5 Cheap Nickel Stocks to Invest In Today

3. Nickel Mines Limited (ASX:NIC)

Number of Hedge Fund Holders: N/A

Share Price as of March 11: $0.92

Nickel Mines Limited (ASX:NIC) is involved in nickel ore mining and nickel pig iron production. The company has operations in Singapore and Indonesia.

The company holds an 80% economic interest in the Hengjaya Mine, another 80% interest in the Ranger Nickel project, and a 70% interest in the Angel Nickel project. Nickel Mines Limited (ASX:NIC) was founded in 2007 and is headquartered in Sydney, Australia.

Nickel Mines Limited (ASX:NIC) has a market cap of $3.14 billion and the company’s revenue for 2021 was reported at $645.93 million. As of March 11, the share price for the stock sits at $0.92 and has gained 11.11% over the past six months.