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Nicola Mining Inc. (NICM) Options Positioning, Max Pain & Unusual Sweeps

$5.00 -7.92% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $4.92

Nicola Mining Inc. (NICM) carries a Roarable Rating of D (Sell) with 46/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (46/100 · D) historically underperformed SPY in 71% of rolling 90-day windows →
ROARABLE D • SELL / AVOID Cap $99.1M
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on NICM Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is NICM stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
▼

As of 2026-11-03, Nicola Mining Inc. (NASDAQ: NICM) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 46/100 at a spot price of $5.00 (-7.92% 1D, market cap $99.1M). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 9/20. Across 270 tracked Materials issuers, NICM ranks #129 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does NICM compare to PZG and LCU in the Materials sector?
▼

Within the Materials sector (Metal Mining), NICM carries a Roarable D (46/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, PZG (Paramount Gold Nevada Corp.) holds a E grade (29/100 RQD, P/E N/A, ROIC -22.0%, cap $78.8M) and LCU (Lion Copper Corp.) posts a E grade (30/100 RQD, P/E 15.7x, ROIC -35.0%, cap $65.0M). Among the 5-stock peer group, LCU leads on earnings multiple (15.7x) while PZG leads on capital efficiency (-22.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for NICM?
▼

For Nicola Mining Inc. (NICM), key quantitative strengths include Established market leader in Materials with deep daily trading liquidity. and sector rank #129 in Materials, while primary risk factors center on Company executives have done more routine share selling than personal cash buying lately. and Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $4.92 (-1.62%)🧬 Disciplined Float (-0.40% YoY Shares)⚙️ Cash Engine: 12/20 (C-) • 0.1% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record Warning: Scores below 50 (46/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-6.1% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERSELL / AVOID • D
025507510046
JEV AI Jury Split (Battleground)
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D+
Cash (12)Whales (3)SEC (13)Macro (9)CEO (9)
Each axis scored 0–20
12M PRICE TARGET CONE-5.4% Base Target
$11 Bull$5 Base$4 Bear
📬 FREE NICM RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for NICM)Realized 20D OHLCV Swing Band: ±8.2%
Deterministic 5-Pillar Attribution (46/100 Composite)
🔍 WHY NICM SCORES 46/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (28% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▲ #2 Bullish Driver: Cash Engine Quality+12/20 pts (26% of score)

SEC XBRL Trailing 12 Months: 0.1% FCF Margin ($2.8M FCF) & 52% Gross Margin

▼ #1 Drag / Risk Factor: Whale & Options Positioning4/20 pts (-16 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-16 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
54
Grade C-$5.45-5.1% Next Q
Q2 (-2Q)
51
Grade C-$5.17-4.3% Next Q
Q3 (-1Q)
49
Grade D$4.95+1% Next Q
Current
46
Grade D$5.00-6.1% Hist 90D α
Trajectory: C- (54) → D (46)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a NICM Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While NICM currently carries a cautious 46/100 (D) rating due to Whale & Options Positioning (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Materials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($5.71) and Max Pain ($5.25) forces dealer call-delta covering toward $11.13.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (-0.40% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $NICM• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “NICM Beats Next Quarter EPS Consensus (Upcoming Quarter) & Holds Above 200D SMA”
YES 46%NO 54%Trade / Inspect Odds →
CALL VS. PUT WHALE SHARE
— (No Active Options Snapshot)
Put/Call Ratio: — (No Active Options Snapshot)
MAX-PAIN EXPIRATION MAGNET
— (No Active Options Snapshot)
No active options chain max-pain snapshot on file
HISTORICAL 20D VOLATILITY SWING
±8.2%
Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (NICM)

— (No Active Options Snapshot) — No unusual CBOE strike concentration anomalies recorded in the current database snapshot for NICM.

