Nickel 28 Capital Corp (NKL) Stock Price & Analysis

NKL Stock Chart & Stats

CA$0.98-CA$0.02(-2.00%)

At close: Oct 30 3:17 PM EDT

Day’s Range: CAD 0.98 - CAD 1.02
52-Week Range: CAD 0.68 - CAD 1.29
Previous Close: CAD 1.00
Volume: N/A
Average Volume (3M): 28.74K
Market Cap: CAD 83.50M
Enterprise Value: CAD 130.53M
Total Cash (Recent Filing): CAD 9.23M
Total Debt (Recent Filing): CAD 32.73M
Price to Earnings (P/E): 12.6
Beta: 1.07
Next Earnings: Dec 17, 2026 (Est.)
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Royalty And Streaming Model

The royalty and streaming model provides contractual exposure to battery-metal production while avoiding direct mine operation. This structure can support portfolio scalability and recurring participation in metal output, although results still depend on asset and operator performance.

Improving Leverage

Material deleveraging has strengthened the capital structure and reduced balance-sheet pressure. Debt is now modest relative to equity, which should improve financial resilience and preserve greater flexibility for sustaining investments or managing variability in royalty and streaming receipts.

Positive Recent Cash Generation

The return to positive operating and free cash flow in the latest trailing period is a constructive sign for financial self-sufficiency. If maintained, cash generation could provide more support for corporate needs and reduce reliance on additional financing despite prior volatility.

Bears Say

Negative Core Operating Profit

Negative EBIT indicates that reported net income is not currently supported by profitable core operations. The repeated swings between annual profits and losses make earnings quality less dependable and complicate forecasting of sustainable returns over the next several periods.

Weak Cash Conversion

Cash generation is substantially below reported net income, showing that accounting earnings are not converting into cash at the same pace. Continued weak conversion could constrain reinvestment capacity and make future distributions or portfolio expansion more dependent on external funding.

Dependence On Third-party Mine Operators

Because the company does not operate the underlying mines, its receipts depend on third parties maintaining production and operational continuity. This limits direct control over volume and execution, leaving results exposed to asset-level performance even when contractual rights remain in place.

Nickel 28 Capital Corp News

Nickel 28 Secures Ramu Cash Distribution but Warns of Margin Pressure Ahead

Nickel 28 Capital Corp ( ($TSE:NKL) ) has shared an announcement. Nickel 28 Capital Corp. has confirmed it will receive its eleventh cash distribution from the Ramu Nickel-Cobalt joint venture,

2w agoCONXF 3JC0

Nickel 28 Posts Strong Q2 at Ramu Amid Rising Nickel, Cobalt Prices

Nickel 28 Capital Corp ( ($TSE:NKL) ) has issued an update. Nickel 28 Capital Corp reported solid second-quarter 2026 operating performance from the Ramu nickel-cobalt operation in Papua New Guinea,

2M agoCONXF 3JC0

Nickel 28 Weighs Options as Ramu Expansion Plan Aims to Double Output

Nickel 28 Capital Corp ( ($TSE:NKL) ) just unveiled an update. Nickel 28 Capital Corp. said operator Ramu NiCo Management has lodged a development proposal with Papua New Guinea’s Mineral

6M agoCONXF 3JC0

Nickel 28’s Ramu Mine Delivers Strong 2025 Output Amid Tightening Nickel and Cobalt Markets

The latest announcement is out from Nickel 28 Capital Corp ( ($TSE:NKL) ). Nickel 28 reported strong operational performance for the Ramu nickel-cobalt operation in 2025, with contained nickel production

8M agoCONXF 3JC0

Nickel 28 Wins TSXV Nod for Share Buyback as It Seeks to Unlock Value

The latest announcement is out from Nickel 28 Capital Corp ( ($TSE:NKL) ). Nickel 28 Capital Corp., a nickel-cobalt producer with a stake in the Ramu operation in Papua New

8M agoCONXF 3JC0

Nickel 28 Ties Executive Stock Options to Aggressive Shareholder Return Targets

An update from Nickel 28 Capital Corp ( ($TSE:NKL) ) is now available. Nickel 28 Capital Corp. has granted 810,811 stock options to Craig Lennon under its fixed stock option

8M agoCONXF 3JC0

Nickel 28 Grants Performance-Based Stock Options Tied to Shareholder Returns

Nickel 28 Capital Corp ( ($TSE:NKL) ) just unveiled an announcement. Nickel 28 Capital Corp., a nickel-cobalt producer with an interest in the Ramu operation in Papua New Guinea and

8M agoCONXF 3JC0

Nickel 28 Directors Win Dismissal of Former Executives’ Claims as Company Presses Counterattack

Nickel 28 Capital Corp ( ($TSE:NKL) ) has issued an announcement. Nickel 28 Capital Corp. reported that Ontario’s Superior Court of Justice has dismissed in full the claims brought personally

9M agoCONXF 3JC0

Nickel 28 Plans Share Buyback as Management Sees Deep Valuation Discount

The latest update is out from Nickel 28 Capital Corp ( ($TSE:NKL) ). Nickel 28 Capital Corp. has announced plans for a normal course issuer bid to repurchase up to

9M agoCONXF 3JC0

Nickel 28 Posts Solid Q3 on Strong Ramu Output and Tight Cost Control

The latest announcement is out from Nickel 28 Capital Corp ( ($TSE:NKL) ). Nickel 28 Capital Corp. reported fiscal third-quarter 2026 results showing steady production and profitability from its Ramu

10M agoCONXF 3JC0

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$0.68 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$83.50M.

When is Nickel 28 Capital Corp’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Nickel 28 Capital Corp’s earnings last quarter?

Nickel 28 Capital Corp released its earnings results on Sep 21, 2026. The company reported C$0.048 earnings per share for the quarter.

Is Nickel 28 Capital Corp overvalued?

Not enough analysts have published a price target to calculate whether the price is 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 85,202,620 shares outstanding.

What happened to Nickel 28 Capital Corp’s price movement after its last earnings report?

Nickel 28 Capital Corp reported an EPS of C$0.048 in its last earnings report. Following the earnings report the stock price went up 0.935%.

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