Nicola Mining (NICM) Stock Overview

Operates as a junior resource and mining company in Canada. More details

NICM fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Revenue is forecast to grow 217.42% per year

Risk Analysis

Shares are highly illiquid

Negative shareholders equity

Earnings have declined by 11.1% per year over past 5 years

Does not have meaningful revenue (CA$1M)

+ 1 more risk

NICM Community Fair Values

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UGFeatured

An Undervalued 3.3Moz Gold Project in Canada

Key takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.

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stuart_roberts

Community Contributor

CA$5.07FV • 72.6% undervalued

4849.4%Revenue growth p.a.

12.3k

244

1mo ago

Nicola Mining Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nicola Mining
Historical stock prices
Current Share Price	CA$6.18
52 Week High	CA$10.60
52 Week Low	CA$5.41
Beta	0.44
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-11.28%

Recent updates

Shareholder Returns

	NICM	US Metals and Mining	US Market
7D	-11.3%	-3.6%	1.3%
1Y	n/a	97.6%	34.7%

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

Return vs Market: Insufficient data to determine how NICM performed against the US Market.

Price Volatility

Is NICM's price volatile compared to industry and market?
NICM volatility
NICM Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	11.5%
Market Average Movement	7.1%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.2%

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

Volatility Over Time: Insufficient data to determine NICM's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1980	n/a	Peter Espig	nicolamining.com

Nicola Mining Inc. operates as a junior resource and mining company in Canada. The company operates in two business segments: mineral exploration and development; and custom milling operations. The company primarily explores for gold, silver, lead, zinc, and copper deposits.

Nicola Mining Inc. Fundamentals Summary

How do Nicola Mining's earnings and revenue compare to its market cap?
NICM fundamental statistics
Market cap	US$140.75m
Earnings (TTM)	-US$2.56m
Revenue (TTM)	US$1.01m

136.6x

P/S Ratio

-53.7x

P/E Ratio

Is NICM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NICM income statement (TTM)
Revenue	CA$1.38m
Cost of Revenue	CA$2.59m
Gross Profit	-CA$1.21m
Other Expenses	CA$2.28m
Earnings	-CA$3.50m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.015
Gross Margin	-88.29%
Net Profit Margin	-254.38%
Debt/Equity Ratio	-0.2%

How did NICM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/04/21 07:15
End of Day Share Price	2026/04/21 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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.

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.

Analyst	Institution
Ben Pirie	Atrium Research
Mark La Reichman	NOBLE Capital Markets, Inc.

Nicola Mining Inc.NasdaqCM:NICM Stock Report