NexMetals Mining Corp.
NEXMBasic MaterialsNASDAQOther Industrial Metals & Mining · Last scanned Oct 24, 2026
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. With a market capitalization of $49.2M, it sits in micro-cap territory. 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
$49.2M
Beta
1.72
P/E (TTM)
—
P/E (Fwd)
-6.35
EPS (TTM)
$-1.22
EPS (Fwd)
$-0.22
ROE
-104.3%
ROA
-50.6%
Cash
$17.0M
Total Debt
$1.4M
Free CF
-$62.1M
52W Change
-71.7%
Annual Financials
Cash vs Debt
Where NEXM stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, NEXM finished 38.56% below its 150-day moving average ($2.36) and 46.49% below its 200-day moving average ($2.71). 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 October 20, 2026 close, NEXM's RSI(14) was 20.1, in oversold territory (below 30). 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.
The balance sheet looks solid with $17.0M in cash comfortably exceeding the $1.4M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. 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.
With a beta above 1.5, NEXM tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. 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. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NEXM.