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Nine Mile Metals Ltd (TSE:NINE)
:NINE
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$20.39M
Enterprise ValueC$10.11M
Total Cash (Recent Filing)C$44.14K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta4.05
Next Earnings
Mar 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
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 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
Low Leverage / Clean Balance SheetA very low debt profile and a meaningful equity base give the company durable financial flexibility to fund exploration or structure partnerships without immediate solvency pressure. Low leverage reduces short-term default risk and supports raising junior capital or entering JV/option deals over coming months.
Improving Cash Burn TrendThe notable improvement in operating cash outflows signals better cost control or program efficiency, reducing near-term funding needs. A sustained downward burn trend improves runway and makes future financings or farm‑out negotiations less dilutive if maintained over the next several quarters.
Clear Exploration Monetization PathwaysAs an exploration-stage miner, the company operates a durable, structurally accepted model: advance targets to attract partners or buyers. These recurring exit avenues (JV, sale, royalties) provide multiple realistic routes to crystallize value from exploration successes over a 2–6 month to multi‑year horizon.
Bears Say
Pre-revenue OperationsA complete lack of operating revenue means the company cannot self-fund activities and has no margin buffer. This structural dependence on non-operating funding elevates execution and financing risk, reducing resilience to adverse market or fundraising conditions over the medium term.
Consistent Negative Free Cash FlowPersistent negative free cash flow forces recurring capital raises or dilution and constrains the ability to scale exploration. Over months, continued outflows increase funding risk, pressure equity holders, and can delay or limit drilling programs if fresh capital is unavailable.
Eroding Equity From Ongoing BurnA declining equity base over several years signals cumulative losses reducing balance sheet resilience. If the trend persists, it impairs bargaining power in joint ventures, limits non-dilutive options, and raises the probability of more dilutive financings to sustain exploration programs.
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$20.39M.
When is Nine Mile Metals Ltd’s upcoming earnings report date?
Nine Mile Metals Ltd’s upcoming earnings report date is Mar 02, 2026 which is in 10 days.
How were Nine Mile Metals Ltd’s earnings last quarter?
Currently, no data Available
Is Nine Mile Metals Ltd overvalued?
According to Wall Street analysts Nine Mile Metals Ltd’s price is currently Overvalued.
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?
Currently, no data Available
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.
Technical Analysis
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Options Prices
Currently, No data available
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