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Nex Metals Explorations Ltd (NME) AI Stock Analysis
Nex Metals Explorations Ltd
(ASX:NME)
The overall score is driven primarily by very weak and high‑risk financials—minimal revenue, negative equity, and sustained cash burn—combined with a clear technical downtrend and fragile operating profile, with only modest support from an optically low P/E that is undermined by the low quality and volatility of earnings.
Nex Metals Explorations Ltd (NME) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 3.76M
- Dividend Yield
- ―
- Average Volume (3M)
- 184.92K
- Price to Earnings (P/E)
- 3.4
- Beta (1Y)
- -0.03
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Australia
- Employees
- 4
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Nex Metals Explorations Ltd Business Overview & Revenue Model
Company Description
Nex Metals Explorations Limited, an Australian enterprise, specializes in the prospecting and development of mineral resources across the continent. The company's primary focus lies in identifying and extracting gold, copper, and nickel ores. Its ass...
Nex Metals Explorations Ltd Financial Statement Overview
Summary
Financial performance is very weak, with almost no revenue, persistent operating losses, negative equity, and ongoing cash burn, despite some recent one‑off improvements in profit and asset base.
Income Statement
28NegativeBalance Sheet
18Very NegativeCash Flow
24Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 5,000 | 0 | 0 | 0 |
| Gross Profit | -54.62K | -54.62K | 5,000 | -9,279 | -12.10K | -15.70K |
| EBITDA | -651.40K | -651.40K | -1.84M | -786.90K | -1.03M | -2.32M |
| Net Income | 1.05M | 1.05M | -1.84M | -579.11K | -1.04M | -1.79M |
Balance Sheet | ||||||
| Total Assets | 1.92M | 1.92M | 763.45K | 909.68K | 1.44M | 1.71M |
| Cash, Cash Equivalents and Short-Term Investments | 422.45K | 422.45K | 150.91K | 292.29K | 270.26K | 15.78K |
| Total Debt | 485.64K | 485.64K | 137.84K | 517.66K | 257.90K | 806.67K |
| Total Liabilities | 2.39M | 2.39M | 2.19M | 2.23M | 1.83M | 5.27M |
| Stockholders Equity | -471.23K | -471.23K | -1.43M | -1.32M | -390.13K | -3.55M |
Cash Flow | ||||||
| Free Cash Flow | -416.09K | -416.09K | -489.19K | -438.24K | -97.79K | -938.04K |
| Operating Cash Flow | -416.09K | -416.09K | -489.19K | -423.64K | -71.93K | -773.01K |
| Investing Cash Flow | 585.50K | 585.50K | -831.94K | -14.60K | -25.86K | -165.02K |
| Financing Cash Flow | 102.14K | 102.14K | 1.18M | 460.27K | 352.27K | 462.89K |
Nex Metals Explorations Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NME, the sentiment is Negative. The current price of 0.01 is above the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 32.57 is Neutral, neither overbought nor oversold. The STOCH value of -12.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NME.
Nex Metals Explorations Ltd Peers Comparison
Overall Rating
- AU:NME42Neutral
AU:CDR41Neutral
AU:DBO38Underperform
AU:NPM37Underperform
AU:RBX33Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:NME | 42Neutral | AUD 3.76M | 3.44 | -96.55% | ― | ― | ― |
| AU:CDR | 41Neutral | AUD 19.32M | -5.29 | -561.82% | ― | ― | 36.45% |
| AU:DBO | 38Underperform | AUD 4.87M | -1.73 | -40.61% | ― | ― | 22.39% |
| AU:NPM | 37Underperform | AUD 4.27M | 0.53 | 44.41% | ― | ― | ― |
| AU:RBX | 33Underperform | AUD 3.20M | -3.71 | -62.56% | ― | ― | 70.75% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:NME | Nex Metals Explorations Ltd | 0.01 | -0.01 | -54.17% | |
| AU:RBX | Resource Base Limited | 0.02 | -0.03 | -58.18% | |
| AU:CDR | Codrus Minerals Ltd | 0.04 | 0.01 | 63.64% | |
| AU:DBO | Diablo Resources Limited | 0.01 | -0.01 | -56.52% | |
| AU:NPM | NewPeak Metals Ltd. | 0.01 | -0.01 | -54.55% |
Nex Metals Explorations Ltd Corporate Events
Nex Metals Sets November Date for 2026 AGM as It Pursues Capital-Light Gold Growth
Nex Metals Explorations Ltd is a gold project explorer and developer aiming to become a cash-generative gold producer through a capital-light strategy. Its portfolio includes the Kookynie Gold Tailings Project in Western Australia and a joint venture...
Nex Metals Updates Board as It Pursues Capital-Light Gold Expansion
Nex Metals Explorations Ltd, an ASX-listed gold explorer and developer, is pursuing a capital-light path to become a cash-generative gold producer through Western Australian projects like the Kookynie Gold Tailings Project and a joint venture with th...
Nex Metals expands Eastern Goldfields footprint with major Keith–Kilkenny licence push
Nex Metals Explorations, via its Nex Wongatha joint venture, has lodged 12 new exploration licence applications covering about 1,947 km² along the Keith–Kilkenny Trend in Western Australia’s Eastern Goldfields, significantly expandin...
Nex Metals JV Moves to Vastly Expand East Scotia Gold Project in WA
Nex Metals Explorations Ltd has significantly expanded its East Scotia Gold Project in Western Australia through its Nex Wongatha joint venture, lodging four new exploration licence applications. The project now comprises three granted exploration li...
Nex Metals Moves Kookynie Tailings Closer to Development With New Lease Bid
Nex Metals Explorations Ltd has lodged an application for a 100-hectare General Purpose Lease about 10 kilometres east of the Kookynie Tailings Project, identifying the site as its preferred location for new processing infrastructure jointly owned wi...
Nex Metals Details Arika Escrow Changes as Voting Power Falls Below Substantial Holder Threshold
Nex Metals Explorations Ltd has updated the market on changes to its shareholding in Arika Resources, where it holds a significant stake linked to gold projects at Yundamindra and Kookynie. Arika has confirmed that 14,705,883 Nex Metals-held shares w...
Nex Metals Retracts Historic Data, Advances West Point JV Gold-Copper Project
Nex Metals Explorations Ltd has retracted previously disclosed historical exploration results for the West Point Gold-Copper Project, the maiden asset in its joint venture with Wangkatja Tjungula Aboriginal Corporation, after confirming these data ha...
Nex Metals JV Acquires East Scotia Gold Project in WA’s Eastern Goldfields
Nex Metals Explorations and the Wangkatja Tjungula Aboriginal Corporation joint venture have agreed to acquire the East Scotia Gold Project in Western Australia’s Eastern Goldfields, marking the JV’s second project. The package comprises...
Nex Metals JV Targets West Point as First Gold-Copper Project
Nex Metals Explorations Ltd has identified the West Point Gold-Copper Project in Western Australia as the maiden acquisition for its joint venture with the Wangkatja Tjungula Aboriginal Corporation. The project, secured at minimal cost, sits within t...
Nex Metals Deepens WTAC JV and Advances Gold Projects in WA and Egypt
Nex Metals’ Q4 FY26 report details a binding joint venture with Wangkatja Tjungula Aboriginal Corporation, expanding their collaboration beyond the existing Kookynie Gold Tailings profit-sharing arrangements. WTAC will fund the venture via unse...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 06, 2026