SPC Nickel Corp.
Delineates a Large Open-Pittable Nickel Resource
Published: 1/31/2024
Author: Sid Rajeev, B.Tech, CFA, MBA
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Sector: Basic Materials | Industry: Other Industrial Metals & Mining
Ticker Symbols:
SPC.V - NEO 🔹
SPCNF - NASDAQ 🔹
Rating and Key Data
Metrics | Value |
---|---|
Current Price | US $0.04 |
Fair Value | US $0.33 |
Risk | 5 |
Week Range | US $0.045 |
Shares O/S (M) | 0.135 |
Market Cap. (M) | US $7 |
Current Yield (%) | n/a |
P/E (forward) | n/a |
P/B | 4.9x |
Highlights
SPC has completed a maiden resource estimate for its West Graham Deposit (WGD) within the Lockerby East project in Sudbury, Ontario.
SPC has confirmed and expanded historic resources, with contained NiEq increasing by 31% (329 Mlbs to 430 Mlbs), and the average grade rising by 28% (0.54% to 0.70%).
Rating and Key Data
Metrics | Value |
---|---|
Current Price | US $0.04 |
Fair Value | US $0.33 |
Risk | 5 |
Week Range | US $0.045 |
Shares O/S (M) | 0.135 |
Market Cap. (M) | US $7 |
Current Yield (%) | n/a |
P/E (forward) | n/a |
P/B | 4.9x |