Nine Mile Metals Ltd (VMSXF) Stock Price & Analysis

VMSXF Stock Chart & Stats

$0.08-$0.00(-0.31%)

At close: Nov 02 11:14 AM EST

Day’s Range: $0.08 - $0.08
52-Week Range: $0.02 - $0.21
Previous Close: $0.08
Volume: N/A
Average Volume (3M): 169.29K
Market Cap: $14.63M
Enterprise Value: $12.39M
Total Cash (Recent Filing): $4.92M
Total Debt (Recent Filing): $0
Price to Earnings (P/E): ―
Beta: 1.34
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 keeps financial leverage low and reduces refinancing pressure while the company advances exploration. This gives management greater flexibility to allocate available funds toward property work and limits fixed financial obligations during the pre-revenue stage.

Growing Equity And Assets

The material increase in reported equity and assets strengthens the company’s current financial base and provides more resources to support exploration activities. Although operating losses remain, this balance-sheet expansion improves near-term capacity to maintain and advance mineral properties.

Focused VMS Exploration Strategy

A defined focus on volcanogenic massive sulfide targets gives Nine Mile Metals a consistent exploration strategy across several base metals. Concentrating geological, geochemical, geophysical, and drilling work on this target type can support disciplined property advancement.

Bears Say

No Operating Revenue

The absence of operating revenue confirms that Nine Mile Metals remains dependent on exploration success rather than an established commercial business. Without a recurring top-line base, funding for future programs must come from external sources or potential asset transactions.

Persistent Net Losses

Persistent losses, including a larger TTM loss than in FY2025, show that current activities are not yet generating economic returns. Continued losses can erode equity over time and leave future financial performance dependent on discovering and advancing a viable deposit.

Ongoing Cash Burn

Negative operating and free cash flow indicate that the company consumes cash to sustain its exploration platform rather than funding activities internally. This creates recurring financing needs and raises dilution risk if new equity or other capital is required to continue programs.

Nine Mile Metals Ltd News

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

2w 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

2M 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

7M agoKQ9 VMSXF

Nine Mile Metals Advances Wedge Project Option and Ramps Up Exploration Plans

An announcement from Nine Mile Metals Ltd ( ($TSE:NINE) ) is now available. Nine Mile Metals has maintained its option to acquire 100% of the Wedge Project by making its

7M agoKQ9 VMSXF

VMSXF FAQ

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

Nine Mile Metals Ltd lowest stock price was $0.02 and its highest was $0.21 in the past 12 months.

What is Nine Mile Metals Ltd’s market cap?

Nine Mile Metals Ltd’s market cap is $14.63M.

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 -$0.006 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 -$0.006 in its last earnings report. Following the earnings report the stock price went down -1.408%.

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

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