Nickel 28 Capital Corp (TSE:NKL)
:NKL
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NKL Stock Chart & Stats
C$0.77
C$0.03(4.05%)
At close: 4:00 PM EST
C$0.77
C$0.03(4.05%)
Day’s Range― - ―
52-Week RangeC$0.64 - C$1.29
Previous CloseN/A
Volume5.48K
Average Volume (3M)28.19K
Market Cap
C$107.71M
Enterprise ValueC$101.04M
Total Cash (Recent Filing)C$9.08M
Total Debt (Recent Filing)C$31.95M
Price to Earnings (P/E)―
Beta1.17
Next Earnings
Jun 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding86,860,560
10 Day Avg. Volume37,811
30 Day Avg. Volume28,189
Financial Highlights & Ratios
PEG Ratio0.92
Price to Book (P/B)0.79
Price to Sales (P/S)0.00
P/FCF Ratio-102.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Royalty Business ModelA royalty/stream model is capital-light and shifts operational risk to the Ramu operator. Over months this structural setup preserves cash and management bandwidth, providing a durable income mechanism tied to production volumes rather than mine operating execution.
Improved Leverage On Balance SheetMaterial de-leveraging increases financial resilience and flexibility. Lower leverage reduces refinancing risk and supports the firm's ability to weather production or price volatility, fund working capital or opportunistic investments without immediate dilution or distress.
Structural Exposure To Battery MetalsNickel and cobalt are critical inputs for EV and battery supply chains. Long-term secular demand supports sustained royalty potential if Ramu maintains production, giving the company durable commodity-linked cash flow exposure without direct mining capex.
Bears Say
Persistent Negative Operating Cash FlowRecurring negative operating and free cash flow erodes liquidity and forces reliance on external funding or asset sales. Over a multi-month horizon this limits the firm's ability to sustain distributions, absorb payment timing shocks from Ramu, or finance strategic initiatives organically.
Recent And Volatile LossesBack-to-back losses reduce retained earnings and produce negative returns on equity, constraining retained capital for growth. Persistent unprofitability increases sensitivity to commodity price swings and undermines ability to demonstrate sustainable margins to investors.
Opaque Revenue DisclosureLack of clear revenue figures obscures assessment of royalty scale and margin sustainability. For investors and planners this increases forecasting uncertainty about future cash receipts, making capital allocation and valuation of the royalty stream less reliable.
Nickel 28 Capital Corp News
NKL FAQ
What was Nickel 28 Capital Corp’s price range in the past 12 months?
Nickel 28 Capital Corp lowest stock price was C$0.64 and its highest was C$1.29 in the past 12 months.
What is Nickel 28 Capital Corp’s market cap?
Nickel 28 Capital Corp’s market cap is C$107.71M.
When is Nickel 28 Capital Corp’s upcoming earnings report date?
Nickel 28 Capital Corp’s upcoming earnings report date is Jun 25, 2026 which is in 19 days.
How were Nickel 28 Capital Corp’s earnings last quarter?
Currently, no data Available
Is Nickel 28 Capital Corp overvalued?
According to Wall Street analysts Nickel 28 Capital Corp’s price is currently Overvalued.
Does Nickel 28 Capital Corp pay dividends?
Nickel 28 Capital Corp does not currently pay dividends.
What is Nickel 28 Capital Corp’s EPS estimate?
Nickel 28 Capital Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nickel 28 Capital Corp have?
Nickel 28 Capital Corp has 86,860,560 shares outstanding.
What happened to Nickel 28 Capital Corp’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Nickel 28 Capital Corp?
Currently, no hedge funds are holding shares in TSE:NKL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Nickel 28 Capital Corp
Nickel 28 Capital Corp. operates as a base metals company. The company holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of 13 nickel and cobalt royalties on exploration and development projects in Canada, Australia, and Papua New Guinea. It intends to invest in a battery metals-focused portfolio of streams, royalties, and direct interests in mineral properties containing battery metals. The company was formerly known as Conic Metals Corp. and changed its name to Nickel 28 Capital Corp. in March 2021. Nickel 28 Capital Corp. was incorporated in 2019 and is headquartered in Toronto, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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