Nickel Industries (OTCMKTS:NICMF) Stock Price Down 4.3%

Nickel Industries Limited (OTCMKTS:NICMFGet Free Report)’s share price dropped 4.3% on Monday . The stock traded as low as $0.51 and last traded at $0.51. Approximately 4,000 shares changed hands during trading, a decline of 36% from the average daily volume of 6,286 shares. The stock had previously closed at $0.53.

Nickel Industries Stock Performance

The company’s 50 day moving average price is $0.61 and its two-hundred day moving average price is $0.53.

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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