Nicola Mining Inc.

TSXV:NIM Stock Report

Market Cap: CA$176.2m

Nicola Mining Management

Management criteria checks 2/4

Nicola Mining's CEO is Peter Espig, appointed in Jul 2013, has a tenure of 12.33 years. total yearly compensation is CA$260.00K, comprised of 80.8% salary and 19.2% bonuses, including company stock and options. directly owns 2.92% of the company’s shares, worth CA$5.14M. The average tenure of the management team and the board of directors is 1.8 years and 9.5 years respectively.

Key information

Peter Espig

Chief executive officer

CA$260.0k

Total compensation

CEO salary percentage80.77%
CEO tenure12.3yrs
CEO ownership2.9%
Management average tenure1.8yrs
Board average tenure9.5yrs

Recent management updates

Recent updates

Here's Why Nicola Mining (CVE:NIM) Can Afford Some Debt

Sep 15
Here's Why Nicola Mining (CVE:NIM) Can Afford Some Debt

Nicola Mining (CVE:NIM) Is Carrying A Fair Bit Of Debt

Jun 29
Nicola Mining (CVE:NIM) Is Carrying A Fair Bit Of Debt

Auditors Have Doubts About Nicola Mining (CVE:NIM)

Mar 08
Auditors Have Doubts About Nicola Mining (CVE:NIM)

Is Nicola Mining (CVE:NIM) A Risky Investment?

Nov 24
Is Nicola Mining (CVE:NIM) A Risky Investment?

CEO Compensation Analysis

How has Peter Espig's remuneration changed compared to Nicola Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-CA$977k

Mar 31 2025n/an/a

-CA$5m

Dec 31 2024CA$260kCA$210k

-CA$5m

Sep 30 2024n/an/a

-CA$10m

Jun 30 2024n/an/a

-CA$9m

Mar 31 2024n/an/a

-CA$5m

Dec 31 2023CA$258kCA$210k

-CA$3m

Sep 30 2023n/an/a

CA$2m

Jun 30 2023n/an/a

CA$3m

Mar 31 2023n/an/a

CA$939k

Dec 31 2022CA$200kCA$180k

-CA$53k

Sep 30 2022n/an/a

-CA$1m

Jun 30 2022n/an/a

-CA$2m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$180kCA$180k

-CA$3m

Sep 30 2021n/an/a

-CA$4m

Jun 30 2021n/an/a

-CA$4m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$180kCA$180k

-CA$3m

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

CA$2m

Dec 31 2019CA$195kCA$180k

CA$2m

Sep 30 2019n/an/a

CA$473k

Jun 30 2019n/an/a

-CA$505k

Mar 31 2019n/an/a

-CA$5m

Dec 31 2018CA$180kCA$180k

-CA$5m

Compensation vs Market: Peter's total compensation ($USD185.31K) is about average for companies of similar size in the Canadian market ($USD163.20K).

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.

CEO

Peter Espig (58 yo)

12.3yrs
Tenure
CA$260,000
Compensation

Mr. Peter Espig, M.B.A. is Director of ESGold Corp. from May 1, 2025. He serves as Director of Foremost Clean Energy Ltd. since October 27, 2025.He serves as Financial Advisor at Forte Minerals Corp. He h...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Espig
President12.3yrsCA$260.00k2.92%
CA$ 5.1m
Sam Wong
Chief Financial Officer1.7yrsCA$83.25kno data
William Cawker
Company Secretary and Head of IR & corporate affairs1.7yrsCA$84.00kno data
Will Whitty
Vice President of Exploration1.9yrsno datano data
1.8yrs
Average Tenure

Experienced Management: NIM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Peter Espig
President14.5yrsCA$260.00k2.92%
CA$ 5.1m
Malcolm J. Swallow
Independent Director4.1yrsCA$15.00kno data
Paul Johnston
Independent Director9.5yrsCA$15.00k0.024%
CA$ 42.5k
Brent Omland
Independent Director2.8yrsCA$15.00kno data
Frank Hogel
Independent Chairman11yrsCA$25.00k0.057%
CA$ 99.6k
9.5yrs
Average Tenure
55.5yo
Average Age

Experienced Board: NIM's board of directors are considered experienced (9.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/09 20:38
End of Day Share Price 2025/11/07 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nicola Mining Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ben PirieAtrium Research
Mark La ReichmanNOBLE Capital Markets, Inc.