Nicola Mining (CVE:NIM) Reaches New 12-Month High at $0.26

Shares of Nicola Mining Inc. (CVE:NIMGet Free Report) hit a new 52-week high on Monday . The company traded as high as C$0.26 and last traded at C$0.26, with a volume of 11814 shares changing hands. The stock had previously closed at C$0.13.

Nicola Mining Trading Up 100.0 %

The stock has a market capitalization of C$41.68 million, a price-to-earnings ratio of 8.67 and a beta of 1.24. The company has a debt-to-equity ratio of 85.18, a current ratio of 9.47 and a quick ratio of 0.26. The business’s 50-day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.16.

Nicola Mining Company Profile

(Get Free Report)

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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