Considering investing in nickel mining stocks? While the best nickel mining stocks depend on your portfolio and investment goals, we've identified some nickel mining stocks that are worth keeping an eye on in the nickel sector. Keep reading to learn more about nickel mining stocks and how to start investing.
10 popular nickel mining stocks to watch
We round up a selection of stocks in or related to the nickel industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Canada Nickel Company (CNC.V) | (data unavailable) | $260.8 million (CAD) | TSX Venture Exchange | (data unavailable) | Buy now |
| Sibanye Gold Ltd ADR (SBSW.US) | (data unavailable) | $9.6 billion (USD) | NYSE | (data unavailable) | Buy now |
| Materion Corporation (MTRN.US) | (data unavailable) | $2.5 billion (USD) | NYSE | (data unavailable) | Buy now |
| N/A (NIC.AU) | (data unavailable) | (data unavailable) | N/A | (data unavailable) | Buy now |
| GMK Norilskiy Nikel PAO (GMKN.MCX) | 21.76% | ₽2.1 trillion (RUB) | MICEX Russia | 15,771,220 | Buy now |
| N/A (POS.AU) | (data unavailable) | (data unavailable) | N/A | (data unavailable) | Buy now |
| WisdomTree Nickel (NICK.LSE) | (data unavailable) | (data unavailable) | London Stock Exchange | (data unavailable) | Buy now |
| Jinchuan Group International Resources Co (2362.HK) | (data unavailable) | HK$8.4 billion (HKD) | Hong Kong Stock Exchange | (data unavailable) | Buy now |
| Glencore (GLEN.LSE) | 1.30% | £424 million (GBP) | London Stock Exchange | 57,072,810 | Buy now |
| BHP Group (BHP.LSE) | 3.01% | £1.1 billion (GBP) | London Stock Exchange | 1,237,340 | Buy now |
What to look for when investing in nickel mining stock
The nickel industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering nickel mining stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in nickel mining stock
- Research the nickel industry. Before investing, learn about the nickel mining stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the nickel mining stock(s) to buy. Search by company name or ticker symbol, like SBSW or MTRN. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy nickel mining stocks
Are nickel mining stocks a good investment?
While it's possible to turn a profit investing in nickel mining stocks, keep in mind that—like any investment—nickel mining stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the nickel industry, so carefully vet your picks before you invest.What are the best nickel mining stocks?
A lot of factors go into picking the best nickel mining stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong nickel mining stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular nickel mining stocks in or related to the nickel industry to help narrow down your options:
- Canada Nickel Company (CNC)
- Sibanye Gold Ltd ADR (SBSW)
- Materion Corporation (MTRN)
- N/A (N/A)
- GMK Norilskiy Nikel PAO (GMKN)
- N/A (N/A)
- WisdomTree Nickel (NICK)
- Jinchuan Group International Resources Co (2362)
- Glencore (GLEN)
- BHP Group (BHP)
Keep in mind that this is not a "best" list or a recommendation. It highlights some nickel mining stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each nickel mining stock below. Keep reading to decide if any of these companies are the right investment for you.
Canada Nickel Company (CNC)
Canada Nickel Company Inc. , together with its subsidiaries, engages in the exploration, discovery, and development of nickel sulphide assets for electric vehicle, green energy, and stainless steel markets in Canada. The company's flagship project is the Crawford Nickel project located in northern Ontario, Canada.
| Market Capitalization | C$260.8 million |
|---|---|
| Earnings per share (TTM) | -C$0.10 |
| 52-week stock price range | C$0.74 – C$1.74 |
Sibanye Gold Ltd ADR (SBSW)
Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; lithium; zinc; nickel; and silver, cobalt, and copper. Sibanye Stillwater Limited was founded in 2013 and is headquartered in Weltevredenpark, South Africa.
| Market Capitalization | $9.6 billion |
|---|---|
| Gross profit (TTM) | $16.3 billion |
| Profit margin | -3.18% |
| Revenue (TTM) | $111.7 billion |
| Earnings per share (TTM) | -$0.29 |
| 52-week stock price range | $3.05 – $13.40 |
Materion Corporation (MTRN)
Materion Corporation, together with its subsidiaries, produces advanced engineered materials in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. It provides beryllium and non-beryllium containing alloy systems and custom engineered metal solutions in strip, bulk, rod, plate, bar, tube, and other customized shapes; engineering and product development services; alloyed metals, beryllium products, and beryllium hydroxide; precision strip, rod, wire, and engineered strip metal products; ToughMet alloys; and SupremEX aluminum silicon carbide metal matrix composite formulation products.
| Market Capitalization | $2.5 billion |
|---|---|
| Gross profit (TTM) | $337.9 million |
| Profit margin | 1.12% |
| Revenue (TTM) | $1.7 billion |
| Earnings per share (TTM) | $0.93 |
| 52-week stock price range | $68.81 – $135.17 |
N/A (N/A)
N/A. . .
GMK Norilskiy Nikel PAO (GMKN)
Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, together with its subsidiaries, operates as a metals and mining company in Russia, Europe, Asia, North and South America, and CIS countries. The company operates through GMK Group, South Cluster, Kola Division, GRK Bystrinskoye, Other Mining, and Other Non-Metallurgical segments. It explores for, extracts, and refines ore and nonmetallic minerals; and sale of base and precious metals produced from ore.
| Closing stock price | ₽129.84 |
|---|---|
| Market Capitalization | ₽2.1 trillion |
| Gross profit (TTM) | ₽12.7 billion |
| Profit margin | 41.57% |
| Revenue (TTM) | ₽17.9 billion |
| Earnings per share (TTM) | ₽8.00 |
| 52-week stock price range | ₽93.04 – ₽150.14 |
N/A (N/A)
N/A. . .
WisdomTree Nickel (NICK)
N/A. . .
| 52-week stock price range | $12.52 – $15.05 |
|---|
Jinchuan Group International Resources Co (2362)
Jinchuan Group International Resources Co. Ltd, an investment holding company, engages in mining operations. The company explores for copper, cobalt, and copper concentrates.
| Market Capitalization | HK$8.4 billion |
|---|---|
| Gross profit (TTM) | HK$85.4 million |
| Profit margin | 1.71% |
| Revenue (TTM) | HK$594.8 million |
| 52-week stock price range | HK$0.50 – HK$0.81 |
Compare trading platforms to buy Nickel mining stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding nickel mining stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of nickel mining stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the nickel industry to know when to buy, sell or hold.Frequently asked questions about nickel mining stocks
Sources
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond nickel mining stocks, here are some others you can consider:More guides on Finder
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