Nickel Industries Limited (ASX:NIC)
Australia · Delayed Price · Currency is AUD | Market Cap | 2.95B -9.9% |
| Revenue (ttm) | 2.54B +1.6% |
| Net Income | -22.91M |
| EPS | -0.01 |
| Shares Out | 4.34B |
| PE Ratio | n/a |
| Forward PE | 9.18 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,821,026 |
| Open | 0.6800 |
| Previous Close | 0.6900 |
| Day's Range | 0.6650 - 0.6900 |
| 52-Week Range | 0.6600 - 1.1250 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 1.19 (+75.0%) |
| Earnings Date | Oct 21, 2026 |
About Nickel Industries
Nickel Industries Limited engages in nickel ore mining, nickel pig iron, cobalt, and nickel matte production activities. It also produces mixed hydroxide precipitate for use in the electric vehicle supply chain. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. The company was incorporated in 2007 and is based in Sydney, Australia. [Read more]
Financial Performance
In 2025, Nickel Industries's revenue was $1.65 billion, a decrease of -5.47% compared to the previous year's $1.74 billion. Losses were -$57.06 million, -66.15% less than in 2024.
Financial numbers in USD Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for NIC stock is "Buy." The 12-month stock price target is $1.19, which is an increase of 75.00% from the latest price.
News
Nickel Industries Earnings Call Transcript: H1 2026
World-class safety and ESG performance accompanied strong financial results, with adjusted EBITDA up 46% year-over-year and robust segment margins. Major milestones included first MHP and cathode production at ENC, a $1.3 billion Sampala resource upgrade, and a clear path to $1 billion EBITDA in 2–3 years.
Nickel Industries Quarterly report: H1 2026
Nickel Industries has published its H1 2026 quarterly earnings report on August 25, 2026.
Nickel Industries Slides: H1 2026
Nickel Industries has posted slides in relation to its H1 2026 quarterly earnings report, which was published on August 25, 2026.
Nickel Industries Earnings Call Transcript: Q2 2026
Strong operational and financial performance was highlighted by record EBITDA at Hengjaya Mine, first MHP production at ENC HPAL, and robust ore pricing. Maintenance impacted RKEF results, but rising NPI prices and strategic investments position the company for a stronger 2026.
Nickel Industries Earnings release: Q2 2026
Nickel Industries released its Q2 2026 earnings on July 28, 2026, summarizing the period's financial results.
Nickel Industries Slides: Q2 2026
Nickel Industries has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 28, 2026.
Nickel Industries Transcript: Investor update
Two major transactions expand HPAL exposure, monetizing Sampala at a significant uplift and securing 17,000 tonnes of attributable nickel in MHP. Projects are fully funded, with strong EBITDA potential and operational flexibility, while government moratoriums limit further NPI/HPAL expansion.
Nickel Industries Slides: Investor update
Nickel Industries has posted slides in relation to its latest quarterly earnings report, which was published on June 23, 2026.
Nickel Industries Press release: Investor update
Nickel Industries issued a press release on June 23, 2026, disclosing material business information to investors.
Nickel Industries Transcript: AGM 2026
The meeting covered strong financial results, major project updates, and strategic partnerships, with all resolutions put to poll and results to be released. Dividend reinstatement is a priority, and expansion projects are progressing, supported by improved capital structure.
Nickel Industries Slides: FY 2026
Nickel Industries has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 25, 2026.
Nickel Industries Earnings Call Transcript: Q1 2026
Adjusted EBITDA reached $135.6 million, driven by higher margins and strong ore sales, while new financing improved flexibility and net debt to EBITDA stands at 2.3x. ENC commissioning is on track despite minor delays, and market volatility in sulfur and ore prices remains a key risk.
Nickel Industries Earnings release: Q1 2026
Nickel Industries released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.
Nickel Industries Slides: Q1 2026
Nickel Industries has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 28, 2026.
Nickel Industries Earnings Call Transcript: H2 2025
Record production and robust EBITDA were achieved despite lower nickel prices and quota-related disruptions. Major project milestones, strong HPAL margins, and a successful bond refinancing position the company for significant EBITDA growth in 2026.
Nickel Industries Slides: H2 2025
Nickel Industries has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 22, 2026.
Nickel Industries Annual report: H2 2025
Nickel Industries has published its H2 2025 annual report on February 22, 2026.
Nickel Industries Earnings Call Transcript: Q4 2025
Strong safety and ESG achievements, record EBITDA margins for ENC, and a $2.4B ENC stake sale highlight the quarter. Higher nickel and cobalt prices support a positive outlook, with key projects advancing and government quota risks managed.
Nickel Industries Earnings release: Q4 2025
Nickel Industries released its Q4 2025 earnings on January 28, 2026, summarizing the period's financial results.
Nickel Industries Slides: Q4 2025
Nickel Industries has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on January 28, 2026.
Nickel Industries Earnings Call Transcript: Q3 2025
Strong safety and sustainability performance, record mining sales in July and August, and robust EBITDA growth in RKEF and HPAL segments were achieved despite regulatory-driven sales limits. New bond issuance optimized the debt profile and reduced funding costs.
Nickel Industries Earnings release: Q3 2025
Nickel Industries released its Q3 2025 earnings on October 27, 2025, summarizing the period's financial results.
Nickel Industries Slides: Q3 2025
Nickel Industries has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 27, 2025.