Nicola Mining Inc. (CVE:NIM – Get Free Report) shares rose 1.2% during trading on Friday . The stock traded as high as C$0.96 and last traded at C$0.85. Approximately 128,013 shares changed hands during trading, an increase of 29% from the average daily volume of 99,406 shares. The stock had previously closed at C$0.84.
Nicola Mining Stock Performance
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 stock has a market cap of C$176.05 million, a PE ratio of -85.00 and a beta of 0.04. The firm has a fifty day moving average price of C$1.00 and a 200 day moving average price of C$0.71.
Nicola Mining Company Profile
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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