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Nexus Minerals Ltd. (NXM) AI Stock Analysis
Nexus Minerals Ltd.
(ASX:NXM)
The score is primarily weighed down by very weak financial performance (zero recent revenue, ongoing losses, and persistent cash burn) and bearish technicals (price below key moving averages with negative momentum). Valuation provides limited support due to negative earnings and no dividend yield.
Nexus Minerals Ltd. (NXM) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 23.99M
- Dividend Yield
- ―
- Average Volume (3M)
- 623.60K
- Price to Earnings (P/E)
- -3.1
- Beta (1Y)
- 0.72
- Revenue Growth
- -100.00%
- EPS Growth
- 10.00%
- Country
- Australia
- Employees
- 13
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Nexus Minerals Ltd. Business Overview & Revenue Model
Company Description
Nexus Minerals Limited, an Australian exploration firm established in 2006 (initially known as Hemisphere Resources Limited) and based in West Perth, focuses on identifying gold and copper deposits. Its portfolio comprises several key gold projects,...
Nexus Minerals Ltd. Financial Statement Overview
Summary
Financial performance is very weak overall: revenue is inconsistent and fell to zero in the latest annual period, profitability is persistently negative with sizable annual net losses, and cash flow shows sustained and worsening operating cash burn. The main offset is a comparatively stronger balance sheet with low leverage and modest debt relative to equity.
Income Statement
9Very NegativeBalance Sheet
55NeutralCash Flow
18Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 598.71K | 1.36M | 0 | 14.76K |
| Gross Profit | -132.64K | -132.64K | 598.71K | 1.36M | -126.83K | 261.99K |
| EBITDA | -7.36M | -7.36M | -5.26M | -3.15M | -8.69M | -21.26M |
| Net Income | -6.53M | -6.53M | -5.23M | -3.18M | -8.83M | -21.10M |
Balance Sheet | ||||||
| Total Assets | 7.39M | 7.39M | 13.31M | 6.44M | 6.65M | 9.89M |
| Cash, Cash Equivalents and Short-Term Investments | 5.42M | 5.42M | 11.21M | 4.55M | 4.56M | 6.98M |
| Total Debt | 139.26K | 139.26K | 129.30K | 77.67K | 123.79K | 152.36K |
| Total Liabilities | 1.58M | 1.58M | 974.06K | 699.63K | 550.74K | 783.70K |
| Stockholders Equity | 5.82M | 5.82M | 12.34M | 5.74M | 6.10M | 9.10M |
Cash Flow | ||||||
| Free Cash Flow | -6.23M | -6.23M | -4.73M | -2.78M | -7.74M | -20.05M |
| Operating Cash Flow | -6.20M | -6.20M | -4.71M | -2.72M | -7.60M | -19.71M |
| Investing Cash Flow | 10.46M | 10.46M | -9,937 | -57.00K | -137.27K | -711.48K |
| Financing Cash Flow | -49.79K | -49.79K | 11.51M | 2.77M | 5.31M | 18.27M |
Nexus Minerals Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NXM, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 12.50 is Positive, neither overbought nor oversold. The STOCH value of 3.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NXM.
Nexus Minerals Ltd. Peers Comparison
Overall Rating
AU:AAU55Neutral
AU:FAU44Neutral
AU:RGL44Neutral
AU:ION43Neutral- AU:NXM43Neutral
AU:ZAG41Neutral
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:AAU | 55Neutral | AUD 18.88M | 5.86 | 3.21% | ― | ― | ― |
| AU:FAU | 44Neutral | AUD 30.11M | -4.83 | -74.10% | ― | 133.33% | -321.05% |
| AU:RGL | 44Neutral | AUD 16.11M | -4.38 | -315.34% | ― | ― | -240.00% |
| AU:ION | 43Neutral | AUD 107.48M | -14.46 | -95.49% | ― | -100.00% | -9.80% |
| AU:NXM | 43Neutral | AUD 23.99M | -3.15 | -84.88% | ― | -100.00% | 10.00% |
| AU:ZAG | 41Neutral | AUD 29.12M | 0.55 | 79.65% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:NXM | Nexus Minerals Ltd. | 0.03 | -0.05 | -58.02% | |
| AU:AAU | Antilles Gold Ltd | 0.01 | 0.00 | 0.00% | |
| AU:ZAG | Zuleika Gold Limited | 0.03 | -0.00 | -9.68% | |
| AU:ION | Southern Gold Limited | 0.08 | 0.04 | 92.86% | |
| AU:FAU | First AU Ltd. | 0.16 | -0.06 | -27.27% | |
| AU:RGL | Riversgold Ltd. | 0.01 | 0.00 | 0.00% |
Nexus Minerals Ltd. Corporate Events
Nexus Minerals Sets November AGM and Moves to Digital Investor Communications
Nexus Minerals Ltd. has convened its Annual General Meeting for shareholders to be held on 23 November 2026 in Subiaco, Western Australia, with voting available in person, by proxy, or via authorised representatives. The company is shifting away from...
