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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$0.65 - C$1.29
Previous CloseN/A
Volume5.48K
Average Volume (3M)28.19K
Market Cap
C$98.97M
Enterprise ValueC$93.19M
Total Cash (Recent Filing)C$8.14M
Total Debt (Recent Filing)C$32.39M
Price to Earnings (P/E)36.2
Beta1.07
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding86,057,220
10 Day Avg. Volume37,811
30 Day Avg. Volume28,189
Financial Highlights & Ratios
PEG Ratio1.12
Price to Book (P/B)0.79
Price to Sales (P/S)0.00
P/FCF Ratio-102.63
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
Royalty Business ModelA royalty/streaming model shifts capital and operational risk to the operator, requiring minimal capex and a small operating footprint. This provides durable cash exposure to metal production without mine operating risk, supporting scalable, lower-fixed-cost cash generation over time.
Battery-metal ExposureDirect exposure to nickel and cobalt via royalties aligns the company with structural demand drivers for EV and battery supply chains. As battery metal demand grows, a royalty holder can capture price/volume upside without bearing mine development costs, a durable strategic position.
Improving Balance SheetMeaningful de‑leveraging and a sizable equity base enhance financial flexibility and resilience to commodity cycles. A stronger balance sheet reduces refinancing risk and provides runway to withstand lower royalty receipts or fund opportunistic investments without immediate dilution.
Bears Say
Negative Cash FlowPersistent negative operating and free cash flow means reported accounting profits aren't converting into liquidity, forcing reliance on financing or asset transactions. This undermines self-funding capacity and increases vulnerability to funding stress if metal receipts or payments are delayed.
Weak Earnings QualityNet income supported by non‑operating items while EBIT remains negative indicates fragile, volatile profitability. Lack of clear revenue reporting obscures core performance, raising risk that accounting gains reverse and true operational profitability remains weak over the medium term.
Single-asset ConcentrationHeavy dependence on a single royalty tied to Ramu concentrates sovereign, operator, production and price risks. Any operational disruption, regulatory change, or contract adjustment at Ramu would materially impact cash receipts and earnings durability for this company.
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$0.65 and its highest was C$1.29 in the past 12 months.
What is Nickel 28 Capital Corp’s market cap?
Nickel 28 Capital Corp’s market cap is C$98.97M.
When is Nickel 28 Capital Corp’s upcoming earnings report date?
Nickel 28 Capital Corp’s upcoming earnings report date is Sep 24, 2026 which is in 84 days.
How were Nickel 28 Capital Corp’s earnings last quarter?
Currently, no data Available
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 86,057,220 shares outstanding.
What happened to Nickel 28 Capital Corp’s price movement after its last earnings report?
Currently, no data Available
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. is a Toronto, Canada-based enterprise, incorporated in 2019, specializing in base metals. The company maintains an 8.56% joint venture interest in the Ramu Nickel-Cobalt operation, located in Papua New Guinea. Furthermore, its assets include a collection of 13 royalty agreements pertaining to nickel and cobalt exploration and development ventures across Canada, Australia, and Papua New Guinea. Looking ahead, Nickel 28 aims to strategically expand its holdings by acquiring streams, royalties, and direct interests in mineral properties focused on battery metals. The firm adopted its current name in March 2021, having formerly been recognized as Conic Metals Corp.
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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