I am buying NIC and shorting WSA as a pair trading .
NIC metrics--->, Record RKEF quarterly production of 11,527.0 tonnes of nickel metal (100% basis), up 7.7% from 10,699.9 tonnes of nickel metal in the September quarter. Record RKEF quarterly sales of US$158.8M (100% basis), up 16.6% from US$136.2M in the September quarter. Record RKEF quarterly EBITDA of US$71.6M (100% basis), up 45.6% from US$49.2M in the September quarter.
WSA metrics---> worse than both, QoQ and pcp(Q1 and Q2)
WSA Price at posting:
$2.46 Sentiment: Sell Disclosure: Held