NICOLA MINING INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.49
Market capitalization 24.8M
Operating cash flow -2.22M
ESG Scores unknown

Company description

Nicola Mining Inc., a junior exploration and custom milling company, engages in the identification, acquisition, and exploration of mineral property interests in Canada. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds a 100% interest in the Treasure Mountain project comprising 30 mineral claims covering 2,850 hectares, and 1 mineral lease located to the northeast of Hope, British Columbia; and the New Craigmont project consisting of 22 contiguous mineral claims covering approximately 10,913 hectares, and 10 mineral leases covering an area of approximately 347 hectares located in the Merritt, British Columbia. It also has interests in the sand and gravel Merritt Mill property located to the northwest of Merritt, British Columbia. In addition, it engages in residential property business, which covers 5 residential lots totaling approximately 488.70 acres; and the sale of gold and silver concentrates. The company was formerly known as Huldra Silver Inc. and changed its name to Nicola Mining Inc. in June 2015. Nicola Mining Inc. was incorporated in 1980 and is headquartered in Lower Nicola, Canada.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Diluted earning per share

Financial Ratios
Quick Ratio0.25
Working Capital0.65
Return On Equity-4.05
Debt To Equity0.66
Fixed Asset Ratio4.21
Fixed Interest Cover-2.55

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -64.11k 94.45k 66.81k -65.98k
Total Cashflows From Investing Activities -273.55k -224.33k -11.5k -336.87k
Net Borrowings -1.29M 187.67k 140.18k -74.77k
Total Cash From Financing Activities 2.86M 1.02M 1.46M 2.65M
Change To Operating Activities -21.02k 36.65k -26.71k -41.26k
Issuance Of Stock 4.36M 886k 1.37M 2.77M
Net Income -5.31M 1.52M -2.89M -3.41M
Change In Cash -1.13M -861.98k 323.91k 91.58k
Effect Of Exchange Rate
Total Cash From Operating Activities -3.71M -1.66M -1.12M -2.22M
Depreciation 382.3k 195.37k 292.07k 247.46k
Change To Account Receivables -120.74k -18.11k 140.13k -633.99k
Other Cashflows From Financing Activities -214.44k -48.99k -52.64k -42.77k
Change To Netincome 1.42M -3.49M 1.3M 1.68M
Capital Expenditures -73.52k -1.28k -11.5k -520.89k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -5.32M 738.84k -2.92M -3.41M
Net Income -5.31M 1.52M -2.89M -3.41M
Selling General Administrative 1.03M 668.49k 774.91k 710.23k
Gross Profit -727.23k -540.28k -1M -1.44M
Ebit -4.5M -2.85M -2.38M -3.54M
Operating Income -4.5M -2.85M -2.38M -3.54M
Interest Expense -1.43M -1.42M -1.31M -1.39M
Income Tax Expense -9.93k -781.88k -31.69k
Total Revenue
Cost Of Revenue 727.23k 540.28k 1M 1.44M
Total Other Income ExpenseNet -820.67k 3.59M -541.42k 137.97k
Net Income From Continuing Ops -5.31M 1.52M -2.89M -3.41M
Net Income Applicable To Common Shares -5.31M 1.52M -2.89M -3.41M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 15.4M 10.12M 11.15M 11.52M
Total Stockholder Equity -3.38M 945.21k 198.84k 841.42k
Other Current Liabilities 4.38M 95.23k
Total Assets 12.02M 11.06M 11.35M 12.36M
Common Stock 75.1M 76.64M 78.61M 82.35M
Other Current Assets
Retained Earnings -88.49M -86.97M -89.86M -93.27M
Treasury Stock 2.5M 3.76M 3.86M 3.85M
Cash 1.36M 500.8k 824.71k 916.29k
Total Current Liabilities 11.33M 923k 826.72k 7.02M
Other Stockholder Equity 2.5M 3.76M 3.86M 3.85M
Property, Plant, and Equipment 9.16M 9.09M 9.16M 9.41M
Total Current Assets 1.65M 767.77k 978.25k 1.75M
Net Tangible Assets -3.38M 945.21k 198.84k 841.42k
Net Receivables 222.9k 241.01k 100.88k 734.87k
Accounts Payable 517.49k 644.07k 671.82k 569.85k