Nexus Minerals launches diamond drilling to advance Wallbrook gold resources
Nexus Minerals Ltd. has commenced a ~2,000-metre diamond drilling program at its Wallbrook Gold Project to support maiden mineral resource estimates for the Payns and Branches prospects. The program aims to upgrade existing inferred resources to indi...
Nexus Minerals Raises $5.4m via ASX Share Placement
Nexus Minerals Ltd., an ASX-listed mineral exploration company trading under NXM, has issued additional fully paid ordinary shares as part of its capital management strategy. The placement underscores the company’s ongoing use of equity markets...
Nexus Minerals Seeks ASX Quotation for 101.9 Million New Shares
Nexus Minerals Ltd. has applied to the ASX for quotation of 101,886,793 ordinary fully paid shares, formalising the listing of these securities under the code NXM. The new quotation expands the company’s tradable share base, potentially enhanci...
Nexus Minerals Details Governance Framework for 2026
Nexus Minerals Ltd. has detailed its corporate governance framework for the year ended 30 June 2026, underscoring the board’s responsibility for strategic direction, executive appointments and performance oversight, as well as risk management a...
Nexus Minerals Releases Comprehensive 2026 Annual Report
Nexus Minerals Ltd has released its annual report for the year ended 30 June 2026, providing a comprehensive review of operations, financial performance, mineral resources and ore reserves. The report outlines governance structures, including board a...
Nexus Minerals Reaffirms Early-Stage Status of Pinnacles and Wallbrook Gold Projects
Nexus Minerals has released a company presentation that is largely a technical and legal update, reaffirming that its exploration results and mineral resource estimates for the Pinnacles JV and Wallbrook gold projects are prepared and reviewed by qua...
Nexus Minerals Plans Major Share and Option Issue to Boost Capital Base
Nexus Minerals Ltd. has lodged a notice of proposed securities issuance, outlining plans for a placement comprising up to 101,886,793 fully paid ordinary shares and 3,000,000 unlisted options. The new securities, expected to be issued on 25 September...
Nexus Minerals Raises A$5.4m to Accelerate Wallbrook Gold Exploration
Nexus Minerals has secured firm commitments for a A$5.4 million equity placement to institutional and sophisticated investors at A$0.053 per share, a modest discount to recent trading levels, leaving the company with more than A$8.7 million in cash b...
Nexus Minerals Doubles Wallbrook Gold Resources to 631,000 Ounces
Nexus Minerals has lifted its combined group mineral resources to 709,000 ounces of gold, driven mainly by a 108% increase at the Wallbrook Gold Project to 631,000 ounces across three deposits on granted mining leases. The updated estimate includes s...
Nexus Minerals Seeks Trading Halt Ahead of Capital Raising and Wallbrook Resource Upgrade
Nexus Minerals has requested an immediate trading halt in its securities on the ASX, with the halt to remain in place until the company releases an announcement or until normal trading resumes on 21 September 2026. The move is designed to manage trad...
Nexus Minerals Uncovers New High-Grade Lode at Wallbrook Gold Project
Nexus Minerals Ltd. is an Australian gold exploration company focused on advancing its Wallbrook Gold Project in Western Australia. The business targets high-grade gold mineralisation across prospects such as Crusader–Templar, Clement, Payns an...
Nexus Minerals Extends High-Grade Gold Zone at Wallbrook’s Templar Prospect
Nexus Minerals has reported the final tranche of reverse circulation drilling assays from the Templar prospect within its Crusader–Templar deposit, highlighting shallow high-grade gold intercepts of up to 41.27 grams per tonne. The drilling has...
Nexus Minerals Flags Early‑Stage Status of Pinnacles and Wallbrook Gold Projects
Nexus Minerals Ltd has issued a detailed presentation and accompanying disclosures ahead of its Diggers and Dealers conference appearance in Kalgoorlie, outlining the status of mineral resource estimates for its Pinnacles JV and Crusader‑Templa...
Nexus Minerals Advances Wallbrook Drilling and Moves to Fully Own Pinnacles Project
Nexus Minerals has completed 21,985 metres of reverse circulation drilling at its Wallbrook Gold Project, targeting new advanced resource definition prospects Clement, Payns and Branches, as well as extension opportunities at the Crusader–Templ...
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 30, 2026