Nex Metals Explorations Ltd (AU:NME)
ASX:NME
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NME Stock Chart & Stats
AU$0.02
<AU$0.01(6.06%)
At close: 4:00 PM EST
AU$0.02
<AU$0.01(6.06%)
Day’s Range― - ―
52-Week RangeAU$0.01 - AU$0.03
Previous CloseN/A
Volume85.71K
Average Volume (3M)93.04K
Market Cap
AU$6.04M
Enterprise ValueAU$6.44M
Total Cash (Recent Filing)AU$150.91K
Total Debt (Recent Filing)AU$137.84K
Price to Earnings (P/E)―
Beta0.89
Next Earnings
Oct 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding335,282,260
10 Day Avg. Volume62,514
30 Day Avg. Volume93,043
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)-4.24
Price to Sales (P/S)1209.56
P/FCF Ratio-12.36
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
DeleveragingMaterial reduction in reported debt between 2020 and 2025 meaningfully lowers near-term refinancing and interest burden, improving financial flexibility. This deleveraging provides a more durable base for funding exploration activities or absorbing operating losses without high interest costs.
Gross Profit ImprovementGross profit turning positive signals the company has begun to cover direct project or operational costs at a basic level. While small in magnitude, a sustained positive gross margin is a structural step toward scalable profitability if revenue generation or project monetization continues.
Improving Cash Burn TrendAn observable improvement in cash outflows from peak burn years and a prior year of positive operating cash flow indicate management has reduced cash intensity. That trend, if sustained, reduces near-term funding pressure and increases the chance to reach cash‑neutral operations without constant external financing.
Bears Say
Negative Shareholder EquityPersistent negative equity is a foundational balance-sheet weakness that constrains strategic options. It elevates refinancing and covenant risk, limits access to traditional capital markets, and increases reliance on dilutive equity or specialized financing, weakening long‑term financial resilience.
Pre-revenue / Minimal SalesLack of meaningful recurring revenue leaves the business dependent on financing and speculative project outcomes. Without established sales or cash-generating operations, path to profitability is uncertain and operational leverage cannot be demonstrated, increasing execution risk over months.
Ongoing Cash BurnSustained negative operating and free cash flow forces reliance on external funding to sustain operations and exploration. Continued cash burn increases the probability of dilution, constrained investment in projects, and heightened refinancing pressure that can impair strategic flexibility over the medium term.
Nex Metals Explorations Ltd News
NME FAQ
What was Nex Metals Explorations Ltd’s price range in the past 12 months?
Nex Metals Explorations Ltd lowest share price was AU$0.01 and its highest was AU$0.03 in the past 12 months.
What is Nex Metals Explorations Ltd’s market cap?
Nex Metals Explorations Ltd’s market cap is AU$6.04M.
When is Nex Metals Explorations Ltd’s upcoming earnings report date?
Nex Metals Explorations Ltd’s upcoming earnings report date is Oct 06, 2026 which is in 159 days.
How were Nex Metals Explorations Ltd’s earnings last quarter?
Nex Metals Explorations Ltd released its earnings results on Mar 13, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Nex Metals Explorations Ltd overvalued?
According to Wall Street analysts Nex Metals Explorations Ltd’s price is currently Overvalued.
Does Nex Metals Explorations Ltd pay dividends?
Nex Metals Explorations Ltd does not currently pay dividends.
What is Nex Metals Explorations Ltd’s EPS estimate?
Nex Metals Explorations Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nex Metals Explorations Ltd have?
Nex Metals Explorations Ltd has 335,282,260 shares outstanding.
What happened to Nex Metals Explorations Ltd’s price movement after its last earnings report?
Nex Metals Explorations Ltd reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Nex Metals Explorations Ltd?
Currently, no hedge funds are holding shares in AU:NME
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Nex Metals Explorations Ltd Stock Smart Score
Underperform
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10
Blogger Sentiment
Bearish
AU:NME Sentiment 100%
Sector Average 75%
Sector Average 75%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-40.00%
12-Months-Change
Fundamentals
Return on Equity
114.73%
Trailing 12-Months
Asset Growth
162.47%
Trailing 12-Months
Company Description
Nex Metals Explorations Ltd
Nex Metals Explorations Limited engages in the exploration for and mining of mineral properties in Australia. It explores for gold, copper, and nickel ores. The company holds interests in the Kookynie gold project and the Yundamindra gold project located in the Eastern Goldfields, Western Australia. It also has an interest in the Kookynie Tailings Research Project located in Cosmopolitan tenement. The company was incorporated in 2007 and is based in Osborne Park, Australia.
Technical Analysis
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