Power Nickel Inc. (CMETF) Research

Power Nickel Inc. is a junior mineral exploration company, established in 1987 and based in Toronto, Canada. The firm, which operated as Chilean Metals Inc. until its name was changed in July 2021, is dedicated to the acquisition and exploration of mineral properties in both Chile and Canada. Its exploration efforts target a diverse range of metals, including gold, silver, copper, lithium, nickel, cobalt, and platinum group metals (PGMs). In Chile, Power Nickel holds complete ownership of two significant properties: the Zulema property, located in the 3rd region's Atacama mineral belt, and the Tierra de Oro property, situated within the country's coastal iron oxide-copper-gold belt. The company's Chilean portfolio also includes interests in the Hornitos, Palo Negro, and Tabaco properties. Beyond Chile, Power Nickel has stakes in Canadian assets, namely the Nisk property in Quebec and the Golden Ivan property, which is found to the east of Stewart, British Columbia.

Market snapshot

Symbol
CMETF
Price
$0.26
Day change
-0.79%
Market cap
$31.0M
52-week range
0.06-0.264
Sector
Basic Materials
Industry
Industrial Materials

Peer companies

  • Bluestone Resources Inc. (BBSRF)
  • Allied Copper Corp. (CPRRF)
  • Golden Tag Resources Ltd. (GTAGF)
  • First Uranium Resources Ltd. (KMMIF)
  • NioCorp Developments Ltd. (NIOBF)
  • Panoramic Resources Limited (PANRF)
  • Argentina Lithium & Energy Corp. (PNXLF)
  • Red River Resources Limited (RRRDF)

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