Nicola Mining Stock Analysis

Nicola Stock Analysis Notes

About 22.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.03. Nicola Mining had not issued any dividends in recent years. The entity had 1:2 split on the 17th of November 2023. Nicola Mining Inc., a junior exploration and custom milling company, engages in the identification, acquisition, and exploration of mineral property interests in Canada. Nicola Mining Inc. was incorporated in 1980 and is headquartered in Lower Nicola, Canada. NICOLA MINING is traded on TSX Venture Exchange in Canada. To find out more about Nicola Mining contact Peter MBA at 250 280 1530 or learn more at https://nicolamining.com.

Nicola Mining Investment Alerts

Nicola Mining Thematic Classifications

Nicola Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nicola Mining's market, we take the total number of its shares issued and multiply it by Nicola Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Nicola Profitablity

Management Efficiency

Nicola Mining has return on total asset (ROA) of (0.1829) % which means that it has lost $0.1829 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.9291) %, meaning that it generated substantial loss on money invested by shareholders. Nicola Mining's management efficiency ratios could be used to measure how well Nicola Mining manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Nicola Mining's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0.02 in 2024, whereas Return On Capital Employed is likely to drop (0.26) in 2024. At this time, Nicola Mining's Asset Turnover is fairly stable compared to the past year.

Technical Drivers

As of the 22nd of November, Nicola Mining secures the Standard Deviation of 4.32, mean deviation of 2.62, and Risk Adjusted Performance of (0.02). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nicola Mining, as well as the relationship between them. Please verify Nicola Mining mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Nicola Mining is priced some-what accurately, providing market reflects its recent price of 0.28 per share.

Nicola Mining Price Movement Analysis

Nicola Mining Outstanding Bonds

Nicola Mining Predictive Daily Indicators

Nicola Mining Forecast Models

Nicola Mining's time-series forecasting models are one of many Nicola Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nicola Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nicola Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nicola shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nicola Mining. By using and applying Nicola Stock analysis, traders can create a robust methodology for identifying Nicola entry and exit points for their positions.

When running Nicola Mining's price analysis, check to measure Nicola Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nicola Mining is operating at the current time. Most of Nicola Mining's value examination focuses on studying past and present price action to predict the probability of Nicola Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nicola Mining's price. Additionally, you may evaluate how the addition of Nicola Mining to your portfolios can decrease your overall portfolio volatility.