Nicola Mining Inc. (CVE:NIM - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as C$0.75 and last traded at C$0.72, with a volume of 317579 shares trading hands. The stock had previously closed at C$0.64.
Wall Street Analyst Weigh In
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 Nicola Mining
Nicola Mining Stock Up 6.3%
The firm has a market capitalization of C$136.16 million, a P/E ratio of -21.77 and a beta of 1.14. The company has a quick ratio of 0.26, a current ratio of 3.34 and a debt-to-equity ratio of 152.26. The company has a fifty day simple moving average of C$0.48 and a 200 day simple moving average of C$0.39.
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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