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Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring NICM)

  • ✓Walkthrough of NICM's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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NICM // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -20.63%▼ DESCENDING CHANNEL
2026-11-03O $5.43H $5.43L $5.00C $5.00VOL 2.1K
RES: $6.85SUP: $4.64SMA50: $5.71SMA200: $6.06
$7.36$6.64$5.93$5.21$4.49RES $6.85SUP $4.64$5.002026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

NICM Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 NICM Butterfly Map → + Track NICM →
Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
8.0%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on NICM today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for NICM. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for NICM today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NICM)

Materials Rank #129 of 270 ⚔️ PZG vs NICM Full Matrix →

1. Head-to-Head Materials Peer Comparison (NICM vs. PZG, LCU, AEC, REA)

Industry: Metal Mining (41 Tracked Issuers)

Across 270 tracked Materials securities in the Roarable RQD universe, Nicola Mining Inc. (NICM) ranks #129 by composite RQD confidence (46/100, grade D) and #228 by equity capitalization ($99.1M). Within this direct 5-issuer industry benchmark cohort, LCU leads on earnings valuation at 15.7x trailing P/E, while PZG leads on capital efficiency and profitability with -22.0% ROIC and — gross margin. NICM currently leads its immediate peer cohort in composite quantitative strength at 46/100 (D).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
NICM ACTIVE
Nicola Mining Inc.
D 46/100 — — — -7.92% $99.1M Benchmark Subject
PZG
Paramount Gold Nevada Corp.
E 29/100 — — -22.0% -2.99% $78.8M /pzg-vs-nicm →
LCU
Lion Copper Corp.
E 30/100 15.7x — -35.0% -5.35% $65.0M /lcu-vs-nicm →
AEC
Anfield Energy Inc.
D 45/100 — — — -1.78% $60.5M /aec-vs-nicm →
REA
Rare Earths Americas Inc.
D- 42/100 — — — -10.96% $163.3M /rea-vs-nicm →

2. NICM Fundamental Profitability, Capital Efficiency & Balance-Sheet Forensics

TRAILING 12M & FORWARD QUANTITATIVE SNAPSHOT

Nicola Mining Inc. (NICM) operates in Metal Mining (Materials) with an equity capitalization of $99.1M, trailing P/E of N/A, forward P/E of N/A, and EV/EBITDA of N/A. Operating profitability registers a gross margin of —, operating margin of —, net profit margin of —, ROIC of —, and free cash flow yield of —, alongside an Altman Z-Score of N/A and Piotroski F-Score of N/A.

3. NICM Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is NICM stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, Nicola Mining Inc. (NASDAQ: NICM) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 46/100 at a spot price of $5.00 (-7.92% 1D, market cap $99.1M). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 9/20. Across 270 tracked Materials issuers, NICM ranks #129 in composite RQD confidence.

How does NICM compare to PZG and LCU in the Materials sector?

Within the Materials sector (Metal Mining), NICM carries a Roarable D (46/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, PZG (Paramount Gold Nevada Corp.) holds a E grade (29/100 RQD, P/E N/A, ROIC -22.0%, cap $78.8M) and LCU (Lion Copper Corp.) posts a E grade (30/100 RQD, P/E 15.7x, ROIC -35.0%, cap $65.0M). Among the 5-stock peer group, LCU leads on earnings multiple (15.7x) while PZG leads on capital efficiency (-22.0% ROIC).

What are the biggest fundamental strengths and SEC risk factors for NICM?

For Nicola Mining Inc. (NICM), key quantitative strengths include Established market leader in Materials with deep daily trading liquidity. and sector rank #129 in Materials, while primary risk factors center on Company executives have done more routine share selling than personal cash buying lately. and Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is NICM trading relative to its 50-day, 200-day, and 52-week technical levels?

NICM last traded at $5.00 (-7.92% on volume of 2,052 shares), positioning the stock -12.43% below its 50-day simple moving average ($5.71) and -17.49% below its 200-day simple moving average ($6.06). Across its 52-week range of $4.71 to $10.60, NICM sits at the 4.9% percentile with a 14-day RSI of 44.5 (NEUTRAL RANGE) and an implied next-earnings move of ±8.2% ($4.59 to $5.41).

NICM Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

What is NICM's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for NICM.

