` NKL (Nickel 28 Capital Corp) vs S&P TSX Composite Index (Canada) Comparison - Alpha Spread

NKL
vs
S
S&P TSX Composite Index (Canada)

Over the past 12 months, NKL has underperformed S&P TSX Composite Index (Canada), delivering a return of +4% compared to the S&P TSX Composite Index (Canada)'s +25% growth.

Stocks Performance
NKL vs S&P TSX Composite Index (Canada)

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Performance Gap
NKL vs S&P TSX Composite Index (Canada)

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NKL
S&P TSX Composite Index (Canada)
Difference
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Performance By Year
NKL vs S&P TSX Composite Index (Canada)

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Competitors Performance
Nickel 28 Capital Corp vs Peers

S&P TSX Composite Index (Canada)
NKL
RIO
BHP
RIO
GMEXICOB
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Nickel 28 Capital Corp
Glance View

Market Cap
62.5m CAD
Industry
Metals & Mining

Nickel 28 Capital Corp. is a base metals company. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-11-18. The firm holds approximately 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation located approximately 75 kilometers (km) west of the provincial capital of Madang on the north coast of Papua New Guinea. In addition, the Company manages a portfolio of approximately 13 nickel and cobalt royalties in Canada, Australia, and Papua New Guinea on about 11 exploration stage projects and two advanced / development stage projects. The company also focuses to invest in a battery metals-focused portfolio of streams, royalties and direct interests in mineral properties containing battery metals. The firm's royalties include Dumont Nickel Project, Turnagain Project, Flemington Project, Nyngan Project, Star Mountains, Sewa Bay, Professor & Waldman Properties, Triangle Property, Rusty Lake Property, North Canol Properties and Sunset Mineral Property.

NKL Intrinsic Value
1.15 CAD
Undervaluation 37%
Intrinsic Value
Price
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