Nicola Mining (CVE:NIM) Shares Down 10%

Nicola Mining Inc (CVE:NIM) shares fell 10% during trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, 147,000 shares traded hands during trading. An increase of 12% from the average session volume of 130,765 shares. The stock had previously closed at C$0.10.

The business has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.10. The company has a market capitalization of $23.53 million and a price-to-earnings ratio of 45.00.

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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