Nicola Mining Inc. (CVE:NIM – Get Free Report) shares traded up 12.7% during trading on Monday . The stock traded as high as C$0.32 and last traded at C$0.31. 22,500 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 55,916 shares. The stock had previously closed at C$0.28.
Nicola Mining Stock Up 12.7 %
The company has a market cap of C$51.67 million, a P/E ratio of -10.33 and a beta of 1.14. The company has a quick ratio of 0.26, a current ratio of 3.61 and a debt-to-equity ratio of 99.43. The firm has a fifty day moving average price of C$0.29 and a 200 day moving average price of C$0.32.
About Nicola Mining
Nicola Mining Inc, a junior exploration and custom milling company, engages in the identification, acquisition, and exploration of mineral property interests in Canada. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds a 100% interest in the Treasure Mountain project comprising 30 mineral claims covering 2,513 hectares, and 1 mineral lease covering an area of approximately 335 hectares located to the northeast of Hope, British Columbia; and the New Craigmont project consisting of 22 contiguous mineral claims covering approximately 10,913 hectares, and 10 mineral leases covering an area of approximately 347 hectares located in the Merritt, British Columbia.
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