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Nex Metals Explorations Ltd
(Sydney:NME)
Nex Metals Explorations Ltd (NME) vs. iShares MSCI Australia ETF (EWA)
Nex Metals Explorations Ltd Business Overview & Revenue Model
Nex Metals Explorations Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 5.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -7.18K | 5.00K | -9.28K | -12.10K | -15.70K | -12.32K |
| EBITDA | -1.42M | -1.84M | -786.90K | -1.03M | -2.32M | -1.43M |
| Net Income | -1.42M | -1.84M | -579.11K | -1.04M | -1.79M | -1.45M |
Balance Sheet | ||||||
| Total Assets | 763.45K | 763.45K | 909.68K | 1.44M | 1.71M | 1.48M |
| Cash, Cash Equivalents and Short-Term Investments | 150.91K | 150.91K | 292.29K | 270.26K | 15.78K | 490.93K |
| Total Debt | 137.84K | 137.84K | 517.66K | 257.90K | 806.67K | 343.78K |
| Total Liabilities | 2.19M | 2.19M | 2.23M | 1.83M | 5.27M | 3.25M |
| Stockholders Equity | -1.43M | -1.43M | -1.32M | -390.13K | -3.55M | -1.77M |
Cash Flow | ||||||
| Free Cash Flow | -226.09K | -489.19K | -438.24K | -97.79K | -938.04K | -2.26M |
| Operating Cash Flow | -226.09K | -489.19K | -423.64K | -71.93K | -773.01K | -1.43M |
| Investing Cash Flow | -831.94K | -831.94K | -14.60K | -25.86K | -165.02K | -824.97K |
| Financing Cash Flow | 1.18M | 1.18M | 460.27K | 352.27K | 462.89K | 2.18M |
Nex Metals Explorations Ltd Technical Analysis
Nex Metals Explorations Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$7.75M | 160.00 | 0.33% | ― | ― | ― | |
50 Neutral | AU$9.30M | -1.46 | ― | ― | ― | ― | |
48 Neutral | AU$11.54M | -0.70 | -62.79% | ― | ― | -40.85% | |
46 Neutral | AU$20.23M | -2.97 | -60.89% | ― | ― | 77.62% | |
44 Neutral | AU$6.37M | -3.52 | ― | ― | ― | -237.50% |
Nex Metals Explorations Ltd Corporate Events
Arika Resources Limited has announced significant results from its exploration drilling at the Pennyweight Point prospect within the Yundamindra Gold JV Project. The latest drilling has intersected thick, high-grade gold mineralization 100 meters below previous drilling, confirming the continuity of gold mineralization to a vertical depth of at least 250 meters. This discovery highlights the potential for both open pit and underground mining opportunities, with the mineralized zone remaining open for further exploration. The results bolster the company’s confidence in its targeting model and suggest substantial growth potential for the project.
Arika Resources Limited has issued a significant number of fully paid ordinary shares to investors, relying on section 708A of the Corporations Act 2001 for this issuance. The company is in discussions with Nex Metals Explorations Limited to acquire full ownership of joint venture interests in the Yundamindra and Kookynie projects, as well as additional tenements. This potential acquisition, which is still under negotiation, could impact Arika’s market positioning by expanding its asset base, though it remains subject to regulatory and shareholder approvals.
Nex Metals Explorations Ltd has entered non-binding discussions with Arika Resources Limited to potentially divest its 20% interest in the Yundamindra and Kookynie Joint Venture, which would result in Arika Resources becoming the sole owner. The terms under discussion include an upfront payment in cash and shares, with additional shares contingent on future milestones. The proposal is subject to regulatory and shareholder approvals, and no formal agreement has been signed yet.
Nex Metals Explorations Ltd has appointed Mr. Sonny Didugu as Joint Company Secretary, effective immediately. Sonny brings significant experience in managing compliance for ASX-listed entities, particularly micro and small-cap companies. This appointment, alongside Managing Director Ken Allen, who will continue in his role as Joint Company Secretary, aims to strengthen the company’s compliance and communication with the ASX, potentially enhancing its operational efficiency and market positioning.
