Professional
Added to YB: 2026-09-24
Pitch date: 2026-09-18
NIM.V [bullish]
Nicola Mining Inc.
-6.94%
current return
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 158.4M
Pitch Price
CAD 0.72
Price Target
1.60 (+135%)
Dividend
N/A
EV/EBITDA
-14.88
P/E
-13.61
EV/Sales
36.37
Sector
Metals and Mining
Category
growth
Nicola Mining – Drilling Underway at MB Zone, Treasure Mountain
NIM.V (hold): Nicola Mining’s first-ever MB Zone drill program is testing whether high-grade surface veins continue at depth; visual logging of the first hole identified intense sulphide mineralization, with assays due by year-end. The valuation estimate for Treasure Mountain rises from $9.8M to $25M and the price target from $1.50 to $1.60, implying 129% upside, while the estimate remains conservative pending firmer restart-timing, production-rate and grade guidance.
Read full article (3 min)