Professional
Added to YB: 2026-09-03
Pitch date: 2026-08-31
NIM.V [bullish]
Nicola Mining Inc.
Author Info
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Company Info
Nicola Mining Inc. operates as a junior exploration company that engages in identification, acquisition, and exploration of mineral properties in Canada.
Market Cap
CAD 176.7M
Pitch Price
CAD 0.77
Price Target
1.50 (+95%)
Dividend
N/A
EV/EBITDA
-16.74
P/E
-15.19
EV/Sales
40.90
Sector
Metals and Mining
Category
growth
Nicola Mining – Received Positive Initial Assay Results from Red Eye Project
NIM.V (hold): The analyst maintains a BUY rating and unchanged $1.50 target after initial Red Eye stockpile assays supported advancing laboratory recovery simulations. Samples returned weighted averages of 2.83 g/t gold and 753.41 g/t silver, but the 47.8 kg surface sampling is not representative of the full ~1,500 tonnes and included one notable outlier. Further testing and a positive processing decision remain necessary.
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