(NIKL) Nickel Miners - Overview

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US85208P6007

Etf: Nickel Mining

Total Rating 68
Risk 79
Buy Signal -0.05

Dividends

Dividend Yield 2.87%
Yield on Cost 5y 2.45%
Yield CAGR 5y -62.07%
Payout Consistency 78.2%
Payout Ratio -
Risk 5d forecast
Volatility 50.3%
Relative Tail Risk -3.35%
Reward TTM
Sharpe Ratio 1.54
Alpha 58.49
Character TTM
Beta 0.864
Beta Downside 0.627
Drawdowns 3y
Max DD 60.23%
CAGR/Max DD 0.04

Description: NIKL Nickel Miners December 26, 2025

The Sprott Nickel Miners ETF (NASDAQ: NIKL) is a U.S.–based, non-diversified ETF that must allocate at least 80% of its assets to the underlying index, which targets companies deriving ≥ 50% of revenue or assets from nickel mining, nickel-related investments, or nickel supply.

Key sector drivers include the rapid growth in electric-vehicle (EV) battery demand-nickel accounts for roughly 30% of battery cathode material by weight-and supply-side constraints from major producers in Indonesia and the Philippines, which have tightened export quotas. Recent KPI data (Q3 2024) shows global nickel production at 2.6 million tons, while the average cash cost for top miners sits near $7,200 per ton, indicating a tight cost-structure environment that can amplify price sensitivity.

For a deeper, data-driven look at NIKL’s risk-adjusted returns and exposure metrics, consider checking ValueRay’s analytical dashboard.

What is the price of NIKL shares?

As of February 09, 2026, the stock is trading at USD 17.27 with a total of 315,684 shares traded.
Over the past week, the price has changed by -1.23%, over one month by -2.40%, over three months by +25.97% and over the past year by +74.94%.

Is NIKL a buy, sell or hold?

Nickel Miners has no consensus analysts rating.

What are the forecasts/targets for the NIKL price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 21.4 24%

NIKL Fundamental Data Overview February 09, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 82.6m USD (82.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 82.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 82.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.10% (E(82.6m)/V(82.6m) * Re(9.10%) + (debt-free company))
Discount Rate = 9.10% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for NIKL ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle