Nicola Mining Inc. (CVE:NIM – Get Free Report) shot up 1.7% on Thursday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 20,050 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 58,717 shares. The stock had previously closed at C$0.30.
Nicola Mining Stock Performance
The company has a current ratio of 3.61, a quick ratio of 0.26 and a debt-to-equity ratio of 99.43. The stock has a market capitalization of C$50.84 million, a P/E ratio of -10.17 and a beta of 1.14. The business has a 50-day moving average price of C$0.33 and a two-hundred day moving average price of C$0.32.
About Nicola Mining
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.
Further Reading
- Five stocks we like better than Nicola Mining
- What is the Shanghai Stock Exchange Composite Index?
- Battle of the Retailers: Who Comes Out on Top?
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- HCA Healthcare: Temporary Setbacks, Long-Term Strength
- P/E Ratio Calculation: How to Assess Stocks
- MarketBeat Week in Review – 10/28 – 11/1
Receive News & Ratings for Nicola Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nicola Mining and related companies with MarketBeat.com's FREE daily email newsletter.