Insider Transactions

Here are the insider transactions of stock shares related to NICOLA MINING INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Concept Capital Management LtdStock dividend at price 0.08 per share.D2021-11-2610% Security Holder of Issuer6.25M
Espig (Peter Edward)Acquisition or disposition in the public market at price 0.07 per share.D2021-11-25Director of Issuer100k
Espig (Peter Edward)Acquisition or disposition carried out privately at price 0.10 per share.D2021-10-14Director of Issuer208.34k
Espig (Peter Edward)Acquisition or disposition in the public market at price 0.12 per share.D2021-06-09Director of Issuer18k
Johnston (Paul)Acquisition or disposition carried out privately at price 0.08 per share.D2021-06-07Director of Issuer50k
Espig (Peter Edward)Acquisition or disposition in the public market at price 0.11 per share.D2021-06-02Director of Issuer82k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NICOLA MINING INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NICOLA MINING INC

Here is the result of two systematic investment strategies applied to NICOLA MINING INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NICOLA MINING INC

The following chart shows the equity curve of the two systematic investment strategies applied to NICOLA MINING INC:

NICOLA MINING INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -12.22% on the backtest period.

Performance at glance

Performance

-12.22 %

Latent gain

-274.92 C$

Invested capital

2250.05 C$

Annualized return

-2.88 %
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Momentum strategy results on NICOLA MINING INC

This is the result of two momentum investment strategies applied to NICOLA MINING INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NICOLA MINING INC

The following chart shows all the entries opened by the momentum investment system on NICOLA MINING INC:

NICOLA MINING INC momentum entries
  • The first momentum investment strategy would give 12.61% of return on NICOLA MINING INC. That represents 756.83C$ of latent gain with 6000.55C$ of employed capital.
  • The second momentum investment strategy would give 14.87% of return on NICOLA MINING INC. That represents 780.68C$ of latent gain with 5250.2C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

12.61 %

Latent gain

756.83 C$

Invested capital

6000.55 C$

Annualized return

7.67 %
Performance at glance (2Q Momentum)

Performance

14.87 %

Latent gain

780.68 C$

Invested capital

5250.2 C$

Annualized return

3.95 %

Momentum equity curve on NICOLA MINING INC

The following chart shows the equity curve of the two momentum strategies applied to NICOLA MINING INC:

NICOLA MINING INC momentum equity

Note: the dividends potentially given by NICOLA MINING INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NICOLA MINING INC

The following chart shows the employed capital evolution of the two momentum strategies on NICOLA MINING INC since the beginning:

NICOLA MINING INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on NICOLA MINING INC

Buy the dip entry openings on NICOLA MINING INC

NICOLA MINING INC

The performance achieved by the robo-advisor on NICOLA MINING INC is 17.17%. That represents 214.65$ of latent gain with 1249.97C$ of employed capital. The following chart shows NICOLA MINING INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NICOLA MINING INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

17.17 %

Latent gain

214.65 C$

Invested capital

1249.97 C$

Annualized return

7.67 %

Equity curve of the strategy applied to NICOLA MINING INC

The following chart shows the result of the investment strategy applied to NICOLA MINING INC:

NICOLA MINING INC

Note: the dividends potentially given by NICOLA MINING INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NICOLA MINING INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on NICOLA MINING INC:

NICOLA MINING INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NICOLA MINING INC

In this section, I will compare the three previous investment strategies applied to NICOLA MINING INC.

Equity curve comparison on NICOLA MINING INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NICOLA MINING INC investment strategy comparison

Employed capital comparison on NICOLA MINING INC

NICOLA MINING INC investment comparison

Performance comparison on NICOLA MINING INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -12.22% -274.92C$ 2250.05C$ -2.88%
Momentum 1 quarter 12.61% 756.83C$ 6000.55C$ 3.15%
Momentum 2 quarters 14.87% 780.68C$ 5250.2C$ 3.95%
Non-directional 17.17% 214.65C$ 1249.97C$ 7.67%
Annualized return comparison

Automatic investment

-2.88 %

Momentum 1Q

3.95 %

Momentum 2Q

3.95 %

Non-directional

7.67 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NICOLA MINING INC:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between NICOLA MINING INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of NICOLA MINING INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name NICOLA MINING INC
Country Canada
City Lower Nicola
Address 3329 Aberdeen Road
Phone
Website nicolamining.com
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XTSX
Ticker NIM.XTSX
Market www.tsx.com

NICOLA MINING INC ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown