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Nexmetals Mining ( (TSE:NEXM) ) has issued an announcement.
On January 27, 2026, NexMetals Mining Corp. reported assay results from three additional drill holes at its Selebi North Underground deposit, all of which successfully intersected high-grade mineralization. The announcement underscores ongoing exploration success at Selebi North, suggesting potential to expand or upgrade the deposit’s mineral resources and reinforcing the project’s strategic importance within the company’s portfolio and for stakeholders monitoring its growth prospects.
The most recent analyst rating on (TSE:NEXM) stock is a Hold with a C$6.00 price target. To see the full list of analyst forecasts on Nexmetals Mining stock, see the TSE:NEXM Stock Forecast page.
Spark’s Take on TSE:NEXM Stock
According to Spark, TipRanks’ AI Analyst, TSE:NEXM is a Neutral.
The score is primarily held down by weak financial performance (pre-revenue status, escalating losses, and significant cash burn), which outweighs the improved balance sheet. Technicals provide some support from positive near-term momentum, but valuation remains constrained by negative earnings and no dividend yield data.
To see Spark’s full report on TSE:NEXM stock, click here.
More about Nexmetals Mining
NexMetals Mining Corp. is a mining company focused on exploring and developing mineral deposits, with current exploration activity centered on the Selebi North Underground deposit.
Average Trading Volume: 126,686
Technical Sentiment Signal: Sell
Current Market Cap: C$122.5M
For detailed information about NEXM stock, go to TipRanks’ Stock Analysis page.