Nine Mile Metals Ltd (TSE:NINE)
:NINE
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NINE Stock Chart & Stats
C$0.17
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.17
C$0.00(0.00%)
Day’s Range― - ―
52-Week Range<C$0.01 - C$0.28
Previous CloseN/A
Volume65.60K
Average Volume (3M)713.49K
Market Cap
C$12.98M
Enterprise ValueC$1.71M
Total Cash (Recent Filing)C$4.63M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta3.46
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding185,363,270
10 Day Avg. Volume546,188
30 Day Avg. Volume713,493
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.22
Price to Sales (P/S)0.00
P/FCF Ratio-1.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.32Price Target Upside88.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageLow financial leverage provides durable flexibility for a pre-revenue explorer. Minimal debt reduces refinancing and interest obligations during multi-year discovery cycles, preserving optionality to fund drilling or wait for favorable markets without acute solvency pressure.
Improving Cash BurnA meaningful reduction in operating outflows and narrower net losses shows management has reduced recurring spend. Sustained lower burn extends runway between financings, lowering dilution risk and enabling steadier project advancement over the next several months if the trend continues.
Specialized Critical-minerals FocusConcentrating on VMS-style base and critical minerals aligns with structural demand for electrification and industrial metals. This technical specialization enhances the company’s prospectivity and partner appeal, increasing durable optionality to sell or JV assets after exploration success.
Bears Say
No RevenueOperating without any revenue means the company is fully dependent on capital markets to fund exploration and overhead. Without cash-generating assets, the firm faces sustained funding risk and uncertainty in achieving a self-sustaining business model absent a discovery or transaction.
Consistent Negative Cash FlowPersistent negative operating and free cash flow forces repeated external financing to continue exploration. Even with improved burn, recurring outflows create structural dilution risk and constrain long-term planning, a fundamental challenge until a revenue or monetizable asset emerges.
Very Limited Operating ScaleA single-employee headcount indicates low internal capacity to advance multiple projects, increasing dependence on contractors and partners. This thin operating model raises execution risk, slows development pace and limits the company’s ability to capture full value from discoveries.
Nine Mile Metals Ltd News
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$0.01 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$12.98M.
When is Nine Mile Metals Ltd’s upcoming earnings report date?
Nine Mile Metals Ltd’s upcoming earnings report date is Aug 31, 2026 which is in 75 days.
How were Nine Mile Metals Ltd’s earnings last quarter?
Nine Mile Metals Ltd released its earnings results on May 28, 2026. The company reported -C$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.003.
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 185,363,270 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$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
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
Nine Mile Metals Ltd
Nine Mile Metals Ltd. primarily focuses on the procurement, development, and geological assessment of mineral properties. Its portfolio includes interests in the Black Point Property, situated in Eureka County, Nevada. Additionally, the company possesses stakes in the Nine Mile Brook and Canoe Landing Lake West mining initiatives, both located in New Brunswick, Canada. The entity, originally incorporated in 2018, was known as Stevens Gold Nevada Inc. until it formally adopted the name Nine Mile Metals Ltd. in January 2022. Its corporate offices are based in Vancouver, Canada.
NINE Stock 12 Month Forecast
Average Price Target
C$0.32
▲(88.24% Upside)
Technical Analysis
Options Prices
Currently, No data available
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