Nex Metals Explorations Ltd announced the successful outcomes of its 2025 Annual General Meeting, where all resolutions were passed by a poll. Key resolutions included the re-election of directors and approval of additional placement facilities, indicating strong shareholder support and strategic positioning for future growth.
Nex Metals Explorations Ltd reported no exploration expenditure for Q1 FY26 as it focused on advancing its Kookynie Gold Tailings Project through a profit-sharing and rehabilitation agreement with the Wangkatja Tjungula Aboriginal Corporation. The company also initiated its strategic entry into Egypt’s Eastern Desert with the North Henai concession. These developments indicate Nex Metals’ strategic shift towards securing partnerships and expanding its geographical footprint, potentially impacting its operational dynamics and market positioning.
Arika Resources Limited has announced significant progress in its exploration efforts at the Yundamindra Gold Project, with extensional drilling at the ‘Landed at Last’ site tripling the mineralized strike length to over 2.5 kilometers. The latest assay results confirm continuous shallow gold mineralization along this structure, establishing it as a priority for further exploration and resource delineation. The drilling campaign, which has covered over 20,000 meters, highlights the substantial scale of the opportunity at Yundamindra, with ongoing efforts to test the depth and strike extents of multiple gold occurrences. These developments are expected to enhance Arika’s positioning in the gold exploration sector and provide potential value to stakeholders.
Arika Resources Limited has announced the identification of 20 new high-priority gold targets at its Yundamindra South Project, following the interpretation of high-resolution Total Magnetic Intensity data. This development significantly expands the exploration potential of the project, which has not been subjected to modern exploration techniques despite historical workings. The company plans to commence surface geochemical surveys and drilling in early 2026, aiming to capitalize on the project’s promising prospects.
Arika Resources Limited, operating in the gold mining industry, has released promising assay results from its ongoing drilling campaign at the Yundamindra Gold JV Project in Western Australia. The latest drilling efforts have confirmed significant mineralization at the Landed at Last Prospect, indicating potential for near-term resource delineation. With over 17,000 meters drilled, the project continues to reveal substantial opportunities, particularly at the Yellow Brick Road and Pennyweight Point trends, positioning Arika for potential growth in the Northeastern Goldfields mining district.
Nex Metals Explorations Ltd has made strategic advancements in its operations, highlighted by a profit-sharing and rehabilitation agreement with the Wangkatja Tjungula Aboriginal Corporation for the Kookynie Gold Tailings Project. This agreement not only secures profit sharing but also embeds cultural heritage and community training into the project, mitigating future risks. Additionally, Nex Metals has entered Egypt’s Eastern Desert with the North Henai concession, aiming to enhance gold production with minimal capital expenditure. This move positions the company in a promising, under-explored mining district, potentially increasing its production capabilities and operational footprint.
Arika Resources Limited, operating in the Northeastern Goldfields mining district of Western Australia, focuses on gold exploration and development. The company is actively engaged in the Yundamindra Gold JV Project, where it aims to explore multiple known and newly defined gold targets. The latest drilling results from the Yundamindra Gold Project have revealed significant gold mineralization in the ‘Red Brick Road’ corridor, south of Pennyweight Point. This discovery validates Arika’s targeting approach and highlights the potential for substantial gold deposits outside known areas. The company is continuing its extensive drilling program, with assays awaited for additional holes, and is optimistic about the project’s potential to define new resources, enhancing value for shareholders.
Arika Resources Limited, operating in the gold exploration industry, has reported promising results from its ongoing drilling campaign at the Yundamindra Gold JV Project in Western Australia. The recent drilling has revealed significant gold mineralization in the Yellow Brick Road area, suggesting a large, multi-lode gold system. The company has completed 16,000 meters of drilling, with assays awaited for 48 holes. These findings indicate potential for resource development and further targeted exploration, enhancing Arika’s position in the Northeastern Goldfields mining district.
Nex Metals Explorations Ltd has announced its 2025 Annual General Meeting, scheduled for November 28, 2025, at the Ambassador Hotel in Perth. The company is encouraging shareholders to participate by voting through proxy forms, which are available electronically. This move reflects a shift towards digital communication, aligning with modern corporate practices and potentially enhancing shareholder engagement.
