CEO.CA – Nicola Mining Shifts to Steady Production Ownership as Analyst Raises Price Target to $1.10

August 11, 2025

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Video: 13 minutes 52 seconds

We caught up with Peter Espig, CEO of Nicola Mining Inc. (TSXV: NIM | OTCQB: HUSIF | FSE: HLIA), to review the company’s evolution from occasional bulk sample processing to running British Columbia’s only third-party precious metals mill at full capacity. Espig explains this is execution of an eight-year plan finally coming together, with major projects by Talisker and Blue Lagoon Resources now providing steady material flow. This operational transformation has caught analysts’ attention, with Atrium Research recently raising their target price to $1.10 from $0.90, recognizing Nicola’s unique position of generating consistent cash flow while other junior miners constantly raise capital.

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