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Nexus Minerals Ltd.
(Sydney:NXM)
Nexus Minerals Ltd. (NXM) vs. iShares MSCI Australia ETF (EWA)
Nexus Minerals Ltd. Business Overview & Revenue Model
Nexus Minerals Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.41M | 1.36M | 0.00 | 14.76K | 109.50K | 586.76K |
| Gross Profit | 1.41M | 1.36M | -126.83K | 261.99K | 377.35K | 550.06K |
| EBITDA | -4.17M | -3.18M | -8.69M | -21.26M | -2.39M | -1.45M |
| Net Income | -4.14M | -3.18M | -8.83M | -21.10M | -2.17M | -1.00M |
Balance Sheet | ||||||
| Total Assets | 7.77M | 6.44M | 6.65M | 9.89M | 10.02M | 2.88M |
| Cash, Cash Equivalents and Short-Term Investments | 5.85M | 4.55M | 4.56M | 6.98M | 9.05M | 2.50M |
| Total Debt | 155.17K | 77.67K | 123.79K | 152.36K | 133.10K | 70.44K |
| Total Liabilities | 536.35K | 699.63K | 550.74K | 783.70K | 331.13K | 323.41K |
| Stockholders Equity | 7.23M | 5.74M | 6.10M | 9.10M | 9.69M | 2.55M |
Cash Flow | ||||||
| Free Cash Flow | -3.74M | -2.78M | -7.74M | -20.05M | -3.87M | -872.26K |
| Operating Cash Flow | -3.68M | -2.72M | -7.60M | -19.71M | -3.80M | -867.18K |
| Investing Cash Flow | -53.73K | -57.00K | -137.27K | -711.48K | 334.19K | -5.08K |
| Financing Cash Flow | 3.86M | 2.77M | 5.31M | 18.27M | 10.02M | 21.68K |
Nexus Minerals Ltd. Technical Analysis
Nexus Minerals Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | €42.26M | ― | -58.01% | ― | ― | 14.52% | |
44 Neutral | C$982.42M | -6.71 | -13.24% | 2.54% | 17.20% | -32.72% | |
| €29.51M | ― | -195.89% | ― | ― | ― | ||
| €28.13M | ― | -22.60% | ― | ― | ― | ||
| $35.62M | ― | -4.61% | ― | ― | ― | ||
43 Neutral | AU$70.51M | ― | -12.14% | ― | ― | -9.09% | |
38 Underperform | AU$51.44M | ― | -15.33% | ― | -46.05% | 14.21% |
Nexus Minerals Ltd. Corporate Events
Nexus Minerals Limited has announced a proposed issuance of securities, including 6,000,000 unlisted options and 115,714,286 fully paid ordinary shares, with the issue date set for May 7, 2025. This move is likely aimed at raising capital to support the company’s operations and strategic initiatives, potentially enhancing its market position and offering implications for stakeholders regarding the company’s growth and investment opportunities.
Nexus Minerals Limited has announced an A$8.1 million institutional placement to accelerate exploration at its Wallbrook Gold Project in Western Australia. This placement, led by North American institutional investors, will enable Nexus to enhance its drilling activities and strengthen its financial position, with over A$12 million in cash reserves post-placement. The involvement of substantial shareholders is seen as a strong endorsement of Nexus’s exploration strategy and results, positioning the company to advance its operations and potentially impact its market standing positively.
Nexus Minerals Limited has requested a trading halt on its securities as it prepares to make an announcement regarding a capital raising. This trading halt will remain in effect until the announcement is made or until the commencement of normal trading on April 30, 2025. The halt is part of the company’s strategic financial planning, potentially impacting its market operations and stakeholder interests.
Nexus Minerals Limited has successfully completed a regional aircore drill program at its Wallbrook Gold Project, receiving all gold assay results from the 313-hole initiative. The program has expanded the mineralized footprint of Target MC2.1 to 650m x 250m, now incorporated into the larger Clement Prospect, which offers significant exploration potential. The company plans to continue its exploration efforts with an upcoming aircore drill program and is well-funded with $5.17 million in cash as of March 2025.
Nexus Minerals Limited has announced significant progress at its Wallbrook Gold Project, particularly at the Payns Prospect, where a regional aircore drill program has revealed high-grade gold mineralization. The Payns mineralized zone now spans over 900m x 750m and is strategically located near major gold deposits mined by Northern Star Resources. This discovery enhances Nexus Minerals’ regional exploration strategy, with plans for further drilling and assessment of additional prospects underway, indicating potential growth and increased value for stakeholders.
Nexus Minerals Ltd. has announced a new application for the quotation of 20,167 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to strengthen its financial position and enhance liquidity, potentially impacting its operations and market standing positively.
Nexus Minerals Limited has requested a trading halt on its securities pending an announcement related to a response to an ASX Price Query and an update on a previously announced drilling program. The trading halt is expected to remain in place until the announcement is made or until normal trading resumes on 21 March 2025. This move indicates potential significant developments in the company’s operations that could impact its market positioning and stakeholder interests.
Nexus Minerals Ltd. has released its condensed consolidated interim financial report for the half-year ending December 31, 2024. This report provides stakeholders with insights into the company’s financial performance and position, which could impact its operational strategies and market positioning. The release of this financial report is crucial for investors and stakeholders to assess the company’s financial health and make informed decisions.
Nexus Minerals Limited has announced the expiry of its listed options (ASX: NXMO) on March 26, 2025. Option holders have the choice to exercise their options at $0.13 each, sell them before March 20, 2025, or allow them to expire. The announcement highlights the potential increase in the company’s share issuance if all options are exercised, which could impact the company’s market positioning and shareholder value.
Nexus Minerals Ltd., an exploration-focused company, presented information regarding its mineral resources and reserves at the RIU Explorers Conference. The announcement underscored Nexus’s commitment to transparency and adherence to industry standards, with qualified professionals vouching for the accuracy of the data presented. The release highlighted that no ore reserves have been delineated at the Pinnacles JV Gold Project or the Wallbrook Gold Project, indicating a need for further exploration and technical assessment to determine potential development and extraction opportunities.
Nexus Minerals Limited has commenced an 11,000-meter aircore drilling program at its Wallbrook Gold Project to further explore the Payns Prospect and new targets MC2.1 and MC5.3. This initiative is part of their ongoing strategy to identify significant gold deposits in the Eastern Goldfields, with assay results expected in March and April 2025. The program aims to enhance the project’s resource base, potentially impacting the company’s growth and stakeholder value.