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$6.20M
Enterprise ValueAU$6.77M
Total Cash (Recent Filing)AU$150.91K
Total Debt (Recent Filing)AU$137.84K
Price to Earnings (P/E)―
Beta1.04
Next Earnings
Sep 30, 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 deleveraging from ~1.50M (2020) to ~0.14M (2025) reduces near-term interest and refinancing pressure. Lower gross debt improves financing optionality, making it easier to pursue joint ventures or equity raises without a heavy debt servicing burden.
Positive Gross ProfitGross profit turning positive in 2025 indicates the company’s core activities have started to yield favorable unit economics. For a pre-revenue explorer moving toward commercialization, this provides an early structural signal that direct margins can support future scaling if revenues grow.
Lean Operating BaseA four-person headcount implies a very lean cost structure that lowers fixed overhead and extends cash runway. For a pre-revenue miner this structural efficiency preserves capital, enabling continued exploration or development activity with smaller funding rounds.
Bears Say
Pre-revenue And LossesEffectively pre-revenue (only ~5k revenue in 2025) while reporting recurring sizable losses (2025 net loss ~1.84M). Persistent unprofitability undermines self-funding prospects and requires material financing or a transformational operational improvement to reach sustainability.
Negative Shareholder EquityPersistently negative shareholder equity (~-1.43M in 2025) signals a capital deficit and elevates insolvency and refinancing risk. Negative equity constrains borrowing capacity, weakens counterparty confidence, and increases the probability of dilution or asset disposals to restore solvency.
Chronic Cash BurnMaterially negative operating cash flow over multiple years (2025 ~-0.49M) and consistently negative free cash flow indicate structural cash burn. This forces dependence on external funding, reducing strategic flexibility and increasing dilution risk unless operations become cash generative.
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$6.20M.
When is Nex Metals Explorations Ltd’s upcoming earnings report date?
Nex Metals Explorations Ltd’s upcoming earnings report date is Sep 30, 2026 which is in 133 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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Blogger Sentiment
Bearish
AU:NME Sentiment 100%
Sector Average ―
Sector Average ―
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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