Nio Strategic Metals Inc. (NIOCF)
Nio Strategic Metals Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Montreal, QC, CA. The stock last traded at $0.10, up 1.75% on the session, giving a market capitalisation of $14.2M. On trailing twelve-month figures it carries a trailing P/E of -10.95, a net margin of -23343.9%. Its beta of 1.29 implies it has historically moved more than the broad market.
Nio Strategic Metals Inc., a development stage enterprise, is dedicated to the exploration and advancement of mineral resources within the province of Quebec. Its primary focus lies in discovering and developing deposits of niobium and iron ore. The company's asset portfolio encompasses two significant mineral properties: the Oka mining property, which includes a single mining lease and 102 claims spanning approximately 6,025 acres, and the Great Whale Iron property, comprising 140 claims across roughly 17,098 acres in the Hudson Bay territory. Originally incorporated as Niocan Inc., the company adopted its current name, Nio Strategic Metals Inc., in June 2022. Established in 1995, its corporate headquarters are located in Montreal, Canada.
Nio Strategic Metals Inc. is most often compared with the following Basic Materials names: