?
According to Wall Street analysts Nickel 28 Capital Corp’s price is currently Overvalued.
Does Nickel 28 Capital Corp pay dividends?
Nickel 28 Capital Corp does not currently pay dividends.
What is Nickel 28 Capital Corp’s EPS estimate?
Nickel 28 Capital Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nickel 28 Capital Corp have?
Nickel 28 Capital Corp has 86,860,560 shares outstanding.
What happened to Nickel 28 Capital Corp’s price movement after its last earnings report?
Nickel 28 Capital Corp reported an EPS of C$0.01 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.857%.
Which hedge fund is a major shareholder of Nickel 28 Capital Corp?
Currently, no hedge funds are holding shares in TSE:NKL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Nickel 28 Capital Corp
Nickel 28 Capital Corp. operates as a base metals company. The company holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of 13 nickel and cobalt royalties on exploration and development projects in Canada, Australia, and Papua New Guinea. It intends to invest in a battery metals-focused portfolio of streams, royalties, and direct interests in mineral properties containing battery metals. The company was formerly known as Conic Metals Corp. and changed its name to Nickel 28 Capital Corp. in March 2021. Nickel 28 Capital Corp. was incorporated in 2019 and is headquartered in Toronto, Canada.
Technical Analysis
Sherritt International
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Giga Metals Corporation
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Class 1 Nickel & Technologies
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SPC Nickel
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EV Nickel, Inc.
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Options Prices
Currently, No data available
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