Nicola Mining (NASDAQ:NICM) Rating Increased to Strong-Buy at Maxim Group

Nicola Mining (NASDAQ:NICM) was upgraded by analysts at Maxim Group to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

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

Nicola Mining Stock Performance

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