Jun. 3 at 4:01 PM
Noble Capital Markets Research Report: Nicola Mining Inc. (
$HUSIF) – Switching into High Gear
First quarter 2025 financial results. Nicola Mining (TSX.V: NIM, OTCQB: HUSIF) reported a first quarter 2025 loss of C
$475,808 or C$(0.00) per share compared to a loss of C
$1,028,129 or $(0.01) per share during the prior year period. We had projected a loss of C
$1,044,879 or C$(0.01) per share. The variance to our estimates was largely due to a gain on marketable securities. We increased our 2025 net income and EPS estimates to C
$8,803,755 and C
$0.05 per share, respectively, from C
$7,724,367 and C
$0.04. We updated our commodity grade assumptions, along with higher metals price estimates based on actual April and May pricing and CME futures settlements for the remainder of the year.
Read more: https://www.channelchek.com/news-channel/nicola-mining-inc-husif-switching-into-high-gear