Maxim Group Rates Nicola Mining (NICM) buy, $12 Price Target
Maxim Group maintains its buy rating on NICM with a $12 price target, a 89.72% upside from the current price.
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Maxim Group rated Nicola Mining Inc. ($NICM) "buy" with a $12 price target on June 18, 2026.
Since the rating, $NICM is down 1.1% after 1 week, down 5.4% after 1 month and down 14.8% to date (from the $6.16 close on Jun 18, 2026).
NICM
Nicola Mining Inc.
Key Points
- Maxim Group reiterated its buy rating on NICM, setting a $12 price target on June 18, 2026.
- Shares of NICM traded at $6.33, indicating potential upside based on the analyst's target.
- No insider transactions or peer fund activities were reported alongside this analyst action.
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Maxim Group has reiterated its buy rating on NICM, maintaining a price target of $12. This reaffirmation came from analyst Tate Sullivan on June 18, 2026. The analyst's outlook suggests confidence in NICM's potential, with the target price offering significant upside from the current trading price.
Nicola Mining Inc. Stock Up 5.7%
Shares of NICM last traded at approximately $6.33. While the specific market cap and P/E ratio were not provided, the reiterated buy rating and price target from Maxim Group suggest a positive outlook from the analyst.
$NICM price target
Nicola Mining Inc. daily closes and this analyst's $12 target. Not advice.
Analysts Set New Price Targets
On June 18, 2026, Maxim Group reiterated its buy rating on NICM, with a price target of $12. This indicates a bullish stance from the firm, as the target price is nearly double the current trading price. The analyst consensus and other analyst opinions were not available.
Bottom Line
Maxim Group's reiteration of a buy rating with a $12 price target highlights confidence in NICM's stock potential. Investors often track such analyst updates for insights into future performance expectations. The reiteration reflects the analyst's continued positive view on NICM, though it's important to remember that stock prices can fluctuate and past performance is not indicative of future results.
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Source: Maxim Group's rating change on $NICM (Jun 18, 2026). Written by software, not financial advice. How we make alerts