22/10/2024 09:21

Nickel Industries Ltd (NIC) 96.5c

Read more

13/09/2024 09:25

Nickel Industries Ltd (NIC) $0.84

NIC surged over 9% on Thursday, following Putin’s comments on nickel. Russia’s MMC Norilsk Nickel PJSC is the world’s biggest producer of refined nickel, and it’s not subject to US or UK sanctions. The West has chosen what to sanction from Russia in a somewhat bigoted fashion;

Read more

16/04/2024 09:26

Nickel Industries Ltd (NIC) 89.5c

We haven’t been a fan of NIC over the years, the Indonesian producer of primarily pig iron (used to make steel), but its share price is turning the corner nicely. A great example that these lesser followed metal stocks are attracting some buying. While the pig iron price didn’t quite attract the lofty prices that battery-grade nickel saw, it is now benefitting from the tighter controls on Russian supply while China looks set to see higher demand.

Read more

18/07/2023 09:24

Nickel Industries (NIC) 88c

We prefer IGO as a business to NIC although their relative valuations are starting to stretch with IGO +14.4% in 2023 while NIC is down -9.3% i.e. the trend of the last 12 months has been “the strong keep getting stronger and the weak weaker”.

Read more

20/01/2023 09:24

3 Nickel Industries (NIC) $1.045

Yesterday saw Nickel business NIC recommence action on the ASX following a trading halt after a capital raise at $1.02 with funds largely used to acquire two producing nickel assets.

Read more

15/12/2022 09:33

Nickel Industries Ltd (NIC) $1.03

NIC has fallen -28% year-to-date even while the commodity on which its business focuses has risen, albeit in an extremely volatile fashion. However, the stock has bounced almost 50% from its October low significantly reducing the risk/reward appeal in the process. Nickel is a very widely used industrial metal that should benefit from the transition to renewables as it’s used in rechargeable lithium-ion batteries.

Read more

14/10/2022 08:46

Nickel Industries Ltd (NIC) 74c

NIC has endured a very tough decline since  Russia’s invasion of the Ukraine back in March, the stocks fallen almost 60% during this time and while on the surface it looks good value trading on an Est P/E for 12/22 of 7.1x and being expected to yield in excess of 5% over the next 12-months its just in the too hard basket for us until further notice.

Read more

29/09/2022 09:17

Nickel Industries Ltd (NIC) 77c

In similar fashion to SFR & S32 Nickel Industries (NIC) rallied +32% from its July low but its subsequent 35% tumble is of concern.

Read more

13/09/2022 09:04

Nickel Industries (NIC) 95.5c

NIC was the ASX200’s top performer yesterday rallying +6.7% following the companies update on its Hengjaya Mine’s mineral resource, the stocks endured a tough year falling over 50% but this was solid news for this nickel business:

Read more

10/08/2022 09:07

Nickel Industries Ltd (NIC) $1.145

NIC rallied over +6% yesterday making it the markets 5th best performer but like LKE it’s been a rocky road for NIC correcting 50% from its March high after Russia’s invasion of Ukraine sent nickel prices soaring. There’s a lot going on with this company but its unchanged in almost 2-years while many other players in the space have rallied strongly, our view is to simply stay with the strength.

Read more