Nicola Mining Inc. (CVE:NIM - Get Free Report)'s share price traded up 40% during trading on Monday . The company traded as high as C$0.70 and last traded at C$0.70. 274,067 shares changed hands during trading, an increase of 255% from the average session volume of 77,109 shares. The stock had previously closed at C$0.50.
Analyst Upgrades and Downgrades
Separately, Noble Financial upgraded Nicola Mining to a "strong-buy" rating in a report on Thursday, May 8th.
Read Our Latest Stock Analysis on Nicola Mining
Nicola Mining Stock Up 6.6%
The firm has a market capitalization of C$130.16 million, a P/E ratio of -20.81 and a beta of 1.14. The stock has a fifty day moving average of C$0.44 and a 200 day moving average of C$0.37. The company has a debt-to-equity ratio of 152.26, a current ratio of 3.34 and a quick ratio of 0.26.
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.
See Also
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
