Nickel Industries Limited

NIC

AU0000018236

Specialty Mining & Metals

Delayed Australian S.E. Other stock markets 11:44:28 2024-05-19 pm EDT			5-day change	1st Jan Change
1.06 ^AUD	+3.92%		+8.42%	+52.88%

May. 01	Citi Downgrades Nickel Industries to Neutral from Buy, Price Target is AU$1.10	MT
Apr. 30	Nickel Industries Posts $70 Million EBITDA, $1 Billion Cash, Receivables, Inventory at March 31	MT

Nickel Industries Limited Reports Earnings Results for the Half Year Ended June 30, 2023

August 30, 2023 at 06:54 pm EDT

Nickel Industries Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was USD 932.27 million compared to USD 515.03 million a year ago. Net income was USD 27.13 million compared to USD 92.38 million a year ago.

Basic earnings per share from continuing operations was USD 0.0091 compared to USD 0.0351 a year ago.

Latest news about Nickel Industries Limited

Citi Downgrades Nickel Industries to Neutral from Buy, Price Target is AU$1.10	Apr. 30	MT
Nickel Industries Posts $70 Million EBITDA, $1 Billion Cash, Receivables, Inventory at March 31	Apr. 30	MT
Transcript : Nickel Industries Limited, Q1 2024 Operating Results Call, Apr 30, 2024	Apr. 29
Indices: The FTSE 100 awakens	Apr. 16
Nickel Industries attracts strong interest for its Indonesian supply	Apr. 09	RE
Nickel Industries Boosts Stake in Indonesian Nickel Project to 27.5%; Shares Up 4%	Apr. 01	MT
Nickel Industries Limited Completes the Acquisition of an Additional 13.75% Interest in the Excelsior Nickel Project	Apr. 01	CI
Nickel Industries Experiences Indonesian Mining License Delays	Mar. 17	MT
Transcript : Nickel Industries Limited, 2023 Earnings Call, Feb 29, 2024	Feb. 28
Nickel Industries Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Nickel Industries Achieves Syndication of $400 Million of Bank Loan Facilities	Feb. 13	MT
Australian Shares Rise for Seventh Straight Day as Retail Turnover Declines, Market Awaits US Fed Decision	Jan. 30	MT
Nickel Industries Targeting Higher Shareholder Returns Via Revised Dividend Policy, Share Buyback	Jan. 30	MT
Nickel Industries Declares Interim Dividend; Shares Jump 22%	Jan. 29	MT
Australian shares hit over 3-week high; retail sales data in focus	Jan. 29	RE
Transcript : Nickel Industries Limited, Q4 2023 Operating Results Call, Jan 30, 2024	Jan. 29
Nickel Industries posts record quarterly output, unveils $100 million buyback plan	Jan. 29	RE
Nickel Industries Limited authorizes a Buyback Plan.	Jan. 29	CI
Nickel Industries Limited Announces Final Dividend for the Fiscal Year 2023, Payable on February 19, 2024	Jan. 29	CI
Nickel Industries Limited Announces Production Results for the Quarter Ended 31 December 2023	Jan. 29	CI
Nickel Industries Limited announces an Equity Buyback for $100 million worth of its shares.	Jan. 29	CI
Nickel Industries Limited Announces Mr. Rob Neale Retires as Chairman	Jan. 03	CI
Nickel Industries Raises Excelsior Nickel Project Stake to 13.75%; Shares Up 4%	Dec. 28	MT
Indonesia nickel smelter furnace fire kills 13 workers, injures 46	Dec. 24	RE
Indonesia nickel smelter furnace blast kills 13 workers, wounds 38	Dec. 24	RE

Chart Nickel Industries Limited

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Company Profile

Nickel Industries Limited is a nickel pig iron (NPI) producer, which is a key ingredient in the production of stainless steel. It is engaged in the production of nickel matte. It holds interest in high pressure acid leach (HPAL) projects, producing mixed hydroxide precipitate (MHP) for use in the electric vehicle (EV) supply chain. Its segments include Nickel ore mining in Indonesia, Ranger Nickel rotary kiln electric furnace (RKEF) project in Indonesia and Singapore and the (HPAL) projects in Indonesia and Hong Kong. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP) and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in close proximity to the IMIP. The Hengjaya Nickel Project is a two-line Rotary Kiln Electric Furnace (RKEF) plant operating within the IMIP.

Sector

Specialty Mining & Metals

Calendar

2024-05-30 - Annual General Meeting

Related indices

S&P/ASX 200

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Ratings for Nickel Industries Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.02 AUD

Average target price

1.331 AUD

Spread / Average Target

+30.48%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Nickel Ore Mining

	1st Jan change	Capi.
NICKEL INDUSTRIES LIMITED	+52.88%	2.92B
PT MERDEKA BATTERY MATERIALS TBK.	+8.04%	4.09B
PT TRIMEGAH BANGUN PERSADA TBK	+3.50%	4.09B
IGO LIMITED	-12.76%	3.96B
PT VALE INDONESIA TBK	+11.14%	2.98B
NICKEL ASIA CORPORATION	-25.91%	981M
PT ADHI KARTIKO PRATAMA TBK	0.00%	273M
CANADA NICKEL COMPANY INC.	+29.82%	197M
GLOBAL FERRONICKEL HOLDINGS, INC.	-6.31%	172M
PACIFIC METALS CO., LTD.	+12.27%	162M

Nickel Ore Mining