How to buy Nickel Mines shares | A$0.99

Nickel Mines Limited is an other industrial metals & mining business based in Australia. Nickel Mines shares (NIC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.99 – an increase of 11.24% over the previous week. Nickel Mines has a trailing 12-month revenue of around $472.1 million.

How to buy shares in Nickel Mines

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Nickel Mines . Find the share by name or ticker symbol: NIC. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nickel Mines reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.99, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Nickel Mines . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Nickel Mines 's share price?

Since the stock market crash in March caused by coronavirus, Nickel Mines 's share price has had significant positive movement.

Its last market close was $0.99, which is 38.38% up on its pre-crash value of $0.61 and 230.00% up on the lowest point reached during the March crash when the shares fell as low as $0.3.

If you had bought $1,000 worth of Nickel Mines shares at the start of February 2020, those shares would have been worth $683.76 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,692.31.

Nickel Mines share price

Use our graph to track the performance of NIC stocks over time.

Nickel Mines shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.99
52-week range	AUDA$0.3 - AUDA$1.015
50-day moving average	AUDA$0.7224
200-day moving average	AUDA$0.6066
Target price	AUDA$0.65
PE ratio	10.8231
Dividend yield	AUDA$0.02 (2.17%)
Earnings per share (TTM)	AUDA$0.069

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Nickel Mines stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Nickel Mines Limited by TradingView

Nickel Mines price performance over time

Historical closes compared with the close of A$0.99 on 2020-10-22

1 week (2020-10-22)	0%
1 month (2020-09-29)	41.43%
3 months (2020-07-29)	67.80%
6 months (2020-04-29)	86.79%

1 year (2019-10-29)	52.31%
2 years (2018-10-29)	266.67%
3 years (2017-10-25)	N/A
5 years (2015-10-25)	N/A

Is Nickel Mines under- or over-valued?

Valuing Nickel Mines stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nickel Mines 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Nickel Mines 's P/E ratio

Nickel Mines 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Nickel Mines shares trade at around 11x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Nickel Mines 's EBITDA

Nickel Mines 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $191.9 million.

The EBITDA is a measure of a Nickel Mines 's overall financial performance and is widely used to measure a its profitability.

Nickel Mines financials

Revenue TTM	$472.1 million
Operating margin TTM	33.69%
Gross profit TTM	$199.7 million
Return on assets TTM	2.25%
Return on equity TTM	27.11%
Profit margin	23.94%
Book value	0.281
Market capitalisation	$2.1 billion

TTM: trailing 12 months

Nickel Mines share dividends

We're not expecting Nickel Mines to pay a dividend over the next 12 months.

Nickel Mines share price volatility

Over the last 12 months, Nickel Mines 's shares have ranged in value from as little as $0.3 up to $1.015. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Nickel Mines 's is 1.3278. This would suggest that Nickel Mines 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Nickel Mines overview

Nickel Mines Limited produces nickel pig iron used in the production of stainless steel. It holds an 80% interest in the Hengjaya Mineralindo Nickel Mine that covers an area of 6,249 hectares located in the Morowali Regency of Central Sulawesi, Indonesia. It also holds 60% interest in Ranger Nickel. The company was incorporated in 2007 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Nickel Mines is owned by insiders or institutions?

  Currently 48.305% of Nickel Mines shares are held by insiders and 19.07% by institutions.

• When does the fiscal year end for Nickel Mines ?

  Nickel Mines 's fiscal year ends in December.

• Where is Nickel Mines based?

  Nickel Mines 's address is: 66 Hunter Street, Sydney, NSW, Australia, 2000