Professional
Added to YB: 2026-09-11
Pitch date: 2026-09-09
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
N/A
Price Target
1.50
Dividend
N/A
EV/EBITDA
-16.74
P/E
-15.19
EV/Sales
40.90
Sector
Metals and Mining
Category
turnaround
Nicola Mining – Reopens Treasure Mountain Mine; Operations to Start in 2027
NIM.V (hold): The analyst maintains a BUY rating and $1.50/share target after an independent inspection found Nicola Mining’s 100%-owned Treasure Mountain silver-lead-zinc mine in better condition than expected after 13 years of inactivity, with accessible portals and no observed conditions preventing further evaluation. Nicola targets a phased 2027 restart, with the rehabilitation assessment expected to guide timelines; sampling a historical muck pile could identify low-cost early mill feed and potentially bring production forward.
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