View Future GrowthNICO Resources 과거 순이익 실적과거 기준 점검 0/6NICO Resources의 수입은 연평균 -4.6%의 비율로 감소해 온 반면, Metals and Mining 산업의 수입은 연간 15.2% 증가했습니다.핵심 정보-4.62%순이익 성장률3.13%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률n/a자기자본이익률-6.75%순이익률n/a최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Stewart Findlay was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • May 12Non-Executive Director recently bought AU$66k worth of stockOn the 5th of May, Roderick Corps bought around 280k shares on-market at roughly AU$0.24 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$451k more in shares than they have sold in the last 12 months.Board Change • May 01No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Stewart Findlay was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jan 20NICO Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.730754 million.NICO Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.730754 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,435,846 Price\Range: AUD 0.3 Discount Per Security: AUD 0.018 Transaction Features: Subsequent Direct ListingBoard Change • Dec 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Stewart Findlay was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Sep 25NICO Resources Limited, Annual General Meeting, Nov 28, 2025NICO Resources Limited, Annual General Meeting, Nov 28, 2025.New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 42% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$13.0m market cap, or US$8.32m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).Board Change • Aug 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Stewart Findlay was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jun 10NICO Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1 million.NICO Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 13,750,000 Price\Range: AUD 0.08 Discount Per Security: AUD 0.004 Transaction Features: Subsequent Direct Listing공시 • Jun 03NICO Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.1 million.NICO Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 13,750,000 Price\Range: AUD 0.08 Discount Per Security: AUD 0.004 Transaction Features: Subsequent Direct ListingNew Risk • Oct 21New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$88k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.6m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.51m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (AU$88k sold).공시 • Sep 27NICO Resources Limited, Annual General Meeting, Nov 29, 2024NICO Resources Limited, Annual General Meeting, Nov 29, 2024.New Risk • Sep 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.8m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$12.6m market cap, or US$8.40m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding).New Risk • Jun 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.47m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.8m free cash flow). Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.47m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding).New Risk • Apr 02New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.8m free cash flow). Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$15.3m market cap, or US$9.94m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding).New Risk • Mar 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$6.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.8m free cash flow). Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m (AU$233k revenue, or US$153k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (AU$19.7m market cap, or US$12.9m).Recent Insider Transactions • Feb 23Non-Executive Chairman recently bought AU$300k worth of stockOn the 21st of February, Peter Cook bought around 2m shares on-market at roughly AU$0.15 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of AU$1.6m worth in shares.Board Change • Jan 08No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Brett Smith is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.New Risk • Nov 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$33.5m market cap, or US$21.2m).New Risk • Sep 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (AU$519k revenue, or US$333k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$36.9m market cap, or US$23.7m).공시 • Sep 28NICO Resources Limited, Annual General Meeting, Nov 22, 2023NICO Resources Limited, Annual General Meeting, Nov 22, 2023. Agenda: To consider election of directors.Recent Insider Transactions • Aug 29Non-Executive Director recently bought AU$159k worth of stockOn the 28th of August, Roderick Corps bought around 285k shares on-market at roughly AU$0.56 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$199k. Insiders have collectively bought AU$2.0m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Aug 11Non-Executive Director recently bought AU$52k worth of stockOn the 9th of August, Roderick Corps bought around 135k shares on-market at roughly AU$0.39 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$1.3m more in shares than they have sold in the last 12 months.공시 • Jun 28NICO Resources Limited Appoints Stewart Findlay as Non-Executive DirectorNico Resources Limited announced the appointment of Mr. Stewart Findlay as Non-Executive Director to the Board of Directors with immediate effect. Mr. Findlay has over 25 years of in-depth banking and financial markets experience in arranging project finance, senior secured debt and corporate finance facilities, equity investments, commodity hedging arrangements and providing corporate advice to a large number of resource companies, having previously held senior positions in the metals & mining divisions of Macquarie Bank and National Australia Bank. Mr. Findlay is currently a non-executive director of ASX-listed West African Resources, and an executive director of unlisted Polyline Pipe Systems Ltd. Mr. Findlay holds a Bachelor of Commerce (Accounting & Finance) from the University of New South Wales and is a member of the Australian Institute of Company Directors.Recent Insider Transactions • Jun 09MD, CEO & Director recently bought AU$51k worth of stockOn the 6th of June, Jonathan Shellabear bought around 100k shares on-market at roughly AU$0.51 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$902k. Jonathan has been a buyer over the last 12 months, purchasing a net total of AU$146k worth in shares.Recent Insider Transactions • May 04Non-Executive Chairman recently bought AU$142k worth of stockOn the 2nd of May, Peter Cook bought around 300k shares on-market at roughly AU$0.47 per share. