Nickel Industries (OTCMKTS:NICMF) Trading Down 5.4% – What’s Next?

Nickel Industries Limited (OTCMKTS:NICMFGet Free Report)’s stock price fell 5.4% on Tuesday . The company traded as low as $0.53 and last traded at $0.53. 2,925 shares changed hands during trading, a decline of 85% from the average session volume of 19,012 shares. The stock had previously closed at $0.56.

Nickel Industries Price Performance

The firm’s 50 day moving average price is $0.54 and its two-hundred day moving average price is $0.56.

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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