Nicola Mining Inc. (HUSIF)
Nicola Mining Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.52, up 9.58% on the session, giving a market capitalisation of $119.5M. On trailing twelve-month figures it carries a trailing P/E of -23.42, a net margin of -200.1%. Its beta of 0.40 implies it has historically moved less than the broad market.
Nicola Mining Inc., an enterprise founded in 1980 and headquartered in Lower Nicola, Canada, functions as a junior company focused on mineral exploration and custom milling. Its primary objective involves systematically identifying, acquiring, and developing mineral properties across Canada, with a particular emphasis on discovering deposits containing gold, silver, lead, zinc, and copper. The company's key holdings include the wholly-owned Treasure Mountain project, which consists of 30 mineral claims and one mineral lease encompassing 2,850 hectares situated northeast of Hope, British Columbia. It also controls the New Craigmont project, an expansive property featuring 22 contiguous mineral claims totaling approximately 10,913 hectares, complemented by 10 mineral leases covering an additional 347 hectares, all located near Merritt, British Columbia. Furthermore, Nicola Mining holds interests in the sand and gravel resources of the Merritt Mill property, found northwest of Merritt, British Columbia. Beyond its core mining operations, the company engages in residential real estate, possessing five residential lots spanning approximately 488.70 acres, and participates in the marketing of gold and silver concentrates. The firm changed its name to Nicola Mining Inc. in June 2015, having previously operated as Huldra Silver Inc.
Nicola Mining Inc. is most often compared with the following Basic Materials names: