Nickel Industries Limited (OTCMKTS:NICMF – Get Free Report)’s stock price dropped 11.2% on Thursday . The stock traded as low as $0.50 and last traded at $0.50. Approximately 12,700 shares traded hands during trading, an increase of 101% from the average daily volume of 6,329 shares. The stock had previously closed at $0.56.
Nickel Industries Price Performance
The company has a 50-day moving average of $0.56 and a 200-day moving average of $0.54.
About Nickel Industries
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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