NexMetals Mining Corp.
NEXMBasic MaterialsNASDAQOther Industrial Metals & Mining
Scan Results
Daily timeframeNexMetals Mining Corp., a mineral exploration and evaluation company, focuses on the discovery and advancement of copper-nickel-cobalt-platinum group elements resources in Canada, Barbados, and. At a $83.8M market cap, NexMetals Mining Corp. ranks as a micro-cap company within basic materials. Its flagship are the Selebi and Selebi North copper-nickel-cobalt mines in Botswana and related infrastructure, as well as the Cu-Ni-Co-PGE Selkirk mine in Botswana, together with associated infrastructure and four surrounding prospecting licences.
Market Cap
$83.8M
Beta
1.67
P/E (TTM)
—
P/E (Fwd)
-10.47
EPS (TTM)
$-1.18
EPS (Fwd)
$-0.22
ROE
-104.3%
ROA
-50.6%
Cash
$17.0M
Total Debt
$1.4M
Free CF
-$62.1M
52W Change
-59.8%
Annual Financials
Cash vs Debt
Where NEXM stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, NEXM finished 15.56% below its 150-day moving average ($2.70) and 23.49% below its 200-day moving average ($2.98). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is NEXM overbought or oversold?
At the September 3, 2026 close, NEXM's RSI(14) was 55.0, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
NexMetals Mining Corp. holds $17.0M in cash against $1.4M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$62.1M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -104.3% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity.
NexMetals Mining Corp.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. With cash comfortably exceeding debt, NEXM has financial flexibility that may help navigate uncertain periods. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence NexMetals Mining Corp.'s trajectory.