Nexus Minerals Limited engages in the exploration of mineral properties in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.45|
|52 Week High||AU$0.065|
|52 Week Low||AU$0.49|
|1 Month Change||43.55%|
|3 Month Change||373.40%|
|1 Year Change||206.90%|
|3 Year Change||641.67%|
|5 Year Change||217.86%|
|Change since IPO||58.93%|
Recent News & Updates
|NXM||AU Metals and Mining||AU Market|
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.
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
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
|NXM fundamental statistics|
Is NXM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NXM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0088|
|Net Profit Margin||-574.37%|
How did NXM perform over the long term?See historical performance and comparison
Is Nexus Minerals undervalued compared to its fair value and its price relative to the market?
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).
How is Nexus Minerals 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 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.
How has Nexus Minerals performed over the past 5 years?
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.
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$99.1K).
Debt to Equity History and Analysis
Debt Level: NXM is debt free.
Reducing Debt: NXM has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NXM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NXM has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 14.8% each year.
What is Nexus Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NXM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NXM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NXM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NXM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NXM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Andrew Jonathon Tudor, also known as Andy, BAppSc (Geology) MAusIMM MAIG, is an Independent Non-Executive Director at OzAurum Resources Limited since August 5, 2020. He has been Chief Executive Officer...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($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.
Experienced Board: NXM's board of directors are seasoned and experienced ( 10.6 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.6%.
Nexus Minerals Limited's employee growth, exchange listings and data sources
- 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
- Nexus Minerals Limited
- 41-47 Colin Street
- Ground Floor
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:14|
|End of Day Share Price||2021/10/21 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.