I recently emailed a mate a few comments relating to broker research on NIC, who had a $1.87 AUD target price based on stagnant (not growing) nickel production (2023-2025) and a falling nickel price of $9.50/$9.60 $US/lb (in 2024-2025). These assumptions appear ultra conservative for a company focused on growth and an inflationary economic environment with nickel demand/supply imbalances that should lead to much higher nickel prices. Fair to say the current 93c share price doesn't reflect its future.
I recently emailed a mate a few comments relating to broker...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
70.0¢ |
Change
0.015(2.19%) |
Mkt cap ! $3.038B | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.5¢ | 67.5¢ | $4.080M | 5.890M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10523 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 166760 | 9 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| NIC (ASX) Chart |