company background image
NXM

Nexus MineralsASX:NXM Stock Report

Market Cap

AU$109.8m

7D

-5.3%

1Y

206.9%

Updated

21 Oct, 2021

Data

Company Financials
NXM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NXM Overview

Nexus Minerals Limited engages in the exploration of mineral properties in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Nexus Minerals
Historical stock prices
Current Share PriceAU$0.45
52 Week HighAU$0.065
52 Week LowAU$0.49
Beta0.035
1 Month Change43.55%
3 Month Change373.40%
1 Year Change206.90%
3 Year Change641.67%
5 Year Change217.86%
Change since IPO58.93%

Recent News & Updates

Shareholder Returns

NXMAU Metals and MiningAU Market
7D-5.3%-0.3%0.7%
1Y206.9%12.5%21.4%

Return vs Industry: NXM exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: NXM exceeded the Australian Market which returned 21.1% over the past year.

Price Volatility

Is NXM's price volatile compared to industry and market?
NXM volatility
NXM Beta0.035
Industry Beta0.97
Market Beta1

Stable Share Price: NXM is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 28% a week.

Volatility Over Time: NXM's weekly volatility has increased from 18% to 28% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aAndy Tudorhttps://www.nexus-minerals.com

Nexus Minerals Limited engages in the exploration of mineral properties in Western Australia. The company holds interests in the Wallbrook, Pinnacles, and Mt Celia gold projects located to the north east of Kalgoorlie in the Eastern Goldfields. It also holds an option to purchase a 100% interest in the Bethanga porphyry copper gold project tenements covering and area of approximately 194 square kilometers located in northeast Victoria.

Nexus Minerals Fundamentals Summary

How do Nexus Minerals's earnings and revenue compare to its market cap?
NXM fundamental statistics
Market CapAU$109.76m
Earnings (TTM)-AU$2.17m
Revenue (TTM)AU$377.35k

292.8x

P/S Ratio

-50.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NXM income statement (TTM)
RevenueAU$377.35k
Cost of RevenueAU$0
Gross ProfitAU$377.35k
ExpensesAU$2.54m
Earnings-AU$2.17m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0088
Gross Margin100.00%
Net Profit Margin-574.37%
Debt/Equity Ratio0%

How did NXM perform over the long term?

See historical performance and comparison

Valuation

Is Nexus Minerals undervalued compared to its fair value and its price relative to the market?

11.33x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NXM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NXM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NXM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: NXM is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NXM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NXM is overvalued based on its PB Ratio (11.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Nexus Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

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 Nexus Minerals 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.


Past Performance

How has Nexus Minerals performed over the past 5 years?

2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NXM is currently unprofitable.

Growing Profit Margin: NXM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NXM is unprofitable, but has reduced losses over the past 5 years at a rate of 2.7% per year.

Accelerating Growth: Unable to compare NXM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NXM 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: NXM has a negative Return on Equity (-22.36%), as it is currently unprofitable.


Financial Health

How is Nexus Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: NXM's short term assets (A$9.2M) exceed its short term liabilities (A$232.0K).

Long Term Liabilities: NXM's short term assets (A$9.2M) exceed its long term liabilities (A$99.1K).


Debt to Equity History and Analysis

Debt Level: NXM is debt free.

Reducing Debt: NXM has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.


Balance Sheet


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: NXM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NXM has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 14.8% each year.


Dividend

What is Nexus Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NXM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NXM'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 NXM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NXM'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 NXM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.6yrs

Average board tenure


CEO

Andy Tudor

7.25yrs

Tenure

AU$315,414

Compensation

Mr. Andrew Jonathon Tudor, also known as Andy, BAppSc (Geology) MAusIMM MAIG, is an Independent Non-Executive Director at OzAurum Resources Limited since August 5, 2020. He has been Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Andy's total compensation ($USD236.21K) is about average for companies of similar size in the Australian market ($USD303.55K).

Compensation vs Earnings: Andy's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: NXM's board of directors are seasoned and experienced ( 10.6 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.6%.


Top Shareholders

Company Information

Nexus Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Nexus Minerals Limited
  • Ticker: NXM
  • Exchange: ASX
  • Founded: 2006
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$109.760m
  • Shares outstanding: 246.65m
  • Website: https://www.nexus-minerals.com

Number of Employees


Location

  • Nexus Minerals Limited
  • 41-47 Colin Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:14
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.