TSX-V

Nickel 28 Capital Corp.

NKL.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$1.05
Today's Change
-0.00%
Market Cap
$89.46M
Volume
14.70K
⛏️

Commodity Exposure

Diversified Mining

💡

Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Nickel 28 Capital Corp. is a base metals company focused on exploring nickel, cobalt, and other mineral deposits across various regions, including Papua New Guinea and Canada. While the company has a manageable debt-to-equity ratio of 0.46 and a current ratio of 1.18, indicating reasonable liquidity, its low return on equity (0.1%) and return on assets (0.0%) raise concerns about profitability and operational efficiency. Additionally, the stagnant stock price suggests potential market hesitance despite its exploration potential. Overall, while there are strengths in liquidity, profitability remains a significant concern.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$1.29
52 Week Low$0.67
Avg Volume34.42K
Beta0.33
Shares Outstanding85.20M

🔥 Valuation

Market Cap$89.46M
Enterprise Value$112.97M
P/E Ratio34.31
EV/EBITDA ⚠️106.11x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-3.2M over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $37.5M is 4.7x the company's cash position of $8.0M.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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