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$5.70M
Enterprise ValueAU$6.10M
Total Cash (Recent Filing)AU$150.91K
Total Debt (Recent Filing)AU$137.84K
Price to Earnings (P/E)―
Beta0.85
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
DeleveragingMeaningful reduction in debt from ~A$1.50M (2020) to ~A$0.14M (2025) lowers fixed claims on cash flows and interest/service burden. This durable deleveraging improves financing flexibility and reduces short-term solvency pressure, making future capital raises less encumbered.
Improving Cash Burn TrajectoryAlthough operating cash flow was negative in recent years, the documented improvement versus 2021 and a prior positive OCF year (2020) shows management can narrow burn. A sustained reduction in outflows is a durable operational lever to extend runway and reduce funding frequency if maintained.
Early Gross Margin SignalA shift to positive gross profit in 2025 indicates the company can, at least at small scale, generate margin on activities. If maintained and scaled, positive gross margins provide a structural foundation for eventual operating leverage and longer‑term path to profitability.
Bears Say
Pre-revenue And Widening LossesMinimal revenue versus substantial and widening net losses (~A$1.84M in 2025) implies ongoing structural unprofitability. Over the medium term this requires continued external funding or major operational change to reach sustainable cash generation and avoid dilution or cutbacks.
Persistent Negative Shareholder EquityPersistently negative shareholder equity (~A$-1.43M in 2025) is a structural weakness that limits borrowing capacity, increases counterparty and investor risk perceptions, and constrains strategic optionality; it elevates the likelihood that future financing could be dilutive or conditional.
Weak Cash GenerationSustained negative operating cash flow (~A$-0.49M in 2025) and negative free cash flow indicate the business cannot self‑fund. Reliance on external financing to cover recurring cash shortfalls is a durable constraint on growth, increases fundraising risk, and can dilute existing shareholders.
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$5.70M.
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 183 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
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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