Arika Resources Limited, operating in the mining industry, has commenced a new Reverse Circulation (RC) drilling program at the Pennyweight Point prospect within the Yundamindra Gold Project in Western Australia. This initiative follows successful geophysical surveys that have refined and extended bedrock gold targets, aiming to explore extensions and repetitions of known mineralisation. The drilling program is structured in phases, focusing initially on extending known high-grade mineralisation, followed by testing new high-priority targets, and concluding with orebody definition drilling to guide resource estimation. This development is expected to enhance Arika’s exploration capabilities and potentially increase its resource base, impacting its market positioning positively.
Nex Metals Explorations Ltd has announced its Annual General Meeting (AGM) scheduled for November 28, 2025, at The Ambassador Hotel in Perth. The meeting will cover the consideration of the company’s annual report, a non-binding vote on the remuneration report, and the re-election of director Thomas Percy KC. Shareholders are encouraged to participate and submit proxy forms. The outcomes of these resolutions may influence the company’s governance and strategic direction.
Nex Metals Explorations Ltd has issued 4,000,000 unlisted options at an exercise price of $0.040, set to expire on 17 September 2027, as compensation for services rendered. This issuance, conducted without disclosure to investors, aligns with the company’s compliance with the Corporations Act, indicating transparency in its reporting and disclosure obligations.
Nex Metals Exploration Ltd announced the issuance of 4,000,000 unlisted options as part of its strategic financial operations. This move is likely to impact the company’s capital structure and could influence its market positioning by potentially increasing its financial flexibility and attractiveness to investors.
Nex Metals Explorations Ltd announced the cancellation of a previous securities quotation announcement, with a follow-up Appendix 3G to be provided. This update may impact the company’s securities trading and requires stakeholders to await further details, potentially affecting investor relations and market perception.
Nex Metals Exploration Ltd has announced the issuance of 4,000,000 unlisted options as part of a services agreement for marketing and advisory services. These options, which have an exercise price of $0.04 and expire on September 17, 2027, are aimed at engaging shareholder services and potentially strengthening the company’s market position.
Nex Metals Explorations Ltd has issued 4,000,000 unlisted options with an exercise price of $0.040, set to expire on 17 September 2027, as compensation for services rendered. This move, conducted without disclosure under Part 6D.2 of the Corporations Act, highlights the company’s compliance with regular reporting and disclosure obligations, potentially impacting its operational transparency and stakeholder relations.
Nex Metals Explorations Ltd has announced the scheduling of its Annual General Meeting (AGM) for 28 November 2025, as per ASX Listing Rule 3.13.1. The company has also set 16 October 2025 as the deadline for director nominations. This meeting is a significant event for stakeholders, providing insights into the company’s strategic direction and governance.
Arika Resources Limited, operating in the gold exploration industry, has announced significant developments at its Yundamindra Gold JV Project in Western Australia. The company has discovered a new wide gold lode at the F0 Prospect, part of the Landed at Last area, and confirmed depth extensions at the Queen of Poland and Banjo’s Camp Prospects. These findings highlight the potential for further discoveries and expansion of the gold system in the region, enhancing Arika’s positioning in the gold exploration sector. The ongoing drilling campaign, supported by a recent capital raise, aims to explore multiple gold targets, with assays for 40 holes still pending.
Nex Metals Explorations Ltd has released its full-year financial report for the year ending June 30, 2025. The report includes comprehensive financial statements and disclosures, reflecting the company’s financial position and performance over the past year. This release provides stakeholders with detailed insights into the company’s financial health and operational results, which are crucial for assessing its industry positioning and future prospects.
Nex Metals Explorations Ltd has announced that its unlisted options with an exercise price of $0.10 are set to expire on October 31, 2025. Option holders are not obligated to exercise their options, but failure to do so by the expiry date will result in the lapse of these options and the cessation of all associated rights. This expiration could impact stakeholders by potentially altering their investment strategies or decisions regarding the company’s securities.