Sep. 2 at 1:52 PM
Noble Capital Markets Research Report: Nicola Mining Inc. (
$HUSIF) – Early Innings of a Compelling Growth Story
Second quarter financial results. Nicola Mining Inc. (OTCQB: HUSIF, TSX.V: NIM) reported net income of C
$1,181,286, or C
$0.01 per share, compared to a net loss of C
$2,519,885, or C$(0.02) per share, during the second quarter of 2024. We had projected a net loss of C
$1,077,068, or C$(0.01) per share. The variance to our estimate was mostly due to a revaluation gain on marketable securities. We increased our 2025 net income and EPS estimates to C
$11,004,631 and C
$0.06 per share, respectively, from C
$7,582,855 and C
$0.04. We updated our commodity price assumptions based on actual July and August pricing and CME futures settlements for the remainder of 2025 and 2026.
Read more: https://www.channelchek.com/news-channel/nicola-mining-inc-husif-early-innings-of-a-compelling-growth-story