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Nex Metals Explorations Ltd (AU:NME)
ASX:NME
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$6.02M
Total Cash (Recent Filing)AU$150.91K
Total Debt (Recent Filing)AU$137.84K
Price to Earnings (P/E)―
Beta0.88
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
Debt Reduction / DeleveragingMaterial reduction in debt improves structural financial flexibility and lowers servicing risk, giving management more runway to pursue exploration or monetisation without high interest burdens. Deleveraging strengthens credit optionality over the coming months despite other balance sheet weaknesses.
Gross Profit Turned PositiveA shift to positive gross profit, even if small, signals the company may be beginning to generate some incremental revenue above direct costs. If sustained, this provides a durable foundation to improve operating leverage and margins as fixed costs are controlled and activity scales.
Lean Operating FootprintA very small headcount implies a low fixed-cost base and operational flexibility, which helps conserve cash and extend runway. For a pre-revenue explorer, keeping overhead minimal is a durable structural advantage that reduces near-term financing pressure and preserves optionality.
Bears Say
Pre-revenue / Minimal SalesNear-zero revenue constrains the firm's ability to fund operations internally and prevents economies of scale. Persistently minimal sales mean profitability depends on external capital or transformational discoveries, raising long-term execution and financing risk for sustaining exploration activity.
Persistent Negative Shareholder EquityNegative equity signals structural capital deficiency and heightens financing risk, limiting the company's ability to absorb shocks or secure funding on favourable terms. Over time this increases dilution likelihood and constrains strategic options for project development or partnerships.
Ongoing Cash Burn And Weak Cash GenerationSustained negative operating and free cash flows indicate the business relies on external financing to operate. This persistent burn erodes liquidity, forces recurring capital raises, and limits ability to invest in longer‑term value drivers without diluting shareholders or adding costlier financing.
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 205 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
Neutral
1
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3
4
5
6
7
8
9
10
Blogger Sentiment
Bearish
AU:NME Sentiment 100%
Sector Average 63%
Sector Average 63%
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
―
Trailing 12-Months
Asset Growth
-16.07%
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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