Nicola Mining Inc. (V:NIM*CA)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 3329 Aberdeen Rd LOWER NICOLA BC V0K 1Y0 |
| Tel: | N/A |
| Website: | https://nicolamining.com |
| IR: | See website |
| Key People | ||
| Peter Espig President, Chief Executive Officer, Director | Warwick Bay Chief Financial Officer, Secretary | |
| Business Overview |
| Nicola Mining Inc. is a Canada-based junior mining company. The Company maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of approximately 10,913 hectares (ha) along the southern end of the Guichon Creek Batholith and is adjacent to Teck Resources Ltd.'s Highland Valley Copper. The Company also owns 100% of the Treasure Mountain Property, which comprises approximately 51 mineral tenures, 21 legacy claims: 100 cell units, and five crown grants for a total of approximately 2,850 ha. The Company's Merritt Mill Property is host to an active run gravel pit, which is located on District Lot 4234. Situated in the heart of the Thompson-Okanagan mining district, the Merritt mill and tailings site consists of approximately 980 acres of fee simple land. The Company also maintains a 75% economic interest in the Dominion Creek Property. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Nicola Mining Inc revenues was not reported. Net income totaled C$601K vs. loss of C$53K. Net income reflects Gravel, Ash, soil, and other income increase of 81% to C$8.1M (income), Impairment of exploration and evaluation decrease from C$225K (expense) to C$0K, Foreign exchange gain (loss) increase from C$55K (expense) to C$5K (income). |
| Employees: | 110 as of Dec 31, 2012 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $41.93M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$5.91M as of Dec 31, 2023 |
| Net annual income (TTM): | $0.60M as of Dec 31, 2023 |
| Free cash flow (TTM): | $3.82M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 166,682,092 as of Apr 26, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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