ASX:NICMetals and Mining
Nickel Industries (ASX:NIC) Shares Look Cheap As HPAL Progress Meets Funding Risk
Nickel Industries came into this result with a stock that had climbed about 13% over the past month, yet still trades at A$0.875 and a low 1.6x Price to Sales multiple. The market has treated it as a nickel producer with promise but patchy profitability. Today’s H1 2026 numbers put one issue front and center. Earnings before interest, tax, depreciation and amortisation jumped to US$247.6m and group net profit reached US$74m, which sharply contrasts with recent losses on a trailing twelve...