Articles On Nickel Mines (ASX:NIC)

The S&P/ASX 200 Index (ASX: XJO) fell by around 0.7% today to 7,379 points. Here are some of the highlights from the ASX today: Spark Infrastructure Group (ASX: SKI) The Spark share price rose by over 5% today after there was a highe...

The winning streak for local stocks ran out of steam today, as all the major ASX200 indexes dipped into the red. After two straight days of >1% gains, the ASX200 Materials index (mining) dipped by around 0.70% in Wednesday trade. The ASX...

NICKEL Mines director and CFO Peter Nightingale has indicated the company is under pressure to pay more dividends but needs to balance such use ...

Summary Openpay (ASX:OPY) delivers strong growth in Q4 FY21, marks 141% rise in active plans Rio Tinto (ASX:RIO) commits to fund Jadar lithium project Cashrewards’ (ASX:CRW) future Max™ launch begets strong growth in June quarter...

The Nickel Mines Ltd (ASX: NIC) share price is the worst performer on the S&P/ASX 200 Index (ASX: XJO) on Wednesday. In early afternoon trade, the nickel producer’s shares are down 7% to $1.09. Why is the Nickel Mines share price sinki...

Summary The ASX 200 traded lower by 24 points or 0.32% at 7,408 by the lunch. Six of 11 sectors were in red, while tech and energy dropped the most. Investment fund Spark Infrastructure Group was the top performer with 5% gain. ...

Stocks continue to fall after the NSW government extends Covid lockdown until late August. Nickel Mines is the biggest loser on the ASX200, down more than 4 per cent. Inflation rose 0.8 per cent in the June quarter.

The ASX 200 touched intraday record highs, but could not hold on and closed the day just shy of its all time high. The benchmark index finished 0.46% higher at 7,428, and is now on track to finish July on a 10-month winning streak. Six out...

It took a full five years for electric vehicle sales to reach 1 million in 2015. Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years. In China about 235,000 plug-ins were sold in Ju...

Pacific Nickel has completed the first stage of infill drilling at its Kolosori direct shipping ore (DSO) nickel project on Isabel Island in the Solomon Islands. A total of 83 holes were drilled, 11 for metallurgical test work and the other...

The ASX200 opened higher before trading flat into the close, as other major indexes across Asia struggled for traction to start the week. Without the mining sector it would’ve been a sadder story, as the ASX200 Materials index closed more t...

Summary The S&P/ASX200 rose 0.3% to hit an all-time high of 7,417.60, breaching its previous high touched in June.    Seven of the 11 sectors were trading in the red, while material and healthcare gained the most. NSW recorded 145...

Summary  The S&P/ASX200 rose 8 points or 0.11% to hit a new closing high of 7,394.4. The market was supported by solid gains in health care and tech stocks. New South Wales recorded 136 new locally acquired COVID-19 cases, the hig...

Local stocks continued to edge higher to end the week, although there was a notable tone of caution compared to the previous three days. The ASX200 finished almost flat at 0.11%, only dragged into the green by the Consumer Staples index (co...

Summary The S&P/ASX200 was trading marginally higher by the lunchtime, reversing opening losses. The benchmark index dropped as much as 4% to 7,357 in the opening trade. Seven of the 11 sectors were trading in green, while health...

While multiple states continue grappling with COVID-19 outbreaks, the ASX stayed buoyant on Thursday to chalk up healthy gains for the third straight session. Mining and materials stocks continued their rebound from earlier in the week, as...

Summary  The S&P/ASX200 ended lower for the second day, falling 0.46% to 7,252. The index fell as much as 1.1% to hit an intraday low of 7,205, setting a new 20-day low. Material and energy sectors emerged as top laggards for the...

Most ASX large cap sectors finished in the red today, in a topsy-turvy session which saw the ASX200 fall sharply at the open then claw back ground, before losing steam into the close of trade. Yesterday’s rotation out of large cap mining &a...

Summary The S&P/ASX200 opened lower and declined as much as 1.1% to hit a low of 7,205. The index was down just 0.12% by the lunchtime, supported by gains in health care and tech stocks. Seven of 11 sectors were floating in red, w...

