Nine Mile Metals Ltd (TSE:NINE)
:NINE
Want to see TSE:NINE full AI Analyst Report?
NINE Stock Chart & Stats
C$0.17
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.17
C$0.00(0.00%)
Day’s Range― - ―
52-Week Range<C$0.01 - C$0.28
Previous CloseN/A
Volume65.60K
Average Volume (3M)713.49K
Market Cap
C$12.98M
Enterprise ValueC$4.95M
Total Cash (Recent Filing)C$44.14K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta3.65
Next Earnings
May 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding185,363,270
10 Day Avg. Volume546,188
30 Day Avg. Volume713,493
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.22
Price to Sales (P/S)0.00
P/FCF Ratio-1.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.32Price Target Upside88.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Solid Balance SheetLow leverage and a positive equity base provide durable financial flexibility for an exploration company. With minimal debt service requirements the firm can prioritize drilling and surveys, retain optionality for JV/partnering, and reduce bankruptcy risk during prolonged funding cycles.
Narrowing Net LossesA meaningful reduction in annual net loss signals improving cost control and operational discipline. For an explorer this durable trend can lengthen runway per financing, improve capital-raising terms, and indicate management is prioritizing efficient, targeted programs over unrestricted cash burn.
Focused Exploration StrategyA clear, repeatable exploration program focused on advancing targets through mapping, geophysics and drilling creates reproducible optionality. Systematic field work builds technical value, increases chances for partner/jv interest, and supports value-creation milestones over months to years.
Bears Say
No Operating RevenueBeing pre-revenue means the company lacks internally generated cash to fund operations or de-risk projects. This structural state forces reliance on capital markets and makes long-term project timelines and monetization uncertain until a producing asset or transaction emerges.
Persistent Negative Cash FlowConsistent negative operating and free cash flows create a structural funding requirement. Even with improved burn in 2025, ongoing outflows necessitate external financing, increasing dilution risk, the chance of program delays, and vulnerability to capital market cycles over the next months.
Eroding Equity / Negative ROEDeclining shareholders' equity and negative ROE reflect cumulative losses consuming the capital base. This weakens the financial buffer for exploration setbacks, limits balance-sheet flexibility for larger joint ventures, and signals persistent inability so far to convert expenditures into value.
Nine Mile Metals Ltd News
NINE FAQ
What was Nine Mile Metals Ltd’s price range in the past 12 months?
Nine Mile Metals Ltd lowest stock price was <C$0.01 and its highest was C$0.28 in the past 12 months.
What is Nine Mile Metals Ltd’s market cap?
Nine Mile Metals Ltd’s market cap is C$12.98M.
When is Nine Mile Metals Ltd’s upcoming earnings report date?
Nine Mile Metals Ltd’s upcoming earnings report date is May 29, 2026 which is in 31 days.
How were Nine Mile Metals Ltd’s earnings last quarter?
Nine Mile Metals Ltd released its earnings results on Mar 03, 2026. The company reported -C$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.002.
Is Nine Mile Metals Ltd overvalued?
According to Wall Street analysts Nine Mile Metals Ltd’s price is currently Undervalued.
Does Nine Mile Metals Ltd pay dividends?
Nine Mile Metals Ltd does not currently pay dividends.
What is Nine Mile Metals Ltd’s EPS estimate?
Nine Mile Metals Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nine Mile Metals Ltd have?
Nine Mile Metals Ltd has 185,363,270 shares outstanding.
What happened to Nine Mile Metals Ltd’s price movement after its last earnings report?
Nine Mile Metals Ltd reported an EPS of -C$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5%.
Which hedge fund is a major shareholder of Nine Mile Metals Ltd?
Currently, no hedge funds are holding shares in TSE:NINE
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
Nine Mile Metals Ltd
Nine Mile Metals Ltd. engages in the acquisition, development, and exploration of mineral properties. It holds interests in Black Point Property located in Eureka County, Nevada. The company also holds interest in the Nine Mile Brook and the Canoe Landing Lake West mining projects located in New Brunswick, Canada. The company was formerly known as Stevens Gold Nevada Inc. and changed its name to Nine Mile Metals Ltd. in January 2022. Nine Mile Metals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada.
NINE Stock 12 Month Forecast
Average Price Target
C$0.32
▲(88.24% Upside)
Technical Analysis
Options Prices
Currently, No data available
---