Nine Mile Metals Ltd (TSE:NINE)
:NINE
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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$13.90M
Enterprise ValueC$5.80M
Total Cash (Recent Filing)C$44.14K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta3.69
Next Earnings
Jun 01, 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 / Balance Sheet StabilityConsistently minimal leverage and a multi‑million equity base provide durable financial flexibility for a pre‑revenue explorer. Low debt reduces near‑term bankruptcy and covenant risk, making it easier to raise project financing or transact assets without debt overhang.
Improving Cash Burn And LossesA clear reduction in operating outflows and narrowing net losses indicates management is moderating spend or improving operational efficiency. Sustained improvement in burn rate extends runway, lowers near‑term financing frequency, and strengthens prospects for advancing exploration without immediate financing shocks.
Focused Critical‑minerals Exploration StrategyConcentrating on VMS and critical minerals aligns the business with structural demand for battery and electrification metals. This strategic focus enhances long‑term relevance, makes assets attractive to majors and partners, and supports multiple exit paths (JV, sale, or development) over months to years.
Bears Say
Pre‑revenue Business ModelOperating without any sales is a structural limitation: margins cannot be demonstrated and the firm remains wholly reliant on capital markets. Without a revenue base, sustainable self‑funding is unlikely in the medium term and operational progress depends on periodic financings.
Persistent Negative Cash Flow And Funding RiskChronic negative operating and free cash flow creates ongoing financing dependence and dilution risk. Even with improved burn, repeated capital raises can constrain long‑term strategy, delay projects, and shift focus from value‑creating exploration to near‑term liquidity management.
Very Small Operational ScaleA single employee headcount signals limited in‑house technical and operational capacity, increasing reliance on contractors or partners. This raises execution and governance risks, can slow project advancement, and may raise costs and coordination friction versus better‑resourced peers.
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$13.90M.
When is Nine Mile Metals Ltd’s upcoming earnings report date?
Nine Mile Metals Ltd’s upcoming earnings report date is Jun 01, 2026 which is in 11 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
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