Nickel Industries (NIC) Stock Price, Fundamentals & Analysis

What NIC does

Nickel Industries (NIC) is a stock listed on the ASX in the Basic Materials sector. It operates in the Other Industrial Metals & Mining industry and is involved in nickel ore mining, nickel pig iron, cobalt, and nickel matte production. The company also produces mixed hydroxide precipitate for use in the electric vehicle supply chain. Formerly known as Nickel Mines Limited, it changed its name to Nickel Industries Limited in June 2022 and has been based in Sydney, Australia since its incorporation in 2007. Peers in the Australian mining space include Resolute Mining (RSG), Perenti (PRN), and Dyno Nobel (DNL).

Key numbers explained

• The current price is 0.82 AUD, down 0.61% today.
• The market capitalisation of 3.54 mld. AUD reflects the total market value of all outstanding shares.
• The forward P/E ratio of 6.8 divides the current price by expected future earnings, offering a sense of how the market values the company relative to its anticipated profits.
• The dividend yield is 0%, with 0% of earnings paid out as dividends and an ex-dividend date of 27 feb. 2025.
• The beta of 1.04 indicates the share price tends to move roughly in line with the broader market.
• The 52-week price range of 0.66 – 1.13 shows the lowest and highest traded prices over the past year, with the current price sitting near the lower end of that range.
• The price-to-book ratio of 2.25 compares the market price to the company's book value per share.
• The debt-to-equity ratio of 49.4% indicates the proportion of debt used relative to shareholders' equity.

What to watch

Investors tracking NIC often look at commodity price cycles, production volumes, and cost trends in nickel mining. The company's exposure to the electric vehicle supply chain through mixed hydroxide precipitate production is a factor to monitor. As a Basic Materials stock, NIC can be sensitive to global industrial demand and currency movements. The next earnings report, scheduled for 26 aug. 2026, is a key date for updated financial results. Those interested in the broader Australian mining landscape may also follow Alcoa (AAI) and Emerald Resources (EMR) for sector context.