CANEX Metals (NOMNF) Price & Analysis

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NOMNF Stock Chart & Stats

$0.14

$0.00(0.00%)

At close: Dec 20 4:00 PM EST

$0.14

$0.00(0.00%)

Day’s Range― - ―

52-Week Range$0.03 - $0.35

Previous CloseN/A

Volume14.00K

Average Volume (3M)4.98K

Market Cap

$38.15M

Enterprise Value$30.64M

Total Cash (Recent Filing)$3.16M

Total Debt (Recent Filing)$0.00

Price to Earnings (P/E)―

Beta-7.71

Next Earnings

May 14, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding208,627,870

10 Day Avg. Volume2,261

30 Day Avg. Volume4,983

Financial Highlights & Ratios

PEG Ratio-0.76

Price to Book (P/B)2.90

Price to Sales (P/S)0.00

P/FCF Ratio-83.56

Enterprise Value/Market Cap0.80

Enterprise Value/RevenueN/A

Enterprise Value/Gross Profit-8.05K

Enterprise Value/Ebitda-56.05

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

Conservative Balance SheetNo reported debt and a materially larger equity base provide structural solvency protection, reducing bankruptcy and refinancing risk. This conservative leverage profile lengthens the company's runway for multi-quarter exploration programs and supports steady project advancement through cycles.

Improving Cash Burn TrendFree cash flow and cash burn have trended better versus prior years, indicating tighter capital allocation and operational discipline. A durable reduction in cash consumption extends the firm’s ability to fund exploration without immediate dilutive financing, improving medium-term sustainability.

Focused Exploration Business ModelA clear, specialist exploration strategy (gold and copper) creates operational focus and aligns with long-term demand for precious and base metals. Focus aids technical execution, partner interest, and capital targeting, which are durable advantages for advancing discovery-stage assets.

Bears Say

No Revenue / Persistent LossesThe absence of any revenue and continued negative operating results means the business model remains unproven commercially. Persistent losses force reliance on external capital, erode shareholders' equity over time, and delay any path to sustained profitability or internally funded growth.

Ongoing Negative Cash FlowNegative operating cash flow and free cash flow reflect ongoing cash burn that constrains the company’s ability to scale exploration programs or respond to opportunities. Continued outflows increase dependence on dilutive fundraising or costly financing, pressuring long-term capital efficiency.

Low Capital Efficiency (Negative ROE)Despite growing assets and equity, a negative TTM ROE indicates the company is not converting capital into value. Poor capital efficiency raises the risk that additional funding will not yield proportional resource or financial returns, limiting durable investor upside.

CANEX Metals News

CANEX Moves to Assert Control at Gold Basin With Court-Ordered AGM

An update from CANEX Metals ( ($TSE:CANX) ) is now available. CANEX Metals has called an annual general...

9d ago

Court Orders Early Gold Basin Shareholder Meeting, Tightens Limits on Board Actions

The latest update is out from CANEX Metals ( ($TSE:CANX) ). CANEX Metals said the Supreme Court of...

20d ago

CANEX Metals Secures Majority Stake in Gold Basin and Moves to Privatization

An update from CANEX Metals ( ($TSE:CANX) ) is now available. CANEX Metals has successfully concluded its offer...

21d ago

CANEX Metals Seizes Control of Gold Basin and Moves to Reshape Governance

CANEX Metals ( ($TSE:CANX) ) has shared an announcement. CANEX Metals has secured a controlling 51.93% stake in...

26d ago

CANEX Metals Secures Majority Control of Gold Basin and Extends Takeover Offer

CANEX Metals ( ($TSE:CANX) ) has issued an update. CANEX Metals has secured control of Gold Basin Resources...

1M ago

CANEX Metals Challenges Gold Basin’s Secured Loan Deal, Urges Shareholders to Back Takeover Bid

CANEX Metals ( ($TSE:CANX) ) has provided an update. CANEX Metals has reaffirmed its commitment to its outstanding...

1M ago

CANEX Metals Nears Majority Support in Gold Basin Bid, Extends Offer Deadline

CANEX Metals ( ($TSE:CANX) ) has shared an update. CANEX Metals has reported that 49.02% of Gold Basin...

1M ago

CANEX Metals Gains Strong Backing in Gold Basin Bid, Extends Offer and Lowers Tender Threshold

CANEX Metals ( ($TSE:CANX) ) has issued an update. CANEX Metals has reported that 47% of Gold Basin...

2M ago

CANEX Metals Raises $3 Million and Gains New Insider as Gold Basin Bid Builds Momentum

CANEX Metals ( ($TSE:CANX) ) has shared an update. CANEX Metals has closed a non-brokered private placement of...

2M ago

CANEX Metals Secures $3 Million Financing to Support Gold Basin Acquisition

An announcement from CANEX Metals ( ($TSE:CANX) ) is now available. CANEX Metals Inc. has announced a C$3...

3M ago

NOMNF FAQ

What was CANEX Metals Inc’s price range in the past 12 months?

CANEX Metals Inc lowest stock price was $0.03 and its highest was $0.35 in the past 12 months.

What is CANEX Metals Inc’s market cap?

CANEX Metals Inc’s market cap is $38.15M.

When is CANEX Metals Inc’s upcoming earnings report date?

CANEX Metals Inc’s upcoming earnings report date is May 14, 2026 which is in 71 days.

How were CANEX Metals Inc’s earnings last quarter?

CANEX Metals Inc released its earnings results on Feb 24, 2026. The company reported -$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.001.

Is CANEX Metals Inc overvalued?

According to Wall Street analysts CANEX Metals Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does CANEX Metals Inc pay dividends?

CANEX Metals Inc does not currently pay dividends.

What is CANEX Metals Inc’s EPS estimate?

CANEX Metals Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does CANEX Metals Inc have?

CANEX Metals Inc has 208,627,870 shares outstanding.

What happened to CANEX Metals Inc’s price movement after its last earnings report?

CANEX Metals Inc reported an EPS of -$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 CANEX Metals Inc?

Currently, no hedge funds are holding shares in NOMNF

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

Company Description

CANEX Metals Inc

CANEX Metals Inc. engages in the acquisition, exploration, and development of mineral properties. The company explores for gold and silver deposits. It holds interests in the Gold Range property that consists of 202 lode mining claims and 2 patented claims covering an area of 1,504 hectares located in Mohave County, Arizona; Gibson property covering an area of 887 hectares located in central British Columbia; and the Echo, Fulton, Red, and Beal properties located in British Columbia. The company was formerly known as Northern Abitibi Mining Corp. and changed its name to CANEX Metals Inc. in April 2017. CANEX Metals Inc. is headquartered in Calgary, Canada.