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

My Notes

Capture your thoughts, links and company narrative

NiCAN Limited Competitors

IberAmerican Lithium

DB:W2C

€2.1m

Greenland Resources

DB:M0LY

€61.6m

Decheng Technology

DB:3330

€1.6m

Pearl Gold

DB:02P

€11.2m

Price History & Performance

Summary of share price highs, lows and changes for NiCAN
Historical stock prices
Current Share Price	CA$0.021
52 Week High	CA$0.069
52 Week Low	CA$0.018
Beta	-0.97
1 Month Change	-14.29%
3 Month Change	-12.50%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-69.43%

Recent updates

Shareholder Returns

	W8Y	DE Metals and Mining	DE Market
7D	0%	-0.007%	0.5%
1Y	n/a	-21.9%	7.2%

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	24.7%
Metals and Mining Industry Average Movement	12.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.4%

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 (25%) has been stable over the past year, but is still higher than 75% of German stocks.

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	€2.17m
Earnings (TTM)	-€1.92m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.1x

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

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 03:27
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

NiCAN Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

NiCAN DB:W8Y Stock Report