Nicola Mining (CVE:NIM) Trading 11.1% Higher

Nicola Mining Inc (CVE:NIM)’s stock price traded up 11.1% during mid-day trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10, 150,000 shares were traded during mid-day trading. An increase of 19% from the average session volume of 126,574 shares. The stock had previously closed at C$0.09.

The firm has a market cap of $23.53 million and a P/E ratio of -20.00. The stock has a 50 day simple moving average of C$0.10 and a 200-day simple moving average of C$0.10.

Nicola Mining Company Profile (CVE:NIM)

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 silver, lead, zinc, and copper deposits. It holds a 100% interest in the Treasure Mountain project comprising 30 mineral claims and 1 mineral lease located to the northeast of Hope, British Columbia; and the New Craigmont project consisting of 20 contiguous mineral claims covering approximately 10,084 hectares, and 10 mineral leases covering approximately 347 hectares located in the Guichon Batholith region.

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