Sprott Nickel Miners ETF
NIKL

$12.76

3.57%

Market Cap: $11M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

731% more capital invested

Capital invested by funds: $522K [Q1] → $4.34M (+$3.82M) [Q2]

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

100% more funds holding

Funds holding: 2 [Q1] → 4 (+2) [Q2]

19.75% more ownership

Funds ownership: 15.16% [Q1] → 34.9% (+19.75%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for NIKL.

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Financial journalist opinion

Supply Disruptions, Weaker U.S. Dollar Could Push Nickel Higher

The adoption of electric vehicles (EVs) hasn't quite caught on with consumers, adding to a supply glut for nickel. However, the potential of supply disruptions combined with a weaker dollar could push the metal's prices higher in the long-term investment horizon.

Supply Disruptions, Weaker U.S. Dollar Could Push Nickel Higher

Growing EV Market Makes Nickel Miners an Attractive Option

The ongoing electrification push in the automotive market will spur heavy demand for nickel. In turn, this makes nickel mining stocks an attractive option or more specifically, the Sprott Nickel Miners ETF (NIKL).

Growing EV Market Makes Nickel Miners an Attractive Option

Nickel Miners News For The Month Of April 2024

Nickel spot prices were significantly higher the last month. Nickel market news - US & UK prohibit import of Russian-origin aluminum, copper, and nickel. The U.S. Loans Program Office has added supply/production of critical minerals to the list. Nickel company news - Ardea, Sumitomo Metal Mining (SMM) and Mitsubishi Corporation [MC] to form a JV to develop the Kalgoorlie Nickel Project (KNP) – Goongarrie Hub.

Nickel Miners News For The Month Of April 2024

Zacks Investment Research

Mining ETFs Win in Turbulent April With Double-Digit Gains

Wall Street is on track for its worst month in 2024. The decline has been broad-based.

Mining ETFs Win in Turbulent April With Double-Digit Gains

Nickel Miners News For The Month Of March 2024

Nickel spot prices were lower the last month and remain very low causing distress to the nickel miners. Nickel market news - Macquarie - Nickel market surplus just 36,000t this year. Nickel prices may soon recover from Indonesia-induced slump. Nickel company news - Vale to build another $2B HPAL plant in Indonesia. BHP has stood down around a quarter of the workforce building its $1.7B West Musgrave Nickel Project.

Nickel Miners News For The Month Of March 2024

Investing in Copper Miners

Sprott Asset Management launches its copper miners ETF. Steve Schoffstall discusses Sprott Copper Miners ETF as it provides exposure to large, mid, and small-cap copper miners.

Investing in Copper Miners

Nickel Miners News For The Month Of February 2024

Nickel spot prices were higher for the last month. Morgan Stanley suggests the possibility nickel (price) is close to a trough “looks increasingly likely". Nickel market news - EU, US to align global minerals push against China's supply grip. US moves to restore stockpiling ‘panic button' in EV metals fight with China. Nickel company news - BHP writes down value of Australian nickel assets after nickel price collapse. Eramet achieves a new record for nickel ore volumes in Indonesia (+72%) in 2023.

Nickel Miners News For The Month Of February 2024

Nickel Miners News For The Month Of January 2023

Nickel spot prices were flat for the last month. Nickel market news - Macquarie forecasts surpluses for the nickel market all the way out to 2027. Fastmarkets - Surge in nickel production capacity to lead to structural oversupply. Nickel company news - BHP warns on the impact of low nickel prices. IGO decides to put Cosmos Nickel Project into care and maintenance.

Nickel Miners News For The Month Of January 2023

Nickel Miners News For The Month Of December 2023

Nickel spot prices were flat for the last month. Low nickel prices leads to BHP issuing dire warning on nickel mines. 2024 nickel supply is set to outpace growth, which will suppress prices and exert pressure on producers' margins. In nickel company news - Panoramic Resources collapses into Voluntary Administration. Premium Nickel Resources drills 10.45 metres of 1.45% NiEq.

Nickel Miners News For The Month Of December 2023

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