Nickel 28 Reports Strong Q2 2025 Results and Optimistic Outlook

An announcement from Nickel 28 Capital Corp ( (TSE:NKL) ) is now available.

Nickel 28 Capital Corp. reported its financial results for the quarter ending July 31, 2025, highlighting strong production and sales figures from its Ramu Nickel-Cobalt operation. The company produced 8,564 tonnes of nickel and 787 tonnes of cobalt, with sales of 7,846 tonnes of nickel and 719 tonnes of cobalt. The quarter ended with a net profit of $0.1 million and a cash balance of $8 million, despite a construction debt of $37.5 million. The company successfully completed maintenance on its HPAL autoclaves, setting up for a strong second half of 2025, with expectations of uninterrupted production and record weekly rates.

Spark’s Take on TSE:NKL Stock

According to Spark, TipRanks’ AI Analyst, TSE:NKL is a Neutral.

Nickel 28 Capital Corp’s financial challenges, characterized by zero revenue and persistent losses, weigh heavily on its stock score. Technical analysis provides a more favorable outlook, with upward price momentum. Valuation remains a concern with negative earnings. Recent corporate events such as production resumption and leadership changes reflect operational improvements but don’t significantly alter financial performance.

To see Spark’s full report on TSE:NKL stock, click here.

More about Nickel 28 Capital Corp

Nickel 28 Capital Corp. is a nickel-cobalt producer with an 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation in Papua New Guinea. The company provides significant nickel and cobalt production, offering shareholders exposure to metals critical for electric vehicles. Nickel 28 also manages a portfolio of nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

Average Trading Volume: 23,715

Technical Sentiment Signal: Sell

Current Market Cap: C$57.28M

Find detailed analytics on NKL stock on TipRanks’ Stock Analysis page.