Nickel Mines Ltd. (NIC) Receives a Buy from UBS

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UBS analyst Dim Ariyasinghe maintained a Buy rating on Nickel Mines Ltd. today and set a price target of A$1.20.

According to TipRanks, Ariyasinghe is a 4-star analyst with an average return of 22.1% and a 63.93% success rate. Ariyasinghe covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths , Iluka Resources Limited, and Nickel Mines Ltd..

In a report released on August 27, Canaccord Genuity also maintained a Buy rating on the stock with a A$1.10 price target.

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