William Cawker Purchases 50,000 Shares of Nicola Mining (CVE:NIM) Stock

Nicola Mining Inc. (CVE:NIM) insider William Cawker bought 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average cost of C$0.78 per share, with a total value of C$39,000.00. Following the acquisition, the insider directly owned 150,000 shares of the company’s stock, valued at approximately C$117,000. This trade represents a 50.00% increase in their ownership of the stock.

Nicola Mining Stock Performance

CVE NIM traded down C$0.02 on Wednesday, hitting C$0.78. 10,323 shares of the company’s stock traded hands, compared to its average volume of 162,063. The firm’s 50-day moving average price is C$0.87 and its two-hundred day moving average price is C$0.98. The firm has a market capitalization of C$179.03 million, a PE ratio of -26.00 and a beta of 0.14. The company has a current ratio of 4.76, a quick ratio of 0.26 and a debt-to-equity ratio of 25.75. Nicola Mining Inc. has a 1-year low of C$0.40 and a 1-year high of C$1.35.

Nicola Mining Company Profile

Nicola Mining Inc, a junior exploration and custom milling company, engages in the identification, acquisition, and exploration of mineral property interests in Canada. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds a 100% interest in the Treasure Mountain project comprising 30 mineral claims covering 2,513 hectares, and 1 mineral lease covering an area of approximately 335 hectares located to the northeast of Hope, British Columbia; and the New Craigmont project consisting of 22 contiguous mineral claims covering approximately 10,913 hectares, and 10 mineral leases covering an area of approximately 347 hectares located in the Merritt, British Columbia.