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Nexus Minerals Ltd. (AU:NXM)
ASX:NXM
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Nexus Minerals Ltd. (NXM) AI Stock Analysis

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AU:NXM

Nexus Minerals Ltd.

(Sydney:NXM)

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Underperform 39 (OpenAI - 5.2)
Rating:39Underperform
Price Target:
AU$0.04
▼(-47.50% Downside)
Action:Downgraded
Date:06/20/26
The score is driven primarily by weak financial performance (sharp revenue decline, ongoing losses, and negative ROE) and bearish technical conditions (price below key moving averages and negative MACD). Valuation provides little support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Low leverage
A debt-to-equity ratio of 0.01 gives the company durable financial flexibility; low leverage reduces default risk, lowers fixed financing costs, and preserves capacity to fund exploration or working capital from internal or modest external sources during multi-month downturns.
Negative Factors
Steep revenue decline
A -57.63% revenue drop is a material structural headwind: it reduces scale economics, pressures margins and cash generation, and requires sustained operational improvement or new revenue sources to restore durable profitability over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
A debt-to-equity ratio of 0.01 gives the company durable financial flexibility; low leverage reduces default risk, lowers fixed financing costs, and preserves capacity to fund exploration or working capital from internal or modest external sources during multi-month downturns.
Read all positive factors

Nexus Minerals Ltd. (NXM) vs. iShares MSCI Australia ETF (EWA)

Nexus Minerals Ltd. Business Overview & Revenue Model

Company Description
Nexus Minerals Limited, an Australian exploration firm established in 2006 (initially known as Hemisphere Resources Limited) and based in West Perth, focuses on identifying gold and copper deposits. Its portfolio comprises several key gold project...
How the Company Makes Money
null...

Nexus Minerals Ltd. Financial Statement Overview

Summary
Financials indicate notable weakness: steep revenue decline (-57.63%) and persistent losses (negative net margin and negative EBIT/EBITDA margins). Low leverage (debt-to-equity 0.01) is a positive, but negative ROE (-42.41%) and weak operating cash generation relative to losses keep the score low despite positive free cash flow growth (26.52%).
Income Statement
30
Negative
Balance Sheet
40
Negative
Cash Flow
35
Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue5.00K598.71K1.36M0.0014.76K109.50K
Gross Profit-131.35K598.71K1.36M-126.83K261.99K377.35K
EBITDA-6.05M-5.26M-3.15M-8.69M-21.26M-2.39M
Net Income-5.43M-5.23M-3.18M-8.83M-21.10M-2.17M
Balance Sheet
Total Assets10.17M13.31M6.44M6.65M9.89M10.02M
Cash, Cash Equivalents and Short-Term Investments7.98M11.21M4.55M4.56M6.98M9.05M
Total Debt162.07K129.30K77.67K123.79K152.36K133.10K
Total Liabilities592.70K974.06K699.63K550.74K783.70K331.13K
Stockholders Equity9.57M12.34M5.74M6.10M9.10M9.69M
Cash Flow
Free Cash Flow-5.47M-4.73M-2.78M-7.74M-20.05M-3.87M
Operating Cash Flow-5.43M-4.71M-2.72M-7.60M-19.71M-3.80M
Investing Cash Flow3.11M-9.94K-57.00K-137.27K-711.48K334.19K
Financing Cash Flow7.60M11.51M2.77M5.31M18.27M10.02M

Nexus Minerals Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.08
Price Trends
50DMA
0.05
Negative
100DMA
0.06
Negative
200DMA
0.06
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
32.68
Neutral
STOCH
36.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NXM, the sentiment is Negative. The current price of 0.08 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 32.68 is Neutral, neither overbought nor oversold. The STOCH value of 36.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NXM.

Nexus Minerals Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
50
Neutral
AU$32.44M0.69124.08%
49
Neutral
AU$42.77M-6.23-67.68%119.02%1.85%
45
Neutral
AU$24.59M8.696.82%
42
Neutral
AU$29.09M-7.60-96.19%-83.33%
41
Neutral
AU$18.41M-26.67-293.80%87.50%
39
Underperform
AU$26.57M-4.49-49.57%7.55%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NXM
Nexus Minerals Ltd.
0.04
-0.02
-35.29%
AU:AAU
Antilles Gold
0.01
0.00
0.00%
AU:ZAG
Zuleika Gold Limited
0.04
0.02
118.75%
AU:ION
Southern Gold Limited
0.03
-0.02
-31.25%
AU:FAU
First AU Ltd.
0.01
0.00
0.00%
AU:RGL
Riversgold Ltd.
0.01
0.00
0.00%

Nexus Minerals Ltd. Corporate Events

Nexus Minerals Flags Strong Clement Gold Results Ahead of Wallbrook Resource Update
Jun 30, 2026
Nexus Minerals has reported final assay results from 33 reverse circulation drill holes at the Clement prospect within its Wallbrook Gold Project, confirming broad zones of high-grade gold and stacked lode geometry that remain open at depth and la...
Nexus Minerals Hits High-Grade Gold at Clement in Wallbrook Drilling Push
May 25, 2026
Nexus Minerals has reported broad high-grade gold assay results from the first 10 reverse circulation drill holes at the Clement prospect, part of its Wallbrook Gold Project, with all holes intersecting anomalous gold and grades reaching up to 26....
Nexus Minerals Confirms Compliance and Early-Stage Status of Key Gold Projects
May 4, 2026
Nexus Minerals has released a presentation for the RIU Sydney Resources Roundup outlining the technical basis for its reported mineral resources and exploration results at key gold projects. The company reiterates that no Ore Reserves have yet bee...
Nexus Strikes Funding-Backed MOU to Fast-Track Crusader-Templar Gold Mine
May 3, 2026
Nexus Minerals has signed a non-binding memorandum of understanding with Macro Gold Mining Services to collaboratively develop the Crusader-Templar open pit gold deposit at its Wallbrook project in Western Australia. Under the proposed profit-shar...
Nexus Minerals Launches 22,000m RC Drill Program to Expand Wallbrook Gold Resource
Apr 13, 2026
Nexus Minerals has commenced a roughly 22,000m reverse circulation drilling campaign at the Wallbrook Gold Project in Western Australia to drive material growth in its mineral resource inventory. The program targets three advanced resource definit...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 20, 2026