Nexmetals Mining Corp. (NEXM) is a publicly traded company in the Basic Materials — Other Precious Metals industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
NexMetals Mining Corp., a mineral exploration and evaluation company, focuses on the discovery and advancement of copper-nickel-cobalt-platinum group elements resources in Canada, Barbados, and Botswana. Its flagship are the Selebi and Selebi North copper-nickel-cobalt mines in Botswana and related infrastructure, as well as the Cu-Ni-Co-PGE Selkirk mine in Botswana, together with associated infrastructure and four surrounding prospecting licences.
Analysis Summary
Trailing-twelve-month margins: gross margin 0.0%, operating margin 0.0%, net margin 0.0%.
At the current price of $2.31, NEXM has negative trailing earnings (P/E not meaningful) and an ROE of -86.14%. Market capitalisation stands at $82M.
Balance sheet quality for NEXM: current ratio of 4.7, net cash position of $37.8M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Price
| Price | $2.31 |
| Market Cap | $82M |
| Exchange | NASDAQ |
| Country | CA |
Valuation Ratios
| Price / Book | 1.90 |
| EV / EBITDA | -2.03 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | -86.14% |
| Return on Invested Capital | -74.99% |
| Return on Assets | -72.47% |
| Gross Margin | 0.00% |
| Operating Margin | 0.00% |
| Net Margin | 0.00% |
Financial Health
| Debt / Equity | 0.03 |
| Current Ratio | 5.16 |
What to look at in Basic Materials
Miners, chemicals, steel. 100% commodity-driven. Analysing them with pure P/E is a mistake — look at cost position and dividend sustainability.
- FCF yield — In commodities FCF is gold — EPS is very misleading
- Gross margin — 5y consistent gross margin = moat signal
- Net debt / EBITDA (trough) — Use EBITDA from the worst year of the cycle, not the current one
- Dividend coverage — Dividend covered by FCF in an average year, not at peak
- Capex / D&A — >1x = maintain/grow reserves. <0.7x = decapitalising
- Altman Z-Score — Bankruptcy model (NYU 1968) — combines liquidity, leverage and profitability. Key in cyclicals
- P/B across cycles — Commodities: 0.8-1.2x at troughs, 2x+ at peaks. <2x still reasonable zone
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| NEXM | Nexmetals Mining Corp. | $82M | 1.90 | -86.1% | |
| FRES.L | Fresnillo plc | $21.5B | 22.60 | 6.90 | 30.5% |
| VALT.L | Valterra Platinum Limited | $17.1B | |||
| 0R0A.L | Hecla Mining Company | $12.2B | |||
| HL | Hecla Mining Company | $12.1B | 34.78 | 4.36 | |
| ARTG.V | Artemis Gold Inc. | $9.2B | |||
| TFPM.TO | Triple Flag Precious Metals Corp. | $9.2B | 26.36 | 3.15 | 12.0% |
| BVN | Compañía de Minas Buenaventura S.A.A. | $8.4B | 7.17 | 1.86 | 27.7% |
Price Performance
| 1 month | +7.44% |
| 3 months | -4.55% |
| Year-to-date | -40.92% |
| 1 year | -59.47% |
52-Week Range
| 52-week High | $6.65 |
| 52-week Low | $2.03 |
| Avg Volume (90d) | 34K |
Related companies: ALTO · ATLX · FEAM · FURY · GORO · GRO · LGO
Explore sector: Basic Materials · Other Precious Metals
More sections of NEXM: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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