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$902k. Peter has been a buyer over the last 12 months, purchasing a net total of AU$1.1m worth in shares.Recent Insider Transactions • Apr 05Non-Executive Chairman recently bought AU$902k worth of stockOn the 3rd of April, Peter Cook bought around 2m shares on-market at roughly AU$0.50 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of AU$973k worth in shares.공시 • Jan 20Nico Resources Limited Receives All the Assay Results from the Infill Reverse Circulation Drilling Program Completed in October 2022 At its 100% Owned Wingellina Nickel-Cobalt ProjectNico Resources Limited announced that it has received all the assay results from the infill reverse circulation (RC) drilling program completed in October 2022 at its 100% owned Wingellina Nickel-Cobalt Project ("Wingellina" or the "Project") in Western Australia. The program comprised 152 Reverse Circulation ("RC") holes for 7,856m of drilling and was a continuation of work initiated in 2017 to infill 15 high-grade nickel-cobalt domains delineated from the resource model as potential high-grade starter pits. The results confirm the continuity within the identified high-grade nickel and cobalt domains and provides key inputs into future production scheduling. In particular, it is anticipated that sufficient higher-grade tonnage will be available for the initial 10 years further improving the project economics. Assay Highlights: WPRC0758: 74m @ 1.26% Ni and 0.09% Co (1.46% Nieq) from surface; WPRC0759: 86m @ 1.25% Ni and 0.10% Co (1.47% Nieq) from surface; WPRC0760: 90m @ 1.50% Ni and 0.12% Co (1.77% Nieq) from surface; WPRC0761: 70m @ 1.45% Ni and 0.12% Co (1.71% Nieq) from 2m; WPRC0766: 26m @ 1.81% Ni and 0.16% Co (2.16% Nieq) from 2m incl. 8m @ 3.73% Ni from 18m; WPRC0798: 72m @ 1.30% Ni and 0.11% Co (1.54% Nieq) from surface; WPRC0799: 64m @ 1.39% Ni and 0.07% Co (1.55% Nieq) from 2m WPRC0801: 12m @ 1.93% Ni and 0.04% Co (2.02% Nieq) from 26m incl. 4m @ 3.58% Ni from 32m; WPRC0813: 92m @ 1.18% Ni and 0.10% Co (1.39% Nieq) from surface; WPRC0822: 56m @ 1.47% Ni and 0.11% Co (1.70% Nieq) from 4m; WPRC0880: 50m @ 1.68% Ni and 0.08% Co (1.85% Nieq) from surface incl. 10m @ 2.29% Ni from 30m. The results will now be incorporated in the updating of the resource and reserves estimates to be completed in he first half of 2023. This work will underpin the optimisation of the mining schedule to be incorporated in the upcoming DFS.매출 및 비용 세부 내역NICO Resources가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CHIA:NC1 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 250-12030 Sep 250-11030 Jun 250-11031 Mar 250-12031 Dec 240-12030 Sep 240-23030 Jun 240-43031 Mar 240-44031 Dec 230-54030 Sep 230-43030 Jun 230-43031 Mar 230-32031 Dec 220-22030 Sep 220-11030 Jun 22001030 Jun 21010030 Jun 20010030 Jun 190300양질의 수익: NC1 은(는) 현재 수익성이 없습니다.이익 마진 증가: NC1는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: NC1은 수익성이 없으며 지난 5년 동안 손실이 연평균 4.6% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 NC1의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: NC1은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: NC1는 현재 수익성이 없으므로 자본 수익률이 음수(-6.75%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 10:47종가2026/05/22 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스NICO Resources Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Board Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Stewart Findlay was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • May 12Non-Executive Director recently bought AU$66k worth of stockOn the 5th of May, Roderick Corps bought around 280k shares on-market at roughly AU$0.24 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$451k more in shares than they have sold in the last 12 months.
Board Change • May 01No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Stewart Findlay was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jan 20NICO Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.730754 million.NICO Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.730754 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,435,846 Price\Range: AUD 0.3 Discount Per Security: AUD 0.018 Transaction Features: Subsequent Direct Listing
Board Change • Dec 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Stewart Findlay was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Sep 25NICO Resources Limited, Annual General Meeting, Nov 28, 2025NICO Resources Limited, Annual General Meeting, Nov 28, 2025.
New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 42% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$13.0m market cap, or US$8.32m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
Board Change • Aug 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Stewart Findlay was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jun 10NICO Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1 million.NICO Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 13,750,000 Price\Range: AUD 0.08 Discount Per Security: AUD 0.004 Transaction Features: Subsequent Direct Listing
공시 • Jun 03NICO Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.1 million.NICO Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 13,750,000 Price\Range: AUD 0.08 Discount Per Security: AUD 0.004 Transaction Features: Subsequent Direct Listing
New Risk • Oct 21New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$88k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.6m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.51m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (AU$88k sold).
공시 • Sep 27NICO Resources Limited, Annual General Meeting, Nov 29, 2024NICO Resources Limited, Annual General Meeting, Nov 29, 2024.
New Risk • Sep 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.8m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$12.6m market cap, or US$8.40m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding).
New Risk • Jun 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.47m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.8m free cash flow). Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.47m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding).
New Risk • Apr 02New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.8m free cash flow). Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$15.3m market cap, or US$9.94m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding).
New Risk • Mar 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$6.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.8m free cash flow). Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m (AU$233k revenue, or US$153k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (AU$19.7m market cap, or US$12.9m).
