Nicola Mining Inc. (CVE:NIM - Get Free Report) shares rose 40% during trading on Monday . The stock traded as high as C$0.70 and last traded at C$0.70. Approximately 274,067 shares were traded during mid-day trading, an increase of 255% from the average daily volume of 77,109 shares. The stock had previously closed at C$0.50.
Wall Street Analyst Weigh In
Separately, Noble Financial upgraded Nicola Mining to a "strong-buy" rating in a research report on Thursday, May 8th.
Get Our Latest Report on Nicola Mining
Nicola Mining Trading Down 8.6%
The company has a market cap of C$128.15 million, a PE ratio of -20.49 and a beta of 1.14. The company has a debt-to-equity ratio of 152.26, a current ratio of 3.34 and a quick ratio of 0.26. The company has a 50-day moving average of C$0.44 and a 200 day moving average of C$0.37.
About Nicola Mining
(
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.
Featured Articles
Before you consider Nicola Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nicola Mining wasn't on the list.
While Nicola Mining currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.