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NexMetals Mining(NASDAQ) NEXM

Market Cap$77.36MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2022)-93%
5 Year-89%
1 Year-59%
1 Month-14%
$2.12
-0.47%
-0.01Today
NexMetals Mining last closing stock price
MetricPriceDate
Last closeUSD 2.172026-07-31
NexMetals Mining stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0%USD 2.172026-07-24
1 month-14.23%USD 2.532026-07-01
3 month-18.73%USD 2.672026-05-01
Year to date-44.5%USD 3.912025-12-31
1 year-59.36%USD 5.342025-07-31
3 year-89.31%USD 20.302023-08-01
5 year-88.86%USD 19.482021-07-28
Since inception-93.22%USD 32.002022-08-18

NexMetals Mining Financials at a Glance

Market Cap

$77.36MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$0.00

Net Income (TTM)

-CA$51.50M

EPS (TTM)

-$1.53

P/E Ratio

-1.42

Dividend

$0.00

Beta (Volatility)

0.81 (Low)

Price

$2.12

Volume

1,731.763

Open

$2.12

Previous Close

$2.17

Daily Range

$2.12 - $2.18

52-Week Range

$2.03 - $6.65

Estimated Earnings Date

Aug 12, 2026

NEXM News

No articles available.

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About NexMetals Mining

NexMetals explores and develops metals used in batteries and electronics. Its projects aim to supply copper, nickel, and cobalt for global industries. These metals help power electric vehicles and support renewable energy systems.

Digging Deeper: What NexMetals Does

  • Mineral Exploration: Searches for copper, nickel, cobalt, and platinum group metals in Botswana and Canada (pre-revenue).
  • Project Development: Advances Selebi and Selkirk mines from exploration to potential production, targeting battery and electronics industries.
  • Technical Studies: Conducts drilling, resource estimation, and metallurgical testing to assess economic potential of mineral deposits.
  • Asset Redevelopment: Focuses on reviving previously producing mines with existing infrastructure to reduce costs and timelines.

Growth Spurts: NexMetals’ Expansion Moves

  • Acquired Selebi and Selkirk mines in Botswana in 2022, expanding its asset base.
  • Raised $46M in private placement and converted $20.9M debt to equity in March 2025.
  • Secured $80M through public offering and private placement in November 2025 for project advancement.
  • Launched major drilling programs at Selebi and Selkirk in 2025, drilling over 25,000 meters.
  • Initiated a Preliminary Economic Assessment for Selebi Mines in October 2025.

What Makes NexMetals Stand Out

NexMetals focuses on redeveloping mines with existing infrastructure, aiming to lower costs and speed up progress. The company uses advanced testing to produce high-grade metal concentrates, which may reduce the need for expensive processing plants. Its recapitalization and new management support a shift toward larger-scale project development.

Five Things You Need to Know

  • No revenue in 2025 or 2024; company remains in exploration stage.
  • Net loss was $59.1 million in 2025, up 39.3% from 2024.
  • Raised $119.7 million in financing in 2025 to fund operations and acquisitions.
  • Exploration spending reached $36.1 million in 2025, mainly at Selebi and Selkirk.
  • Cash and cash equivalents were $39.8 million at year-end 2025, up from $6.1 million in 2024.

Bottom Line

NexMetals is evolving from a pure explorer to a developer of key battery metals. Its focus on Botswana assets and recapitalization mark a shift toward larger-scale operations.

AI Generated • Apr 16, 2026

Industry

Metals and Mining

Sector

Materials

Employees

204

CEO

Sean M. Whiteford

Website

premiumnickelresources.ca

Headquarters

Vancouver, BC V6E 2J3, CA

NEXM Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

0.00%

Net Income Margin

0.00%

Return on Equity

-102.39%

Return on Capital

-59.90%

Return on Assets

-67.19%

Earnings Yield

-70.42%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$77.36MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

35.65M

Volume

1.73K

Avg. Volume

33.25K

Financials (TTM)

Gross Profit

-CA$1.86M

Operating Income

-CA$49.85M

EBITDA

-CA$49.64M

Operating Cash Flow

-CA$49.43M

Capital Expenditure

-CA$3.12M

Free Cash Flow

-CA$52.55M

Cash & ST Invst.

CA$26.29M

Total Debt

CA$1.69M

NexMetals Mining Performance Analysis

NexMetals Mining annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31CAD 0N/A
20232023-12-31CAD 0N/A
20242024-12-31CAD 0N/A
20252025-12-31CAD 0N/A
NexMetals Mining sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30N/A
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/A
NexMetals Mining annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31CAD -3.83-63.0%
20232023-12-31CAD -3.73-2.4%
20242024-12-31CAD -3.67-1.8%
20252025-12-31CAD -2.05-44.1%
NexMetals Mining sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-3050.0%
Q32025-09-30-7.1%
Q42025-12-3152.0%
Q12026-03-3113.9%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

CA$0.00

N/A

Gross Profit

-CA$423.51K

+33.4%

Gross Margin

0.00%

N/A

Market Cap

$77.36MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$379.20K

N/A

Employees

204

N/A

Net Income

-CA$7.64M

+49.8%

EBITDA

-CA$7.21M

+49.1%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

CA$26.29M

-42.2%

Total Debt

CA$1.69M

+679.3%

Accounts Receivable

CA$982.03K

+33.0%

Inventory

CA$0.00

N/A

Long Term Debt

CA$1.32M

+1560.1%

Short Term Debt

CA$368.91K

+169.2%

Return on Assets

-67.19%

N/A

Return on Invested Capital

-69.14%

N/A

Free Cash Flow

-CA$13.01M

-105.0%

Operating Cash Flow

-CA$12.24M

-94.4%

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Questions About NEXM

What is the current price of NexMetals Mining?

NexMetals Mining is trading at $2.17 per share.

What is the 52-week range for NexMetals Mining?

Over the past 52 weeks, NexMetals Mining has traded between $2.03 and $6.65.

How much debt does NexMetals Mining have?

As of the most recent reporting period, NexMetals Mining reported total debt of CA$1.21M.

How much cash does NexMetals Mining have on hand?

NexMetals Mining reported CA$18.79M in cash and cash equivalents in its most recent financial results.

What is NexMetals Mining’s dividend yield?

NexMetals Mining does not currently have a dividend yield.

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