Recent Insider Transactions • Feb 23Non-Executive Chairman recently bought AU$300k worth of stockOn the 21st of February, Peter Cook bought around 2m shares on-market at roughly AU$0.15 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of AU$1.6m worth in shares.
Board Change • Jan 08No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Brett Smith is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
New Risk • Nov 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$33.5m market cap, or US$21.2m).
New Risk • Sep 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (AU$519k revenue, or US$333k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$36.9m market cap, or US$23.7m).
공시 • Sep 28NICO Resources Limited, Annual General Meeting, Nov 22, 2023NICO Resources Limited, Annual General Meeting, Nov 22, 2023. Agenda: To consider election of directors.
Recent Insider Transactions • Aug 29Non-Executive Director recently bought AU$159k worth of stockOn the 28th of August, Roderick Corps bought around 285k shares on-market at roughly AU$0.56 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$199k. Insiders have collectively bought AU$2.0m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Aug 11Non-Executive Director recently bought AU$52k worth of stockOn the 9th of August, Roderick Corps bought around 135k shares on-market at roughly AU$0.39 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$1.3m more in shares than they have sold in the last 12 months.
공시 • Jun 28NICO Resources Limited Appoints Stewart Findlay as Non-Executive DirectorNico Resources Limited announced the appointment of Mr. Stewart Findlay as Non-Executive Director to the Board of Directors with immediate effect. Mr. Findlay has over 25 years of in-depth banking and financial markets experience in arranging project finance, senior secured debt and corporate finance facilities, equity investments, commodity hedging arrangements and providing corporate advice to a large number of resource companies, having previously held senior positions in the metals & mining divisions of Macquarie Bank and National Australia Bank. Mr. Findlay is currently a non-executive director of ASX-listed West African Resources, and an executive director of unlisted Polyline Pipe Systems Ltd. Mr. Findlay holds a Bachelor of Commerce (Accounting & Finance) from the University of New South Wales and is a member of the Australian Institute of Company Directors.
Recent Insider Transactions • Jun 09MD, CEO & Director recently bought AU$51k worth of stockOn the 6th of June, Jonathan Shellabear bought around 100k shares on-market at roughly AU$0.51 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$902k. Jonathan has been a buyer over the last 12 months, purchasing a net total of AU$146k worth in shares.
Recent Insider Transactions • May 04Non-Executive Chairman recently bought AU$142k worth of stockOn the 2nd of May, Peter Cook bought around 300k shares on-market at roughly AU$0.47 per share. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$902k. Peter has been a buyer over the last 12 months, purchasing a net total of AU$1.1m worth in shares.
Recent Insider Transactions • Apr 05Non-Executive Chairman recently bought AU$902k worth of stockOn the 3rd of April, Peter Cook bought around 2m shares on-market at roughly AU$0.50 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of AU$973k worth in shares.
공시 • Jan 20Nico Resources Limited Receives All the Assay Results from the Infill Reverse Circulation Drilling Program Completed in October 2022 At its 100% Owned Wingellina Nickel-Cobalt ProjectNico Resources Limited announced that it has received all the assay results from the infill reverse circulation (RC) drilling program completed in October 2022 at its 100% owned Wingellina Nickel-Cobalt Project ("Wingellina" or the "Project") in Western Australia. The program comprised 152 Reverse Circulation ("RC") holes for 7,856m of drilling and was a continuation of work initiated in 2017 to infill 15 high-grade nickel-cobalt domains delineated from the resource model as potential high-grade starter pits. The results confirm the continuity within the identified high-grade nickel and cobalt domains and provides key inputs into future production scheduling. In particular, it is anticipated that sufficient higher-grade tonnage will be available for the initial 10 years further improving the project economics. Assay Highlights: WPRC0758: 74m @ 1.26% Ni and 0.09% Co (1.46% Nieq) from surface; WPRC0759: 86m @ 1.25% Ni and 0.10% Co (1.47% Nieq) from surface; WPRC0760: 90m @ 1.50% Ni and 0.12% Co (1.77% Nieq) from surface; WPRC0761: 70m @ 1.45% Ni and 0.12% Co (1.71% Nieq) from 2m; WPRC0766: 26m @ 1.81% Ni and 0.16% Co (2.16% Nieq) from 2m incl. 8m @ 3.73% Ni from 18m; WPRC0798: 72m @ 1.30% Ni and 0.11% Co (1.54% Nieq) from surface; WPRC0799: 64m @ 1.39% Ni and 0.07% Co (1.55% Nieq) from 2m WPRC0801: 12m @ 1.93% Ni and 0.04% Co (2.02% Nieq) from 26m incl. 4m @ 3.58% Ni from 32m; WPRC0813: 92m @ 1.18% Ni and 0.10% Co (1.39% Nieq) from surface; WPRC0822: 56m @ 1.47% Ni and 0.11% Co (1.70% Nieq) from 4m; WPRC0880: 50m @ 1.68% Ni and 0.08% Co (1.85% Nieq) from surface incl. 10m @ 2.29% Ni from 30m. The results will now be incorporated in the updating of the resource and reserves estimates to be completed in he first half of 2023. This work will underpin the optimisation of the mining schedule to be incorporated in the upcoming DFS.