Nicola Mining Inc. (CVE:NIM - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$0.45 and last traded at C$0.45, with a volume of 698000 shares traded. The stock had previously closed at C$0.43.
Analyst Ratings Changes
Separately, Noble Financial raised shares of Nicola Mining to a "strong-buy" rating in a report on Thursday, May 8th.
View Our Latest Stock Analysis on NIM
Nicola Mining Price Performance
The firm has a market cap of C$89.11 million, a price-to-earnings ratio of -14.25 and a beta of 1.14. The company has a debt-to-equity ratio of 152.26, a quick ratio of 0.26 and a current ratio of 3.34. The business's 50-day moving average is C$0.39 and its 200-day moving average is C$0.34.
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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