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NEXM NEXM Exploration Expense

Exploration Expense at other companies

Solitario Resources logo
Solitario ResourcesXPL
$182K-23.8%
U.S. GoldMining Inc. logo
U.S. GoldMining Inc.USGO
$531.84K+138%
U.S. Gold Corp. logo
U.S. Gold Corp.USAU
$436.91K-41.4%
Trilogy Metals logo
Trilogy MetalsTMQ
$25K
Ivanhoe Electric logo
Ivanhoe ElectricIE
$23.21M+47.0%
TMC the metals company Inc. logo
TMC the metals company Inc.TMC
$13.26M+39.3%

Segments

By product

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Drilling172,019,200%+151%
Electricity102,031,200%+17.5%
Site Operations Administration And Overhead98,707,100%-2.6%
Engineering And Technical Studies82,212,500%-3.8%
Infrastructure And Equipment Maintainence76,887,500%+8.2%
Geology71,051,700%+19.5%

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 exploration expense?
NEXM (NEXM) reported exploration expense of 772,039,500% in Q1 2026.
How has NEXM's exploration expense changed year-over-year?
NEXM's exploration expense increased by 25.8% year-over-year, from 613,577,700% to 772,039,500%.
What is the long-term trend for NEXM's exploration expense?
Over 2 years (2023 to 2025), NEXM's exploration expense has grown at a 32.3% compound annual growth rate (CAGR), from 3,611,649,700% to 6,324,503,400%.
What does exploration expense mean?
Represents the costs incurred by a mining company to identify, evaluate, and delineate potential mineral deposits. This is a critical indicator of a company's commitment to future resource growth and long-term asset development.