How to buy Nickel Mines (NIC) shares

Learn how to easily invest in Nickel Mines shares.

Nickel Mines Limited
- A$0.02 ( - 1.46%)

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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 in Australian Dollars. Nickel Mines has a trailing 12-month revenue of around $523.5 million. If you're looking to buy shares, check out the steps below.

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, 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.

Nickel Mines stock price (ASX:NIC)

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

Nickel Mines shares at a glance

Information last updated 2021-08-27.
52-week range$0.6352 - $1.535
50-day moving average $1.0729
200-day moving average $1.1605
Target price$0.65
PE ratio 12.8205
Dividend yield $0.023 (2.24%)
Earnings per share (TTM) $0.078

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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.
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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.

Nickel Mines price performance over time

Historical closes compared with the last close of A$1.07

1 month (2021-07-30) -2.73%
3 months (2021-05-31) 3.88%
6 months (2021-03-03) -26.46%

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 13x. In other words, Nickel Mines shares trade at around 13x 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 $194.5 million (£0.0 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 $523.5 million
Operating margin TTM 30.12%
Gross profit TTM $201.9 million
Return on assets TTM 9.24%
Return on equity TTM 17%
Profit margin 21.13%
Book value 0.374
Market capitalisation $2.5 billion

TTM: trailing 12 months

Nickel Mines share dividends


Dividend payout ratio: 12.77% of net profits

Recently Nickel Mines has paid out, on average, around 12.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.82% 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 2.82% return on their shares, in the form of dividend payments. In Nickel Mines 's case, that would currently equate to about A$0.023 per share.

While Nickel Mines 's payout ratio might seem low, this can signify that Nickel Mines is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 2 February 2021 (the "ex-dividend date").

Nickel Mines share price volatility

Over the last 12 months, Nickel Mines 's shares have ranged in value from as little as $0.6352 up to $1.535. A popular way to gauge a stock's volatility is its "beta".

NIC.AU volatility(beta: 0.97)Avg. volatility(beta: 1.00)LowHigh

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 0.966. This would suggest that Nickel Mines 's shares are less volatile than average (for this exchange).

Nickel Mines overview

Nickel Mines Limited produces and sells 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 5,983 hectares located in the Morowali Regency of Central Sulawesi, Indonesia. It also holds 80% interest in Ranger Nickel project. The company was incorporated in 2007 and is based in Sydney, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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