Nickel Mines Share Price and Company Fundamentals
Last traded: Today at 5:33 AM
Nickel Mines Limited produces and sells nickel pig iron used in the production of stainless steel. It holds an 80% interest in the Hengjaya Mineralindo Nickel Mine that covers an area of 5,983 hectares located in the Morowali Regency of Central Sulawesi, Indonesia. It also holds 80% interest in Ranger Nickel project. The company was incorporated in 2007 and is based in Sydney, Australia.
Key Metrics
PE ratio
14.65
PB ratio
2.82
Dividend yield
2.12%
Beta
0.99
Market cap
$2.65B
Enterprise value
$2.57B
Company profile
| Primary activities | Nickel pig iron and nickel ore production. |
|---|---|
| Industry / Sector | Other Industrial Metals & Mining / Basic Materials |
| Website | http://www.nickelmines.com.au |
| Mailing address | 66 Hunter Street Level 2 Sydney NSW 2000 Australia |
| Phone / Fax | 61 2 9300 3311 / 61 2 9221 6333 |
| Share registry | COMPUTERSHARE INVESTOR SERVICES PTY LIMITED |
Dividends
More: Nickel Mines Dividend history, yield and payout ratio
Dividend yield
2.12%
Dividend amount
$0.02
Payout ratio
13.36%
Nickel Mines paid $0.02 dividend and the ex-dividend date was 03 Feb 2021.The dividend payout ratio is 13.36%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NIC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
NIC's forward dividend amount is $0.03 and the forward dividend yield is 2.78%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2021, following are the company executives and directors listed on Nickel Mines.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Justin Charles Werner | MD & Director | 46 | 524.55k |
| Mr. Norman Alfred Seckold BEcon | Exec. Deputy Chairman | 72 | 150k |
| Mr. Peter James Nightingale B.Econ, CA | CFO & Exec. Director | 63 | 300k |
| Ms. Fanfan Zhao | Chief Devel. Officer | ||
| Mr. Richard James Edwards BCom, CPA, SA Fin, FGIA | Company Sec. |
Profitability and management effectiveness
Profit margin
21.13%
Operating margin
30.12%
Return on assets
9.24%
Return on equity
17.00%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Nickel Mines is 2.65B and its enterprise value is 2.57B. The enterprise value to revenue ratio of NIC is 4.91.
The NIC's stocks Beta value is 0.99 making it 1% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Nickel Mines (ASX:NIC) Frequently Asked Questions
1. What is Nickel Mines's Stock Symbol?
Nickel Mines trades on ASX under the ticker symbol "NIC".
2. What is Nickel Mines's stock price today?
One share of NIC stock can currently be purchased for approximately $1.055.
3. How can I contact Nickel Mines?
Nickel Mines's mailing address is 66 Hunter Street Level 2 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9300 3311.
4. What is Nickel Mines's official website?
The official website of Nickel Mines is http://www.nickelmines.com.au.
5. Which share registry manages Nickel Mines's stock?
Nickel Mines's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.