There were few winners at the big end of town, as local stocks sold off sharply following a weak lead from Wall Street. The ASX200 Energy index fell by more than two per cent, accompanying a selloff in oil prices after OPEC member states ag...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Only four battery gigafactories — super-sized producers of lithium-ion battery cells — were being planned in 20...

Summary The S&P/ASX200 closed 20 points or 0.83% higher at 7,333.50. The index gained 1% intraday to 7,353, crossing above its 20-day moving average. Eight of 11 sectors ended in green, while materials and realty gained the most....

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Summary The ASX 200 was trading higher by 21.90 points or 0.30% at 7,287.50 by Friday afternoon. Barring tech, all sectors were trading in green, while energy was the top gainer. Gaming start-up BlueBet Holding made strong debut on th...

Iron ore explorers Carpentaria and Genmin make substantial gains as prices surge  IP survey identifies “exciting” 2.5km-long anomaly at SI6 Metal’s ‘Airstrip’ prospect Here are the biggest small cap resources winners in early trade, Tuesd...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Pacific Nickel’s first foray into exploration in the Solomon Islands has paid off with all 26 holes drilled at its Jejevo DSO project intersecting nickel mineralisation. Notable intersections from the drill program, which returned near-surf...

World Overnight SPI Overnight (Jun) 7244.00 + 89.00 1.24% S&P ASX 200 7235.30 – 133.60 – 1.81% S&P500 4224.79 + 58.34 1.40% Nasdaq Comp 14141.48 + 111.10 0.79% DJIA 33876.97 + 586.89 1.76% S&P500 VIX 17.89 – 2.81 –...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Fertoz Ltd (ASX:FTZ) topped the pops with a red hot 14-day RSI of 93 after two massive days to finish the week. A total of 18 ASX companies posted a 14-day RSI above 70 last week, down from 25 in the week prior. Each week, Stockhead recaps...

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

World Overnight SPI Overnight (Jun) 7394.00 + 6.00 0.08% S&P ASX 200 7386.20 + 6.70 0.09% S&P500 4223.70 – 22.89 – 0.54% Nasdaq Comp 14039.68 – 33.17 – 0.24% DJIA 34033.67 – 265.66 – 0.77% S&P500 VIX 18.15 + 1.13 6...

Summary The ASX 200 breached 7,400 level for the first time to hit a fresh high of 7,406.20. The index closed 6.70 points higher at 7,386.20 ahead of the US Fed meeting scheduled tonight. The widely anticipated US Fed policy statement...

Our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   The structural shift from fossil fuels to green energy is all but locked in. Now t...

Summary The ASX 200 gained as much as 1.2% to hit a new high of 7,398.60 during the day’s trade on Tuesday. Nine of 11 sectors traded in green, while Healthcare sector emerged as the top performer with 2.3% gain. Nuix shares gained 4....

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Thomson Resources (ASX:TMZ) is building resources at its New England Fold Belt ‘hub and spoke’ silver projects. The explorer is ready to hit the ground running after consolidating a string of key assets on the NSW and Queensland Tablelands...

Thomson Resources (ASX:TMZ) has engaged leading mining consultants, AMC Consulting, to collaborate with the company’s technical and metallurgical consultants to deliver new JORC mineral resource estimates for its 100% owned Conrad, Silver S...

ShareCafeIGO – Macquarie rates the stock as Outperform The Macquarie commodities teams has revisited the demand for base metals. In particular, there’s considered to be positive signs for global copper demand. The demand momentum for Nickel...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

The shares are trading in green on Wednesday morning. The market is upbeat, as Reserve Bank of Australia said that the economy has been recovering faster than anticipated earlier. The benchmark S&P/ASX200 was up 58.40 points or 82 basi...

The price difference between electric vehicles and their conventional petrol/diesel peers – a key obstacle to widespread EV adoption – is closing at an accelerated rate. Affordability = more EVs on the roads = more demand for battery metals...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

Pacific Nickel Mines has launched a non-renounceable entitlement issue of options to raise $859,580. Shareholders will be able to subscribe for one 1.2 ...

Summary The ASX 200 is heading towards its worst performance since late February, down 2% at 6924.10 at the close. The market breadth was extremely week, with all the 11 sectoral indices trading in red. EML Payments shares plunged ove...