Risk factor
Considerable default risk
Profitability factor
Very poor margins and returns
About
Nickel Industries Limited engages in nickel ore mining and nickel pig iron production operations in Singapore and Indonesia. The company holds an 80% interest in the Hengjaya Mine that covers an area of 5,983 hectares located in the Morowali Regency of Central Sulawesi; 80% interest in the Ranger Nickel project; and 70% interest in the...
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITDA
Target Price
The average target price of NIC.AX is 0.98 and suggests 1% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell