Nicola Mining (CVE:NIM) Insider William Cawker Acquires 50,000 Shares

Nicola Mining Inc. (CVE:NIM) insider William Cawker purchased 50,000 shares of Nicola Mining stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average price of C$0.78 per share, with a total value of C$39,000.00. Following the completion of the transaction, the insider owned 150,000 shares of the company’s stock, valued at C$117,000. This represents a 50.00% increase in their position.

Nicola Mining Price Performance

Shares of NIM stock traded down C$0.02 during trading hours on Wednesday, hitting C$0.78. 10,323 shares of the company’s stock were exchanged, compared to its average volume of 162,063. Nicola Mining Inc. has a fifty-two week low of C$0.40 and a fifty-two week high of C$1.35. The firm has a market cap of C$179.03 million, a P/E ratio of -26.00 and a beta of 0.14. The company has a quick ratio of 0.26, a current ratio of 4.76 and a debt-to-equity ratio of 25.75. The firm has a 50 day moving average of C$0.87 and a two-hundred day moving average of C$0.98.

About Nicola Mining

Nicola Mining Inc, a junior exploration and custom milling company, engages in the identification, acquisition, and exploration of mineral property interests in Canada. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds a 100% interest in the Treasure Mountain project comprising 30 mineral claims covering 2,513 hectares, and 1 mineral lease covering an area of approximately 335 hectares located to the northeast of Hope, British Columbia; and the New Craigmont project consisting of 22 contiguous mineral claims covering approximately 10,913 hectares, and 10 mineral leases covering an area of approximately 347 hectares located in the Merritt, British Columbia.