NickelX Limited, a mining exploration company, focuses on exploring nickel and gold deposits in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.14|
|52 Week High||AU$0.14|
|52 Week Low||AU$0.27|
|1 Month Change||-34.15%|
|3 Month Change||-28.95%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-28.95%|
Recent News & Updates
|NKL||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how NKL performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how NKL performed against the Australian Market.
Stable Share Price: NKL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: Insufficient data to determine NKL's volatility change over the past year.
About the Company
NickelX Limited, a mining exploration company, focuses on exploring nickel and gold deposits in Western Australia. The company was incorporated in 2019 and is based in Perth, Australia.
NickelX Fundamentals Summary
|NKL fundamental statistics|
Is NKL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NKL income statement (TTM)|
|Cost of Revenue||AU$59.70k|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.0028|
|Net Profit Margin||0.00%|
How did NKL perform over the long term?See historical performance and comparison
Is NickelX undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NKL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NKL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NKL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: NKL is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NKL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NKL is overvalued based on its PB Ratio (22.3x) compared to the AU Metals and Mining industry average (2.6x).
How is NickelX forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NickelX has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has NickelX performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: NKL is currently unprofitable.
Growing Profit Margin: NKL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NKL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare NKL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NKL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: NKL has a negative Return on Equity (-46.33%), as it is currently unprofitable.
How is NickelX's financial position?
Financial Position Analysis
Short Term Liabilities: NKL's short term assets (A$474.2K) exceed its short term liabilities (A$58.0K).
Long Term Liabilities: NKL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NKL is debt free.
Reducing Debt: NKL has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if NKL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NKL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is NickelX current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NKL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NKL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NKL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NKL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NKL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Matt Gauci (48 yo)
Mr. Matthew George Gauci, also known as Matt, B.Sc, MBA (Gaud), is the Managing Director and Chief Executive Officer at NickelX Limited since January 1, 2021 and serves as its Executive Director since Febr...
Experienced Board: NKL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: NKL only recently listed within the past 12 months.
NickelX Limited's employee growth, exchange listings and data sources
- Name: NickelX Limited
- Ticker: NKL
- Exchange: ASX
- Founded: 2019
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$9.261m
- Shares outstanding: 68.60m
- Website: https://nickelxlimited.com
- NickelX Limited
- The Read Buildings
- Level 3
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:59|
|End of Day Share Price||2021/10/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.