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NexMetals Mining Corp. (NEXM)

Basic Materials | Other Industrial Metals & Mining | Vancouver, Canada | NasdaqCM
2.20 USD -0.08 (-3.509%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:52 a.m. EDT

The immediate outlook is severely clouded by a brutal multi-year price collapse. Despite recent insider buying and operational updates regarding the Selkirk project, the stock has lost 87.58% of its value over the last nine years, with the last three years showing consecutive declines. This structural deterioration suggests the market has priced out the current business reality, rendering any short-term technical bounce highly speculative rather than a genuine recovery. Fundamentally, the company is in distress with negative earnings, negative free cash flow, and a forward P/E that indicates no expected profitability. There is no dividend to provide income or cushion the blow. While insiders are accumulating shares, likely betting on a turnaround or a specific catalyst, the underlying fundamentals—bleeding cash and eroding equity—are too weak to support a bullish stance. The recent price action shows some volatility but remains trapped well below its moving averages, confirming the bearish trend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.091074
AutoETS0.094421
AutoARIMA0.094422
AutoTheta0.245370

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 41%
H-stat 0.17
Ljung-Box p 0.000
Jarque-Bera p 0.684
Excess Kurtosis -0.52
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 2.047
Market Cap 78,425,960
Forward P/E -10.05
Beta 1.64
Previous Name North American Nickel Inc.
Website https://nexmetalsmining.com

Info Dump

Attribute Value
52 Week Change -0.6950067
Address1 1,111 West Hastings Street
Address2 15th Floor
All Time High 1,500.0
All Time Low 2.2
Ask 2.36
Ask Size 1
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 26,700
Average Daily Volume3 Month 35,295
Average Volume 35,295
Average Volume10Days 26,700
Beta 1.643
Bid 2.28
Bid Size 1
Book Value 1.417796
City Vancouver
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 2.2
Current Ratio 7.717
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.3
Day Low 2.1901
Debt To Equity 2.047
Display Name NexMetals Mining
Earnings Timestamp End 1,786,564,800
Earnings Timestamp Start 1,786,564,800
Ebitda -47,280,424
Ebitda Margins 0.0
Enterprise To Ebitda -1.136
Enterprise Value 53,704,408
Eps Current Year -0.94
Eps Forward -0.2188538
Eps Trailing Twelve Months -1.65
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.6097
Fifty Day Average Change -0.40969992
Fifty Day Average Change Percent -0.1569912
Fifty Two Week Change Percent -69.50067
Fifty Two Week High 10.35
Fifty Two Week High Change -8.150001
Fifty Two Week High Change Percent -0.78743964
Fifty Two Week Low 2.1901
Fifty Two Week Low Change 0.009900093
Fifty Two Week Low Change Percent 0.004520384
Fifty Two Week Range 2.1901 - 10.35
Financial Currency CAD
First Trade Date Milliseconds 1,254,144,600,000
Float Shares 21,976,737
Forward Eps -0.2188538
Forward P E -10.052373
Free Cashflow -69,766,208
Full Exchange Name NasdaqCM
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.02843
Held Percent Institutions 0.36462003
Implied Shares Outstanding 35,648,164
Industry Other Industrial Metals & Mining
Industry Disp Other Industrial Metals & Mining
Industry Key other-industrial-metals-mining
Ipo Expected Date 2,025-07-16
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,750,377,600
Last Split Factor 1:20
Long Business Summary NexMetals 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 Botswana. 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. The company was formerly known as Premium Resources Ltd. and changed its name to NexMetals Mining Corp. in June 2025. NexMetals Mining Corp. is headquartered in Vancouver, Canada.
Long Name NexMetals Mining Corp.
Market us_market
Market Cap 78,425,960
Market State PRE
Max Age 86,400
Message Board Id finmb_676087465
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -54,481,432
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 78,593,190
Open 2.34
Operating Cashflow -53,489,556
Operating Margins 0.0
Payout Ratio 0.0
Phone 604 770 4334
Prev Name North American Nickel Inc.
Previous Close 2.28
Price Eps Current Year -2.3404255
Price Hint 4
Price To Book 1.5517042
Profit Margins 0.0
Quick Ratio 6.89
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -0.07999992
Regular Market Change Percent -3.5087686
Regular Market Day High 2.3
Regular Market Day Low 2.1901
Regular Market Day Range 2.1901 - 2.3
Regular Market Open 2.34
Regular Market Previous Close 2.28
Regular Market Price 2.2
Regular Market Time 1,783,972,800
Regular Market Volume 57,539
Return On Assets -0.42515
Return On Equity -0.88382006
Sand P52 Week Change 0.20847368
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Shares Outstanding 35,648,164
Shares Percent Shares Out 0.0058999998
Shares Short 171,045
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 159,500
Short Name NexMetals Mining Corp.
Short Ratio 6.92
Source Interval 15
State BC
Symbol NEXM
Total Cash 26,220,756
Total Cash Per Share 0.736
Total Debt 1,467,689
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.65
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.495965
Two Hundred Day Average Change -1.295965
Two Hundred Day Average Change Percent -0.37070307
Type Disp Equity
Volume 57,539
Website https://nexmetalsmining.com
Zip V6E 2J3