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NEXM NEXM Mine Developement — Exploration Expense

Other product segments

Drilling
172,019,200%+151%
Electricity
102,031,200%+17.5%
Site Operations Administration And Overhead
98,707,100%-2.6%
Engineering And Technical Studies
82,212,500%-3.8%
Infrastructure And Equipment Maintainence
76,887,500%+8.2%
Geology
71,051,700%+19.5%
Freight Tools Supplies And Other Consumables
51,740,100%+267%
Geophysics
26,196,600%+15.5%
Share Based Compensation
16,514,400%-19.7%
Health And Safety
10,082,100%+7.7%
Environmental Social And Governance
8,593,900%+15.5%

Similar metrics at other companies

Paramount Gold Nevada logo
PZGExploration And Development Expenses
$1.12M+52.7%
Gold Resource logo
GOROMining Exploration Expense
$1.44M+197%
U.S. Gold Corp. logo
USAUExploration Expense
$436.91K-41.4%
Westwater Resources logo
WWRExploration Expense
$312K+4,357%
Contango Silver & Gold
 logo
CTGOExploration — Exploration Expense
$2.93M+1,132%
Perpetua Resources Corp. logo
PPTAExploration Expense
$53.1M+306%

Other financials

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

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Market cap$83.95M-25.5%
Enterprise value$59.36M

Returns & leverage

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

Where this comes from

Reported directly by NEXM in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The official record: NEXM’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NEXM's mine developement — exploration expense?
NEXM (NEXM) reported mine developement — exploration expense of 56,003,200% in Q1 2026.
How has NEXM's mine developement — exploration expense changed year-over-year?
NEXM's mine developement — exploration expense decreased by 16.2% year-over-year, from 66,861,900% to 56,003,200%.
What is the long-term trend for NEXM's mine developement — exploration expense?
Over 2 years (2023 to 2025), NEXM's mine developement — exploration expense has grown at a 13.7% compound annual growth rate (CAGR), from 221,265,700% to 285,977,900%.
What does mine developement — exploration expense mean?
This metric represents the total costs incurred by the company to identify, evaluate, and delineate potential mineral deposits within its exploration-stage projects. It encompasses geological surveys, drilling programs, and technical studies essential for advancing assets toward economic viability. Tracking this expenditure provides insight into the company's commitment to resource expansion and its long-term strategy for replenishing its mineral asset pipeline.