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Nickel Industries - NICMF Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $1.10
  • Forecasted Upside: 89.04%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$0.58 As of 03/24/2023 06:36 PM ET
▼ -0.0014 (-0.24%)

This chart shows the closing price for NICMF by one month, three months, or twelve months.

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Analyst Price Target for NICMF

Analyst Price Target is $1.10
▲ +89.04% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Nickel Industries in the last 3 months. The average price target is $1.10, with a high forecast of $1.10 and a low forecast of $1.10. The average price target represents a 89.04% upside from the last price of $0.58.

This chart shows the closing price for NICMF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 polled investment analysts is to hold stock in Nickel Industries. This rating has held steady since February 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/31/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/1/2023Jefferies Financial GroupUpgradeUnderperform ➝ Hold
9/29/2022Jefferies Financial GroupUpgradeHold ➝ Buy
8/8/2022Canaccord Genuity GroupDowngradeBuy ➝ Hold1.40 ➝ 1.10
4/14/2022Canaccord Genuity GroupUpgradeHold ➝ Buy
3/9/2022Canaccord Genuity GroupDowngradeBuy ➝ Hold
11/22/2021Jefferies Financial GroupUpgradeHold ➝ Buy
6/17/2021CitigroupUpgradeNeutral ➝ Buy
5/6/2021Jefferies Financial GroupInitiated CoverageUnderperform
2/26/2021CitigroupDowngradeBuy ➝ Neutral
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.24 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Nickel Industries logo
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 Angel Nickel project. It also has an option to acquire a 70% interest in the Oracle Nickel project. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. Nickel Industries Limited was incorporated in 2007 and is headquartered in Sydney, Australia.
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Today's Range

Now: $0.58
Low: $0.57
High: $0.59

50 Day Range

MA: $0.70
Low: $0.56
High: $0.84

52 Week Range

Now: $0.58
Low: $0.43
High: $1.06

Volume

1,800 shs

Average Volume

36,606 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Nickel Industries?

The following equities research analysts have issued reports on Nickel Industries in the last twelve months: Canaccord Genuity Group Inc., and Jefferies Financial Group Inc..
View the latest analyst ratings for NICMF.

What is the current price target for Nickel Industries?

1 Wall Street analysts have set twelve-month price targets for Nickel Industries in the last year. Their average twelve-month price target is $1.10, suggesting a possible upside of 89.0%. Canaccord Genuity Group Inc. has the highest price target set, predicting NICMF will reach $1.10 in the next twelve months. Canaccord Genuity Group Inc. has the lowest price target set, forecasting a price of $1.10 for Nickel Industries in the next year.
View the latest price targets for NICMF.

What is the current consensus analyst rating for Nickel Industries?

Nickel Industries currently has 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NICMF, but not buy more shares or sell existing shares.
View the latest ratings for NICMF.

What other companies compete with Nickel Industries?

Other companies that are similar to Nickel Industries include Aclara Resources, Adventus Mining, Aftermath Silver, Alpha Copper and AMG Advanced Metallurgical Group. Learn More about companies similar to Nickel Industries.