Nine Mile Metals Ltd (NINE) Stock Price & Analysis

6 Followers

NINE Stock Chart & Stats

CA$0.11-CA$0.01(-16.00%)

At close: Nov 10 4:00 PM EST

Day’s Range: CAD 0.11 - CAD 0.11
52-Week Range: CAD 0.03 - CAD 0.28
Previous Close: CAD 0.13
Volume: N/A
Average Volume (3M): 638.57K
Market Cap: CAD 20.47M
Enterprise Value: CAD 12.39M
Total Cash (Recent Filing): CAD 4.92M
Total Debt (Recent Filing): CAD 0
Price to Earnings (P/E): ―
Beta: 4.01
Next Earnings: Jan 25, 2027 (Est.)
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Debt-free Balance Sheet

Zero reported debt limits leverage and refinancing exposure, giving Nine Mile Metals greater financial flexibility while it advances exploration. This structure avoids interest obligations that could further pressure cash resources, although the company still depends on funding to sustain its programs.

VMS Exploration Focus

A focused VMS strategy gives the company a coherent exploration model across several base metals rather than an unspecified asset portfolio. Geological mapping, sampling, geophysics, and drilling can progressively test targets and potentially establish project value if mineralized zones prove economic.

Larger Equity And Asset Base

The materially higher reported equity and asset base provide a larger financial platform than in FY2025 for maintaining mineral interests and funding exploration activity. This supports continuity of the business, though the benefit depends on the company converting capital into stronger exploration results.

Bears Say

No Operating Revenue

Without operating revenue, Nine Mile Metals has no recurring cash inflow from products or services and remains dependent on external financing or potential asset transactions. This makes progress toward an economic discovery especially important because earnings cannot currently fund exploration or corporate costs.

Persistent Net Losses

Persistent losses, including a materially negative TTM result, show that the current exploration model is not self-funding. Continued losses can reduce equity over time and leave future performance dependent on successful exploration outcomes, disciplined spending, or additional capital rather than operating profitability.

Ongoing Cash Burn

Negative operating and free cash flow indicate that the company consumes cash to sustain operations and exploration rather than generating funds internally. This creates recurring financing needs and raises dilution or funding-pressure risk if capital markets become less supportive before projects demonstrate economic value.

Nine Mile Metals Ltd News

Nine Mile Reports High-Grade Polymetallic Zones at Wedge Mine

Nine Mile Metals Ltd ( ($TSE:NINE) ) has issued an update. Nine Mile Metals, a mineral exploration company focused on polymetallic volcanogenic massive sulphide deposits, reported assay results from drill

6d agoKQ9 VMSXF

Nine Mile Metals Hits High-Grade VMS and Expands Nine Mile Brook Claims

Nine Mile Metals Ltd ( ($TSE:NINE) ) has shared an announcement. Nine Mile Metals reported new assay results from drill hole WD-26-15 at the Wedge Mine, intersecting two high-grade VMS

3w agoKQ9 VMSXF

Nine Mile Metals Deploys Second Drill Rig to Advance Wedge VMS Exploration

Nine Mile Metals Ltd ( ($TSE:NINE) ) has shared an update. Nine Mile Metals has mobilized a second drill rig to the Tribag-West Wedge target area, about three kilometres northwest

1M agoKQ9 VMSXF

Nine Mile Metals Hits High-Grade VMS Zone at Wedge Mine

The latest announcement is out from Nine Mile Metals Ltd ( ($TSE:NINE) ). Nine Mile Metals reported strong assay results from drill hole WD-26-14 at the Wedge Mine, intersecting 5.09%

1M agoKQ9 VMSXF

Nine Mile Metals Intersects Two High-Grade VMS Zones at Wedge Project

Nine Mile Metals Ltd ( ($TSE:NINE) ) just unveiled an update. Nine Mile Metals reported certified assay results from drill hole WD-26-11 at its Wedge Mine project in New Brunswick,

1M agoKQ9 VMSXF

Nine Mile Metals Hits High-Grade VMS Zones at Wedge Mine Drill Hole WD-26-07

Nine Mile Metals Ltd ( ($TSE:NINE) ) has provided an announcement. Nine Mile Metals reported new assay results from drill hole WD-26-07 at its Wedge Mine project in New Brunswick’s

2M agoKQ9 VMSXF

Nine Mile Metals Hits High-Grade Polymetallic VMS Lens at Wedge Mine

An update from Nine Mile Metals Ltd ( ($TSE:NINE) ) is now available. Nine Mile Metals reported certified assay results from drill hole WD-26-09 at the Wedge Mine in New

3M agoKQ9 VMSXF

Nine Mile Metals Plans $1 Million Private Placement to Fund Critical Minerals Exploration

The latest update is out from Nine Mile Metals Ltd ( ($TSE:NINE) ). Nine Mile Metals Ltd. has launched a non-brokered private placement of up to $1,000,020, offering 7,143,000 flow-through

6M agoKQ9 VMSXF

Nine Mile Metals Reports High-Grade Copper-Equivalent Intercepts at Wedge Mine

An announcement from Nine Mile Metals Ltd ( ($TSE:NINE) ) is now available. Nine Mile Metals reported certified assay results from drill hole WD-25-2B at its Wedge Mine project in

7M agoKQ9 VMSXF

Nine Mile Metals Reports High-Grade Polymetallic Assays from Wedge Mine Drill Hole

Nine Mile Metals Ltd ( ($TSE:NINE) ) just unveiled an update. Nine Mile Metals has reported certified assay results from drill hole WD-25-01 at its Wedge Mine in the Bathurst

8M agoKQ9 VMSXF

NINE FAQ

What was Nine Mile Metals Ltd’s price range in the past 12 months?

Nine Mile Metals Ltd lowest stock price was C$0.03 and its highest was C$0.28 in the past 12 months.

What is Nine Mile Metals Ltd’s market cap?

Nine Mile Metals Ltd’s market cap is C$20.47M.

When is Nine Mile Metals Ltd’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Nine Mile Metals Ltd’s earnings last quarter?

Nine Mile Metals Ltd released its earnings results on Sep 01, 2026. The company reported -C$0.008 earnings per share for the quarter.

Is Nine Mile Metals Ltd overvalued?

According to Wall Street analysts Nine Mile Metals Ltd’s price is currently Undervalued.

Does Nine Mile Metals Ltd pay dividends?

Nine Mile Metals Ltd does not currently pay dividends.

What is Nine Mile Metals Ltd’s EPS estimate?

Nine Mile Metals Ltd’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Nine Mile Metals Ltd have?

Nine Mile Metals Ltd has 194,956,270 shares outstanding.

What happened to Nine Mile Metals Ltd’s price movement after its last earnings report?

Nine Mile Metals Ltd reported an EPS of -C$0.008 in its last earnings report. Following the earnings report the stock price went down -5%.

Which hedge fund is a major shareholder of Nine Mile Metals Ltd?

Currently, no hedge funds are holding shares in TSE:NINE

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description