Nickel Mines Limited [ASX:NIC] share price and news 2022

Company Description

Nickel Mines Limited (NIC) is an Australian public company emerging as a globally significant, low cost producer of nickel pig iron (‘NPI’), a key ingredient in the production of stainless steel.

Nickel Mines Limited belongs to Materials sector and under industry of Diversified Metals & Mining. You can get more information about this company via their website: http://www.nickelmines.com.au.

This is a mid cap company with market cap of 3571 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than sector but less than market. while Company PB is greater than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 18.1 2.93 0.91
Market 0.85 22.3 1.99 0.84
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how nic dividend grows in the recent years.Nickel Mines Limited has dividend yield of 2.22%