Nican (NILTF) Beginning Cash Position: $0.87 Mil (As of Mar. 2026)

What is Nican Beginning Cash Position?

Nican NILTF -1.57% Beginning Cash Position is $0.87 Mil as of Mar. 2026. The stock has 1 warning sign investors should review.

Nican's Beginning Cash Position for the quarter that ended in Mar. 2026 was $0.87 Mil.

Nican's quarterly Beginning Cash Position increased from Sep. 2025 ($0.47 Mil) to Dec. 2025 ($1.42 Mil) but then declined from Dec. 2025 ($1.42 Mil) to Mar. 2026 ($0.87 Mil).

Nican's annual Beginning Cash Position declined from Dec. 2023 ($3.44 Mil) to Dec. 2024 ($0.81 Mil) and declined from Dec. 2024 ($0.81 Mil) to Dec. 2025 ($0.71 Mil).

Nican Beginning Cash Position Related Terms

Nican Beginning Cash Position Historical Data

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The historical data trend for Nican's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nican Beginning Cash Position Chart

Nican Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Dec25

Beginning Cash Position

0.00

1.62

3.44

0.81

0.71

Nican Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Beginning Cash Position	Get a 7-Day Free Trial														0.68	0.60	0.47	1.42	0.87

Nican Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Frequently Asked Questions Learn more about Beginning Cash Position →

What does a Beginning Cash Position of $0.87 Mil mean?

Nican (NILTF) has a Beginning Cash Position of $0.87 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Nican and its competitors.

Is Nican's Beginning Cash Position too high?

Nican's current Beginning Cash Position is $0.87 Mil.

How does Nican's Beginning Cash Position compare to competitors?

Nican's Beginning Cash Position of $0.87 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Beginning Cash Position for a Metals & Mining company?

A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Beginning Cash Position mean?

A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Nican and its competitors. Nican's current Beginning Cash Position is $0.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nican stock overvalued right now?

Nican (NILTF) has a current Beginning Cash Position of $0.87 Mil. The current Beginning Cash Position is $0.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Beginning Cash Position calculated?

Beginning Cash Position is calculated from a company's financial statements. For Nican (NILTF), the current Beginning Cash Position is $0.87 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nican Business Description

Industry Basic Materials Metals & Mining

Comparable Companies XCNQ:AUMC TSXV:GCOM TSXV:OCEN TSXV:NCP XCNQ:SLA XCNQ:CAPR TSXV:GIGA XCNQ:STGX XCNQ:SCM XCNQ:BATX ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG

Other Exchanges W8Y:Germany NICN:Canada

Address 130 King Street West, Suite 3680, P.O Box 99, Toronto, ON, CAN, M5X 1B1

Website https://www.nicanltd.com

Nican Ltd engages in exploring, developing, operating, and financing mining assets. Its principal business activity is the exploration and evaluation of mineral properties. It is focused on nickel-copper opportunities in stable jurisdictions on known mineral belts. The company's project comprises of wine project and pipy project both located in well-established mining jurisdictions in Manitoba, Canada.