Nex Metals Explorations Limited engages in the exploration and mining of mineral properties.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.035|
|52 Week High||AU$0.025|
|52 Week Low||AU$0.079|
|1 Month Change||-16.67%|
|3 Month Change||-20.46%|
|1 Year Change||-45.31%|
|3 Year Change||250.00%|
|5 Year Change||133.33%|
|Change since IPO||-85.42%|
Recent News & Updates
Does Nex Metals Explorations' (ASX:NME) CEO Salary Compare Well With The Performance Of The Company?
This article will reflect on the compensation paid to Ken Allen who has served as CEO of Nex Metals Explorations...
|NME||AU Metals and Mining||AU Market|
Return vs Industry: NME underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: NME underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: NME is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: NME's weekly volatility has decreased from 21% to 13% over the past year, but is still higher than 75% of Australian stocks.
About the Company
Nex Metals Explorations Limited engages in the exploration and mining of mineral properties. It explores for gold, nickel, and base metal ores. The company owns interests in the Yundamindera and the Kookynie gold projects located in the Eastern Goldfields, Western Australia.
Nex Metals Explorations Fundamentals Summary
|NME fundamental statistics|
Is NME overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NME income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0054|
|Net Profit Margin||0.00%|
How did NME perform over the long term?See historical performance and comparison
Is Nex Metals Explorations undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Nex Metals Explorations is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Nex Metals Explorations has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Nex Metals Explorations forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nex Metals Explorations has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Nex Metals Explorations performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NME is currently unprofitable.
Growing Profit Margin: NME is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NME is unprofitable, and losses have increased over the past 5 years at a rate of 39.6% per year.
Accelerating Growth: Unable to compare NME's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NME is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: NME's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Nex Metals Explorations's financial position?
Financial Position Analysis
Short Term Liabilities: NME has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NME has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NME is debt free.
Reducing Debt: NME's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NME has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NME has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.2% each year
What is Nex Metals Explorations's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NME's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NME's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NME's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ken Allen (59 yo)
Mr. Kenneth Malcolme Allen, also known as Ken, B.Bus. (Curtin), PNA, FNTAA, FTIA, FAICD, has been the Managing Director of Nex Metals Explorations Ltd since April 2, 2007 and serves as its Company Secretar...
CEO Compensation Analysis
Compensation vs Market: Ken's total compensation ($USD99.88K) is below average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
Experienced Board: NME's board of directors are seasoned and experienced ( 14.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.8%.
Nex Metals Explorations Limited's employee growth, exchange listings and data sources
- Name: Nex Metals Explorations Limited
- Ticker: NME
- Exchange: ASX
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$9.346m
- Shares outstanding: 267.01m
- Website: https://www.nexmetals.com
- Nex Metals Explorations Limited
- 45 Guthrie Street
- Osborne Park
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:04|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.