TSE:RNX

0.48
0.01 (1.03%) 1d
0
Showing 1 to 15 of 21 entries
DON'T BUY
This should be going up as with other stocks in this sector. If it is not, then you should own something else. There was a bottom in May that we tested, so that is positive. The relative strength vs. the index is not good.
Mining
COMMENT
RNX is producing as opposed to drilling like many companies are. They're also generating good cash flow. But continuity is a concern. Brent Cook: restrictive, small but high-grade veins.
Mining
WATCH
They used to be a nickel asset but the focus is now on gold assets in Australia. It is a low grade/high cost mine. They found the gold zone was small but now got into another zone with fantastic grades. The market has soared. They have now mined out the high grade zone. The risk reward is unfavorable at this price. He is watching the name.
Mining
DON'T BUY
Once in a while they have a big run. He hasn't look at this in years, but he feels this doesn't gain traction for very long. If you do buy, determine an exit level (selling price), because it never seems to go up and stay up.
Mining
RISKY BUY
They have announced a gold find in Australia recently. He thinks it is very early days and they need to prove things up. He thinks investors are looking for this company to be acquired. He hopes they are successful, but views it as speculative at this point.
Mining
WATCH
He's watching it. It's likely that money will flow into precious metals. But names like this are highly spectulative. If he'd buy it, it'd be a small position.
Mining
COMMENT
It's harder to apply technicals to a small-cap stock. They've had a downtrend since 2014, but only recently broke this into a sharp uptrend. You want to see it hold at 60-cents. They need to announce some good news to push the stock up. Technicals can reveal only so much.
Mining
DON'T BUY
They hit an amazing seam of gold. But he doesn't see enough geological information to assume a lot of material there, though the grade appears to be spectacular.
Mining
WATCH
You have to have a lot of patience with these stocks. A lot of companies go through these changes where they transform to something completely different. It looks like it is going through the phase of the next press release causing the next upside move. If it gets above $0.90 it would be a breakout and definitely above $1.10. It has to break out before you buy it. If you bought below $0.10 then take half your position off.
Mining
RISKY BUY

Doesn't generate much free cash flow but occasionally they find very high-grade nickel like recently. This has helped their debt. They are now focused on Beta Hunt in Australia. It's a nice speculative play.

Mining
COMMENT

They were trying to sell their Australian gold assets and found gold in the process. There is much talk of the Quebec nickel project that would require a $1 billion of investment. They ran out of patience waiting for projects to be developed, so have not bought back into it.

Mining
WATCH

They did a royalty deal. They are getting caught up in the cobalt story. He has been in and out of the name. It is a morphed animal. You will get a little more press on it. He is out for now. He is watching it.

Mining
COMMENT

In some way, this company has transitioned positively. They now have revenues. Have lowered their operating costs. Still losing a lot of money, about $12 million last quarter. A few years ago, they had around 90 million shares, but now have about 307 million shares, which makes it very, very hard on the upside. There could be a further dilution. Speculative.

Mining
COMMENT

This is a small-cap company. He recently did a flow-through financing for them. Despite the name, this is going to be producing gold and copper in the 2nd half of 2017. It will probably generate $15-$20 million in cash flow in the 2nd half of 2017.

Mining
COMMENT

(Market Call Minute.) Doesn’t understand the gold deposit well enough to own it at this price.

Mining
Showing 1 to 15 of 21 entries

Royal Nickel Corp (RNX-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Royal Nickel Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Royal Nickel Corp (RNX-T) Frequently Asked Questions

What is Royal Nickel Corp stock symbol?

Royal Nickel Corp is a Canadian stock, trading under the symbol RNX-T on the Toronto Stock Exchange (RNX-CT). It is usually referred to as TSX:RNX or RNX-T

Is Royal Nickel Corp a buy or a sell?

In the last year, there was no coverage of Royal Nickel Corp published on Stockchase.

Is Royal Nickel Corp a good investment or a top pick?

Royal Nickel Corp was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Royal Nickel Corp .

Why is Royal Nickel Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Royal Nickel Corp worth watching?

0 stock analysts on Stockchase covered Royal Nickel Corp In the last year. It is a trending stock that is worth watching.

What is Royal Nickel Corp stock price?

On 2020-06-16, Royal Nickel Corp (RNX-T) stock closed at a price of $0.48.