Nickel Mines 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 in Australian dollars. Nickel Mines has a trailing 12-month revenue of around $1.6 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.71 - $1.1174 |
|---|---|
| 50-day moving average | $0.7724 |
| 200-day moving average | $0.855 |
| Target price | $1.08 |
| PE ratio | 14.54 |
| Dividend yield | $0.027 (5.56%) |
| Earnings per share (TTM) | $0.05 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
Historical closes compared with the last close of A$0.715
| 1 week (2023-11-21) | -11.18% |
|---|---|
| 1 month (2023-10-27) | -8.33% |
| 3 months (2023-08-29) | -7.74% |
| 6 months (2023-05-29) | -17.82% |
| 1 year (2022-11-29) | -25.13% |
|---|---|
| 2 years (2021-11-29) | -48.56% |
| 3 years (2020-11-27) | -33.80% |
| 5 years (2018-11-29) | 169.81% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Nickel Mines shares trade at around 15x 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 (earnings before interest, taxes, depreciation and amortisation) is $325.8 million (£170 million).
The EBITDA is a measure of a Nickel Mines 's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $1.6 billion |
|---|---|
| Operating margin TTM | 11.72% |
| Gross profit TTM | $360.4 million |
| Return on assets TTM | 5.6% |
| Return on equity TTM | 7.49% |
| Profit margin | 5.74% |
| Book value | 0.492 |
| Market capitalisation | $3.1 billion |
TTM: trailing 12 months
Dividend payout ratio: 81.66% of net profits
Recently Nickel Mines has paid out, on average, around 81.66% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.56% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nickel Mines shareholders could enjoy a 5.56% return on their shares, in the form of dividend payments. In Nickel Mines 's case, that would currently equate to about A$0.027 per share.
Nickel Mines 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 3 August 2023 (the "ex-dividend date").
Over the last 12 months, Nickel Mines 's shares have ranged in value from as little as $0.71 up to $1.1174. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Nickel Mines 's is 1.065. This would suggest that Nickel Mines 's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Nickel Industries Limited engages in nickel ore mining and nickel pig iron production operations in Singapore and Indonesia. It holds an 80% interest in the Hengjaya Mine that covers an area of 5,983 hectares located in the Morowali Regency of Central Sulawesi; 80% interest in the Ranger Nickel project; 80% interest in the Angel Nickel project; and 70% interest in the Oracle Nickel project. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. Nickel Industries Limited was incorporated in 2007 and is based in Sydney, Australia.
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