Ord Minnett analyst Dylan Kelly maintained a Hold rating on Nickel Mines Ltd. (NIC – Research Report) today and set a price target of A$1.60. The company’s shares opened today at A$0.88.
According to TipRanks, Kelly is a 2-star analyst with an average return of 1.1% and a 41.56% success rate.
In addition to Ord Minnett, Nickel Mines Ltd. also received a Hold from Canaccord Genuity’s Timothy Hoff in a report issued on October 30. However, on November 4, Morgan Stanley maintained a Buy rating on Nickel Mines Ltd. (ASX: NIC).
The company has a one-year high of A$1.09 and a one-year low of A$0.54. Currently, Nickel Mines Ltd. has an average volume of 4.97M.
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Nickel Mines Ltd. (NIC) Company Description:
Nickel Mines Ltd is engaged in acquiring, exploring, and developing nickel projects. The company owns an interest in hengjaya mines. The company has two segments namely Nickel ore mining and Rotary Kiln Electric Furnace (RKEF) Projects.
