Nickel Asia Corporation (NCKAF) Stock

About Nickel Asia Corporation

Nickel Asia Corporation, established in 1977 and headquartered in Taguig City, Philippines, is a diversified enterprise primarily engaged in the extraction and exploration of mineral resources. The company's core operations revolve around mining nickel saprolite and limonite ores, alongside limestone and various quarry materials, throughout the Philippine archipelago. Operating through distinct Mining, Services, and Power segments, Nickel Asia manages four key mines: Rio Tuba, Taganito, Cagdianao, and Taganaan. In addition to these active sites, it maintains a portfolio of properties undergoing exploration for nickel, gold, and copper deposits. The nickel saprolite and limonite ores extracted are predominantly exported. These ores are vital inputs for producing ferronickel and nickel pig iron, which are subsequently used in stainless steel manufacturing. Limonite ore also plays a role in generating pig iron for carbon steel production. Beyond its mining endeavors, the Services segment encompasses the provision of marine services, the chartering of landing craft transport, and aircraft leasing. The company's interests further extend to the exploration, exploitation, and mining of other metallic minerals like iron, cobalt, and chromite, as well as various non-metallic minerals. It also participates in general engineering construction, materials handling for sectors such as construction, manufacturing, warehousing, and distribution, and engages in renewable energy generation through its Power division. Complementary business activities include trading, manufacturing, real estate development, and agribusiness.

Nickel Asia Corporation is headquartered in PH.

Nickel Asia Corporation (NCKAF) stock trades at $0.10 with a market capitalization of $1.39B. The stock is valued at a price-to-earnings (P/E) ratio of 14.34, price-to-book of 2.28, price-to-sales of 3.02. Over the past 52 weeks the stock has ranged between $0.04 and $0.10, and currently trades at its 52-week high. It pays a dividend yielding 10.00%.

On profitability, Nickel Asia Corporation generates a return on equity (ROE) of 16.03%, above the typical market average, return on capital employed of 20.31%, an operating margin of 40.44%, a net profit margin of 21.51%.

Official website: www.nickelasia.com