Nickel Industries (OTCMKTS:NICMF) Stock Price Up 4.9% – Time to Buy?

Shares of Nickel Industries Limited (OTCMKTS:NICMFGet Free Report) were up 4.9% on Thursday . The stock traded as high as $0.57 and last traded at $0.57. Approximately 500 shares changed hands during trading, a decline of 92% from the average daily volume of 6,138 shares. The stock had previously closed at $0.55.

Nickel Industries Price Performance

The company’s 50-day moving average is $0.61 and its 200-day moving average is $0.58.

About Nickel Industries

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Nickel Industries Limited engages in nickel ore mining, nickel pig iron, and nickel matte production activities. It is also involved in the production of 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.

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