I had a look at the forecast profits for pure nickel producers being NIC, PAN and MCR and this is what I found
NIC - PE of 4 in 2024 (7 analysts)
PAN - PE of 2 in 2024 ( 5 analysts )
MCR - PE of 8 in 2024 (5 analysts)
No wonder nickel explorers have SP’s in the gutter (ie rock bottom)!
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