Nine Mile Metals Ltd (VMSXF)
OTHER OTC:VMSXF
VMSXF Stock Chart & Stats
$0.12
>-$0.01(-2.33%)
At close: 4:00 PM EST
$0.12
>-$0.01(-2.33%)
Day’s Range― - ―
52-Week Range<$0.01 - $0.21
Previous CloseN/A
Volume22.10K
Average Volume (3M)42.66K
Market Cap
$9.31M
Enterprise Value$5.80M
Total Cash (Recent Filing)$4.63M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta0.99
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. Volume66,050
30 Day Avg. Volume42,660
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 Cap0.62
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.44K
Enterprise Value/Ebitda-6.00
Forecast
1Y Price Target
$0.23Price Target Upside91.15% 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 Leverage / Solid Balance SheetVery low debt and a multi‑million equity base give the company financial flexibility to fund exploration via equity or earn-ins without high interest burdens. This reduces near‑term solvency risk and makes JV or farm‑out partnerships easier to structure over the next several months.
Improving Losses And Cash BurnYear‑over‑year narrowing of losses and a materially smaller operating cash outflow indicate management has slowed burn and improved operational efficiency. That trend extends runway, lowers immediate financing needs, and improves the odds of completing near‑term exploration programs without urgent capital raises.
Focused Critical‑minerals VMS Exploration StrategyA clear focus on volcanogenic massive sulphide (VMS) base and critical minerals aligns with structural demand for critical minerals in electrification and clean tech. Specialization can attract partner funding, technical JV interest, and higher value transactions if drilling defines resources.
Bears Say
Pre‑revenue ModelWith no operating revenue, the business lacks an internal cash generation engine and is fully dependent on financing or third‑party transactions. That means ongoing dilution or funding risk until a sale, JV, or monetizable resource is established, prolonging reliance on capital markets.
Persistent Negative Operating & Free Cash FlowConsistent negative operating and free cash flow creates a structural funding requirement. Even with improved burn, the company must secure financing to sustain exploration, increasing dilution risk and constraining the pace of project advancement if capital markets tighten.
Eroding Equity And Negative ReturnsDeclining equity coupled with negative ROE reflects cumulative losses that erode the balance sheet buffer. This weakens creditworthiness and bargaining power with partners or lenders, raising the cost of future capital and the risk that continued burn materially reduces optionality.
Nine Mile Metals Ltd News
VMSXF FAQ
What was Nine Mile Metals Ltd’s price range in the past 12 months?
Nine Mile Metals Ltd lowest stock price was <$0.01 and its highest was $0.20 in the past 12 months.
What is Nine Mile Metals Ltd’s market cap?
Nine Mile Metals Ltd’s market cap is $9.31M.
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 81 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 -$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.002.
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 -$0.002 in its last earnings report, missing expectations of N/A. 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 VMSXF
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.
VMSXF Stock 12 Month Forecast
Average Price Target
$0.23
▲(91.15% Upside)
Technical Analysis
Ownership Overview
Options Prices
Currently, No data available
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