(NIM) Nicola Mining - Ratings and Ratios

Nicola Mining Inc. (V:NIM) is a Canadian junior exploration and custom milling company focused on identifying, acquiring, and exploring mineral properties. The company primarily targets gold, silver, lead, zinc, and copper deposits. Its portfolio includes the Treasure Mountain project, which spans 31 contiguous mineral claims and 1 mineral lease covering 2,200 hectares and 335 hectares, respectively, located northeast of Hope, British Columbia. Additionally, the New Craigmont project comprises 22 contiguous mineral claims and 10 mineral leases, covering 10,913 hectares and 347 hectares, respectively, near Merritt, British Columbia. The company also holds interests in the Merritt Mill property, a sand and gravel operation northwest of Merritt. Formerly known as Huldra Silver Inc., Nicola Mining Inc. rebranded in June 2015. Incorporated in 1980, the company is headquartered in Lower Nicola, Canada.

From a technical standpoint, Nicola Mining Inc. (V:NIM) is currently trading at $0.35, with a 20-day average volume of 37,850 shares. Its short-term trend indicators show an SMA 20 of $0.32 and an SMA 50 of $0.31, while the SMA 200 stands at $0.32. The ATR is $0.01, indicating low volatility. On the fundamental side, the company has a market cap of $60.07M CAD, with a price-to-book ratio of 18.84. The forward P/E is 0.00, reflecting limited visibility into future earnings. The return on equity is currently non-disclosable.

3-Month Forecast: - Price Range: Based on the SMA 200 of $0.32 and the current price of $0.35, Nicola Mining Inc. (V:NIM) is expected to trade within a narrow range of $0.31 to $0.36 over the next three months. The low ATR of $0.01 suggests minimal price fluctuations. - Volume Outlook: With an average 20-day volume of 37,850 shares, trading activity is expected to remain subdued. No significant volume spikes are anticipated unless driven by external catalysts. - Fundamental Outlook: The forward P/E of 0.00 indicates that the market is not pricing in significant earnings growth. However, the P/B ratio of 18.84 suggests that investors are valuing the companys assets at a premium. If the company announces positive exploration results or milling operations expansion, it could lead to a revaluation of shares.