Nickel Industries (OTCMKTS:NICMF) Shares Up 8.8% – Here’s What Happened

Nickel Industries Limited (OTCMKTS:NICMFGet Free Report) traded up 8.8% on Wednesday . The stock traded as high as $0.42 and last traded at $0.40. 9,500 shares were traded during trading, an increase of 26% from the average session volume of 7,555 shares. The stock had previously closed at $0.37.

Nickel Industries Trading Up 8.8 %

The company has a fifty day moving average of $0.48 and a two-hundred 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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