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NEX

Nexmetals Mining Corp.

NEXM

NexMetals Mining Corp. is a mineral exploration and evaluation company dedicated to the discovery and development of high-quality copper, nickel, cobalt, and platinum group elements (Cu-Ni-Co-PGE).

Market cap
$77.71M-35.2%
Net income-$54.5M-12.8%
Free cash flow-$57.0M-60.9%
EPS (diluted)$4.61-48.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 12, 2026 (In 3 weeks)
EPS estimate-$1.32

Financials

Q1 2026

Income statement

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Net income-$10.6M+30.2%
EPS (diluted)$0.30-77.9%

Balance sheet

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Cash & equivalents$25.9M-42.6%
Total debt$1.3M
Total equity$71.7M+39.0%
Total assets$81.1M+27.1%

Cash flow

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Operating cash flow-$12.2M-93.9%
CapEx$768.5K+1,436%
Free cash flow-$13.0M-104%

Valuation & ratios

Valuation

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Market cap$77.71M-35.2%
Enterprise value$53.12M

Returns & leverage

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Return on equity-88.4%-30.3pp
Debt / equity
Current ratio7.7×+1.3×

Competitors

Profile

NexMetals Mining Corp. is a mineral exploration and evaluation company dedicated to the discovery and development of high-quality copper, nickel, cobalt, and platinum group elements (Cu-Ni-Co-PGE). The company's core value proposition centers on its strategic assets in Botswana, where it leverages existing infrastructure and 10-year mining licenses to advance projects toward economic production. By focusing on critical battery and industrial metals, the company aims to capitalize on the global transition toward sustainable energy and electrification.

Competitive position

NEXM is an emerging explorer in the critical minerals space, distinguished by its ownership of brownfield assets with significant existing infrastructure in a mining-friendly jurisdiction.

GeographiesBotswana, Canada
Customer segmentsIndustrial manufacturers, Commodity markets
Business modelResource exploration, Asset development
SuppliersGeological consulting services, Drilling contractors, Mining equipment suppliers, Governmental licensing authorities
CustomersSmelters, Refineries, Metal commodity exchanges
CountryCanada
Listed2022
CEOSean Whiteford
FilingsSEC EDGAR

Questions, answered.

What is Nexmetals Mining Corp.'s market cap?
Nexmetals Mining Corp. (NEXM) has a market capitalization of $77.7M and trades on NASDAQ.
Who are Nexmetals Mining Corp.'s competitors?
Nexmetals Mining Corp.'s key competitors include Dakota Gold Corp., Solitario Resources Corp., U.S. Gold Corp. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Nexmetals Mining Corp. partner with?
Nexmetals Mining Corp.'s notable partners include Cymbria Corporation, Export-Import Bank of the United States.
Where is Nexmetals Mining Corp. headquartered?
Nexmetals Mining Corp. is headquartered in Canada. It has been publicly traded since 2022.