Nicola Mining Inc. (CVE:NIM - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$0.56 and last traded at C$0.56, with a volume of 161610 shares changing hands. The stock had previously closed at C$0.50.
Wall Street Analysts Forecast Growth
Separately, Noble Financial raised shares of Nicola Mining to a "strong-buy" rating in a research report on Thursday, May 8th.
Check Out Our Latest Stock Report on NIM
Nicola Mining Stock Performance
The company has a current ratio of 3.34, a quick ratio of 0.26 and a debt-to-equity ratio of 152.26. The stock has a market capitalization of C$122.15 million, a PE ratio of -19.53 and a beta of 1.14. The firm's fifty day moving average price is C$0.44 and its two-hundred day moving average price is C$0.37.
About Nicola Mining
(
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Nicola Mining Inc, a junior exploration and custom milling company, engages in the identification, acquisition, and exploration of mineral property interests in Canada. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds a 100% interest in the Treasure Mountain project comprising 30 mineral claims covering 2,513 hectares, and 1 mineral lease covering an area of approximately 335 hectares located to the northeast of Hope, British Columbia; and the New Craigmont project consisting of 22 contiguous mineral claims covering approximately 10,913 hectares, and 10 mineral leases covering an area of approximately 347 hectares located in the Merritt, British Columbia.
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