Nicola Mining Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	158	180	48	46	33	26
Market Cap Growth	98.76%	276.13%	4.40%	40.10%	25.04%	-28.87%
Enterprise Value	151.57	175.37	49.96	47.93	37.62	32.35
Last Close Price	0.67	0.97	0.29	0.28	0.22	0.18
PS Ratio	52.25	117.51	58.62	28.39	-	-
PB Ratio	211.14	-53.85	-4.89	-4.68	15.80	31.17
P/TBV Ratio	180.95	-	-	-	15.51	29.62
P/FCF Ratio	-	-	-	12.02	19.58	-
P/OCF Ratio	-	-	-	11.87	18.91	-
EV/Sales Ratio	50.00	114.24	61.06	29.63	-	-
EV/EBITDA Ratio	-	77.88	25.36	8.89	-	-
EV/EBIT Ratio	-	92.85	28.72	9.26	-	-
EV/FCF Ratio	-	-	-	12.54	22.47	-
Debt / Equity Ratio	0.13	-0.25	0.00	0.00	2.45	0.71
Debt / EBITDA Ratio	0.04	0.41	2.30	0.84	-	-
Debt / FCF Ratio	-	-	-	1.19	3.42	-
Net Debt / Equity Ratio	-9.07	1.50	-0.20	-0.20	2.33	7.28
Net Debt / EBITDA Ratio	-1.33	-2.23	1.01	0.37	-1.74	-1.77
Net Debt / FCF Ratio	0.92	0.87	-0.53	0.52	2.89	-2.43
Asset Turnover	0.19	0.12	0.08	0.11	0	0
Quick Ratio	4.53	1.68	0.52	0.52	1.69	0.24
Current Ratio	4.76	1.77	0.55	0.55	1.70	0.25
Return on Equity (ROE)	466.53%	83.94%	53.30%	85.94%	-3.62%	-654.69%
Return on Assets (ROA)	30.61%	14.98%	16.32%	35.61%	-5.00%	-30.61%
Return on Invested Capital (ROIC)	57.93%	18.45%	14.69%	35.92%	-4.52%	-26.30%
Return on Capital Employed (ROCE)	37.81%	25.28%	39.23%	47.55%	-26.01%	-45.74%
FCF Yield	-	-	-	8.32%	5.11%	-
Buyback Yield / Dilution	-16.41%	-12.45%	-4.43%	-8.22%	-5.67%	-10.96%
Total Shareholder Return	-16.41%	-12.45%	-4.43%	-8.22%	-5.67%	-10.96%