Nickel Industries (OTCMKTS:NICMF) Trading 8.8% Higher – Here’s What Happened

Nickel Industries Limited (OTCMKTS:NICMFGet Free Report)’s stock price was up 8.8% during trading on Wednesday . The company traded as high as $0.42 and last traded at $0.40. Approximately 9,500 shares traded hands during mid-day trading, an increase of 26% from the average daily volume of 7,555 shares. The stock had previously closed at $0.37.

Nickel Industries Stock Performance

The business has a 50 day moving average of $0.48 and a 200 day moving average of $0.54.

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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