NiCAN (DB:W8Y) - Stock Price, News & Analysis

W8Y Stock Overview

Engages in the exploration, development, operation, and financing of mining assets in Canada. More details

W8Y fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap (€3M)

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (CA$0)

Highly volatile share price over the past 3 months compared to the German market

+ 1 more risk

NiCAN Limited Competitors

Pasinex Resources

DB:PNX

€1.4m

IberAmerican Lithium

DB:W2C

€1.0m

Greenland Resources

DB:M0LY

€78.4m

Decheng Technology

DB:3330

€1.9m

Price History & Performance

Summary of all time highs, changes and price drops for NiCAN
Historical stock prices
Current Share Price	CA$0.018
52 Week High	CA$0.069
52 Week Low	CA$0.018
Beta	-0.90
11 Month Change	-14.29%
3 Month Change	2.86%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-73.80%

Recent updates

Shareholder Returns

	W8Y	DE Metals and Mining	DE Market
7D	-14.3%	1.3%	0.2%
1Y	n/a	-26.6%	8.5%

Return vs Industry: Insufficient data to determine how W8Y performed against the German Metals and Mining industry.

Return vs Market: Insufficient data to determine how W8Y performed against the German Market.

Price Volatility

Is W8Y's price volatile compared to industry and market?
W8Y volatility
W8Y Average Weekly Movement	30.2%
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: W8Y's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: W8Y's weekly volatility has increased from 25% to 30% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Brad Humphrey	nicanltd.com

NiCAN Limited engages in the exploration, development, operation, and financing of mining assets in Canada. The company primarily explores for nickel and copper deposits, as well as by-products of copper, cobalt, and platinum group elements. It holds interest in the Wine project consisting of 24 mineral claims covering an area of 5,666 hectares; and the Pipy project comprised of 20 mineral claims covering an area of 3,913 hectares located within the lake greenstone belt of Manitoba.

NiCAN Limited Fundamentals Summary

How do NiCAN's earnings and revenue compare to its market cap?
W8Y fundamental statistics
Market cap	€1.96m
Earnings (TTM)	-€1.98m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.0x

P/E Ratio

Is W8Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
W8Y income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$2.89m
Earnings	-CA$2.89m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.035
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did W8Y perform over the long term?

See historical performance and comparison

NiCAN DB:W8Y Stock Report