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Nicola Mining (CVE:NIM) Hits New 12-Month High - Here's What Happened

Nicola Mining logo with Basic Materials background

Nicola Mining Inc. (CVE:NIM - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.45 and last traded at C$0.45, with a volume of 334000 shares traded. The stock had previously closed at C$0.45.

Analyst Ratings Changes

Separately, Noble Financial raised shares of Nicola Mining to a "strong-buy" rating in a research note on Thursday, May 8th.

Check Out Our Latest Analysis on NIM

Nicola Mining Stock Performance

The stock has a market capitalization of C$90.11 million, a PE ratio of -14.41 and a beta of 1.14. The business's 50 day moving average is C$0.39 and its 200 day moving average is C$0.34. The company has a current ratio of 3.34, a quick ratio of 0.26 and a debt-to-equity ratio of 152.26.

Nicola Mining Company Profile

(Get Free Report)

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.

See Also

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