Direct Sub-Reports: NICM RQD Cockpit NICM 12M Forecast NICM Earnings & Move NICM Dividends & DRIP NICM Insiders & 13F NICM Whale Options NICM Profit Sankey NICM News & Why
ROARABLE RATING BRIEF • RQD 46/100 (D) ✓ STAGE-C NUMBER FIREWALL VERIFIED

NICM — Nicola Mining Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T14:18:17Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, NICM scores 48 out of 100, grade D, with the verdict "Roarable Sell — Underperform / Distribution Warning." The five pillars are: Fundamental Cash Engine at 12/20 (ROIC 0%; FCF yield 0%); Whale 13F Flow at 5/20 (institutional accumulation and options positioning); Insider Conviction at 9/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit at 9/20 (Beta 1.0; sector sensitivity); and Forensic Balance Sheet at 13/20 (Altman Z 2.5; Piotroski F 6/9; Debt/Equity 0.5).

For a prospective investor, the weakest pillars are the cash engine and institutional flow. A 0% ROIC and 0% FCF yield mean the rating attributes no current cash-generation support to the share price. The whale flow score of 5/20 is the lowest pillar and indicates little institutional accumulation in the rating's view. The balance sheet pillar is the relative strength, with a Piotroski F of 6/9 and Debt/Equity of 0.5, which the rating treats as a partial offset rather than a catalyst. Upside drivers would have to come from non-financial events such as the operational news flow below, since the rating's fundamental inputs do not currently supply one. Valuation tradeoffs cannot be quantified from the provided data because P/E and EV/EBITDA are not available in source data.

Recent Catalysts & News Wire Analysis

Per the recent news and catalysts section, five items are listed, all tagged to NICM:

  • Merritt Mill Operational Update (Yahoo Finance; light YELLOW; MARKET WIRE; 1h ago).
  • Shipment of about 1,300 tonnes of gold-bearing material for processing, with a new vein identified (Stock Titan; light RED; RISK WATCH; 3h ago).
  • Pre-market surge report (Stocktwits; light GREEN; CATALYST; 6h ago). The headline describes the stock as a beaten-down biotech, which conflicts with the Materials/Metal Mining classification in the profile; this discrepancy is not resolved in source data.
  • Mill processing operational update (Investing.com India; light YELLOW; MARKET WIRE; 9h ago).
  • Extension of agreement with Lower Nicola Site Services Ltd. and completion of 2026 drill exploration at Treasure Mountain (TMX Newsfile; light YELLOW; MARKET WIRE; 12h ago).

Per the Butterfly Supply-Chain Graph, the sector is Materials, industry is Metal Mining, supply chain is listed as NONE, and there are no butterfly links or proprietary signals.

Open Questions

  • What are the company's reported revenues, operating income, net income, and cash flows, given that the financials section is empty?
  • Which analysts cover NICM, and what are their ratings and price targets?
  • Who are the institutional and insider holders, and what are their recent 13F, Form 4, or Congressional transactions?
  • Does the Materials/Metal Mining classification or the "beaten-down biotech" description in the Stocktwits headline reflect the correct business profile?
  • What are the gold-bearing shipment volumes, grades, and processing economics, and how do they translate into revenue?

NICM Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Nicola Mining Inc. (NICM) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to NICM Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

NICM Bull vs. Bear Conversation Board — What's Your Call at $5.00?

🐂 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON NICM 🐻 50% BEARISH CONVICTION
1. Pick Your Side on NICM:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk ⚖️ DEBATE HOST 🎯 Target: $5.86 (+7.9%)
📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is NICM (D • RQD 48/100) a Buy at $5.43?

Welcome to the NICM (Nicola Mining Inc.) Roar Pit. Current RQD Composite is 48/100 (Roarable Sell — Underperform / Distribution Warning) in Metal Mining. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

BE BearTrap_Alert Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $4.07 (-25.0%)
Spot @ $5.43

Pump the brakes on NICM — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on NICM, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless Nicola Mining Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

CA CashFlowKing Verified K Arena Trader 🐂 BULLISH 🎯 Target: $6.68 (+23.0%)
Spot @ $5.43

NICM cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on NICM, the market is fixating on short-term headline noise in Metal Mining and ignoring the balance sheet and cash flow trajectory. At $5.43 (52-wk range $4.71 - $10.60), any beat on forward guidance forces shorts and underweight funds to chase.

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