Nicola Mining (NASDAQ:NICM) Upgraded by Maxim Group to Strong-Buy Rating

Maxim Group upgraded shares of Nicola Mining (NASDAQ:NICM) to a strong-buy rating in a report issued on Thursday morning,Zacks.com reports.

NICM has been the topic of a number of other reports. Noble Financial raised Nicola Mining to a “strong-buy” rating in a report on Wednesday, May 27th. Zacks Research upgraded shares of Nicola Mining to a “hold” rating in a research report on Thursday, May 28th. Finally, Atrium Research raised shares of Nicola Mining to a “strong-buy” rating in a research note on Monday, June 1st. Three equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and a consensus price target of $12.00.

Nicola Mining Price Performance

NICM opened at $6.16 on Thursday. Nicola Mining has a 12-month low of $5.41 and a 12-month high of $10.60. The stock has a market capitalization of $117.82 million and a PE ratio of -616.00.