Class 1 Nickel and Technologies Past Earnings Performance

Past criteria checks 0/6

Class 1 Nickel and Technologies's earnings have been declining at an average annual rate of -4.8%, while the Metals and Mining industry saw earnings growing at 13.9% annually.

Key information

-4.8%

Earnings growth rate

3.9%

EPS growth rate

Metals and Mining Industry Growth	29.2%
Revenue growth rate	n/a
Return on equity	n/a
Net Margin	n/a
Last Earnings Update	30 Jun 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Class 1 Nickel and Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:77C Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
30 Jun 24	-2	2
31 Mar 24	-2	2
31 Dec 23	-2	2
30 Sep 23	-5	5
30 Jun 23	-5	5
31 Mar 23	-5	5
31 Dec 22	-6	6
30 Sep 22	-4	4
30 Jun 22	-11	11
31 Mar 22	-15	15
31 Dec 21	-15	15
30 Sep 21	-14	14
30 Jun 21	-6	6
31 Mar 21	-3	2
31 Dec 20	-2	1
30 Sep 20	-1	1
30 Jun 20	-2	2
31 Mar 20	-2	2
31 Dec 19	-2	1

Quality Earnings: 77C is currently unprofitable.

Growing Profit Margin: 77C is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 77C is unprofitable, and losses have increased over the past 5 years at a rate of 4.8% per year.

Accelerating Growth: Unable to compare 77C's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 77C is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-4.8%).

Return on Equity

High ROE: 77C's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Class 1 Nickel and Technologies Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Class 1 Nickel and Technologies Ltd. Updates Resource Estimate on High-Grade Dundonald South Nickel Sulphide Deposit

New major risk - Financial position

Class 1 Nickel Updates Resource Estimate on High-Grade Alexo North Nickel Sulphide Deposit – Significant Increases in Indicated Resources over the 2020 Estimate

Class 1 Nickel and Technologies Limited announced that it has received CAD 0.52 million in funding

Class 1 Nickel and Technologies Ltd. Updates Resource Estimate on High-Grade Alexo South Nickel Sulphide Deposit

Class 1 Nickel and Technologies Limited, Annual General Meeting, Jun 18, 2024

Class 1 Nickel and Technologies Ltd. Provides Operations and Exploration Update on its Advanced Nickel Project, Timmins, Canada

Class 1 Nickel and Technologies Limited announced that it expects to receive CAD 0.75 million in funding

Class 1 Nickel and Technologies Limited announced that it has received CAD 0.4 million in funding

Class 1 Nickel and Technologies Limited announced that it expects to receive CAD 0.4 million in funding

Class 1 Nickel Provides Exploration Provide Update on Its Nickel Exploration and Operations for 100% Owned Alexo-Dundonald

Class 1 Nickel and Technologies Ltd. Reports Multiple Diamond Drill Hole Intercepts of High-Grade Nickel Including 1.0 m of 2.30% Ni and 0.7 m of 3.11% Ni from its Somanike Nickel Sulphide Project

New major risk - Financial position

Class 1 Nickel and Technologies Limited Completes Geochemical Soil and Biogeochemical Sampling Program At Its River Valley Pge Project, Near Sudbury, Ontario

Class 1 Nickel and Technologies Limited announced that it has received CAD 1 million in funding

Class 1 Nickel and Technologies Limited, Annual General Meeting, Jun 23, 2023

Insufficient new directors

Insufficient new directors

Class 1 Nickel and Technologies Ltd. Announces the Completion of Phase 1 Drilling At the Somanike Project (Marbridge Mine), Near Val-D’Or, Quebec

Class 1 Nickel and Technologies Limited announced that it has received CAD 0.45 million in funding from CL Fitch Pty Ltd

Class 1 Nickel and Technologies Limited announced that it has received CAD 0.5 million in funding

Class 1 Nickel and Technologies Ltd Announces the First Update of Its Drill Program to Test the TDEM Geophysical Anomalies At Somanike (Marbridge Mine) Project, Val-d'Or, Quebec

Class 1 Nickel and Technologies Limited announced that it has received CAD 1 million in funding

High number of new directors

Class 1 Nickel and Technologies Limited announced that it has received CAD 1.44 million in funding

Class 1 Nickel and Technologies Announces Resignation of Jonathan Fisher as Director

Class 1 Nickel Set to Commence Phase 1 Drill Program At Somanike Central Project

Class 1 Nickel and Technologies Limited announced that it has received CAD 1 million in funding

Class 1 Nickel and Technologies Limited announced that it expects to receive CAD 1 million in funding

Class 1 Nickel Identifies New Sulphide Nickel Targets in the La Motte Ultramafic Complex, Quebec

High number of new and inexperienced directors

Class 1 Nickel and Technologies Ltd. Announces Resignation of Mathew Fitch as Member of the Board of Directors

High number of new and inexperienced directors

Class 1 Nickel and Technologies Limited, Annual General Meeting, Jun 21, 2022

High number of new and inexperienced directors

Class 1 Nickel and Technologies Ltd Commences Geophysical work program at the Somanike Nickel-Copper - PGE Project in La Motte Quebec

Class 1 Nickel and Technologies Limited (CNSX:NICO) acquired River Valley East Property in Northeast of Sudbury, Ontario.

Class 1 Nickel and Technologies Limited Commences Phase 2 Drilling At the Alexo-Dundonald Nickel Project

Class 1 Nickel and Technologies Limited (CNSX:NICO) completed the acquisition of Strategic Portfolio of Mineral Claims in Ontario and Quebec from Platinum Group Elements Limited.

Class 1 Nickel and Technologies Limited (CNSX:NICO) entered into a definitive agreement to acquire Strategic Portfolio of Mineral Claims in Ontario and Quebec from Platinum Group Elements Limited for CAD 6 million.

Class 1 Nickel and Technologies Limited Announces Completion of Exploration Expenditures on Alexo-Kelex and Dundonald Nickel Properties

Class 1 Nickel and Technologies Ltd. Announces Progress of the Phase 1 Drilling Program At the Alexo-Dundonald Nickel Sulphide Property Near Timmins, Ontario

Class 1 Nickel and Technologies Limited announced that it has received CAD 4.0115 million in funding

Class 1 Nickel and Technologies Limited announced that it expects to receive CAD 4 million in funding

Class 1 Nickel Signs Memorandum of Understanding with Matachewan First Nation for Alexo-Dundonald Nickel Sulphide Project

Class 1 Nickel and Technologies Ltd. Announces Update on Nickel Sulphide Projects, Quebec and Ontario

Class 1 Nickel and Technologies Limited (CNSX:NICO) acquired Somanike Nickel Project from Quebec Precious Metals Corporation (TSXV:QPM) ) for CAD 0.075 million.

New 90-day high: €0.64

Class 1 Nickel and Technologies Limited Files Updated Total Estimated Indicated Mineral Resource

Class 1 Nickel and Technologies Limited. Announces Resignation of Taylor Dignan from the Board of Directors

Class 1 Nickel and Technologies Limited Reports Further Increase to Ni 43-101 Ni-Cu-Co Mineral Resources

Class 1 Nickel and Technologies Limited Prioritizes Newly Identified VTEM™ Conductor Anomalies for Upcoming Drilling Campaigns at Alexo-Dundonald

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies