Nine Mile Metals (OTCPK:VMSX.F) - Stock Price, News & Analysis

VMSX.F Stock Overview

Engages in the acquisition, development, and exploration of mineral properties. More details

VMSX.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Earnings have declined by 14.5% per year over past 5 years

Does not have a meaningful market cap ($3M)

Highly volatile share price over the past 3 months compared to the US market

+ 1 more risk

Nine Mile Metals Ltd. Competitors

Clifton Mining

OTCPK:CFTN

US$2.9m

Enertopia

OTCPK:ENRT

US$946.5k

Horizonte Minerals

OTCPK:HZMM.F

US$1.1m

Silver Bull Resources

OTCPK:SVBL

US$4.3m

Price History & Performance

Summary of all time highs, changes and price drops for Nine Mile Metals
Historical stock prices
Current Share Price	CA$0.026
52 Week High	CA$0.13
52 Week Low	CA$0.022
Beta	1.14
11 Month Change	-18.41%
3 Month Change	-18.41%
1 Year Change	-67.92%
33 Year Change	-85.72%
5 Year Change	n/a
Change since IPO	-94.74%

Recent updates

Shareholder Returns

	VMSX.F	US Metals and Mining	US Market
7D	-19.7%	4.0%	2.2%
1Y	-67.9%	22.9%	31.6%

Return vs Industry: VMSX.F underperformed the US Metals and Mining industry which returned 22.9% over the past year.

Return vs Market: VMSX.F underperformed the US Market which returned 31.7% over the past year.

Price Volatility

Is VMSX.F's price volatile compared to industry and market?
VMSX.F volatility
VMSX.F Average Weekly Movement	33.6%
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: VMSX.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: VMSX.F's weekly volatility has increased from 28% to 34% over the past year.

About the Company

Founded	Employees	CEO	Website
2018	n/a	Patrick Cruickshank	ninemilemetals.com

Nine Mile Metals Ltd. engages in the acquisition, development, and exploration of mineral properties. The company holds interests in Black Point Property located in Eureka County, Nevada. It also holds interest in the Nine Mile Brook and the Canoe Landing Lake West mining projects located in New Brunswick, Canada.

Nine Mile Metals Ltd. Fundamentals Summary

How do Nine Mile Metals's earnings and revenue compare to its market cap?
VMSX.F fundamental statistics
Market cap	US$1.98m
Earnings (TTM)	-US$1.65m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.2x

P/E Ratio

Is VMSX.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VMSX.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$2.30m
Earnings	-CA$2.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.029
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	3.6%

How did VMSX.F perform over the long term?

See historical performance and comparison

VMSX.F Stock Overview

Risk Analysis

Nine Mile Metals Ltd. Competitors

OTCPK:CFTN

US$2.9m

OTCPK:ENRT

US$946.5k

OTCPK:HZMM.F

US$1.1m

OTCPK:SVBL

US$4.3m

Price History & Performance

Recent News & Updates

Nine Mile Metals Ltd. Provides an Update on Its California Lake Advanced Geophysical Program

Nine Mile Metals Ltd. Announces Wedge BHEM Analysis and New Mineralized Target Zones

Nine Mile Metals Ltd. Announces Wedge BHEM Analysis and New Mineralized Target Zones

Nine Mile Metals Ltd. Engages EarthEx Geophysical Solutions Inc. to Conduct Two Borehole Electromagetnic Surveys at California Lake and Wedge Drill Holes

Nine Mile Metals Ltd. announced that it has received CAD 0.493875 million in funding

Nine Mile Metals Ltd. Receives Certified Assays for Drill Hole W-24-01 At the Wedge Mine Project

Recent updates

Nine Mile Metals Ltd. Provides an Update on Its California Lake Advanced Geophysical Program

Nine Mile Metals Ltd. Announces Wedge BHEM Analysis and New Mineralized Target Zones

Nine Mile Metals Ltd. Announces Wedge BHEM Analysis and New Mineralized Target Zones

Nine Mile Metals Ltd. Engages EarthEx Geophysical Solutions Inc. to Conduct Two Borehole Electromagetnic Surveys at California Lake and Wedge Drill Holes

Nine Mile Metals Ltd. announced that it has received CAD 0.493875 million in funding

Nine Mile Metals Ltd. Receives Certified Assays for Drill Hole W-24-01 At the Wedge Mine Project

Nine Mile Metals Drills Three Mineralized Zones, with Xrf Results Up to 4.41% Copper in Zone 1 and Submits 56 Meters of Samples for Certified Lab Assays in Debut Wedge Vms Drill Program

Nine Mile Metals Ltd. announced that it expects to receive CAD 0.5 million in funding

Nine Mile Metals Ltd. Announces the Activation of the Wedge Project Drill Program and Provides an Update on the California Lake Drill Target #10

Nine Mile Metals Ltd. Activates Wedge Project Drill Program and Provides California Lake Drill Target #10 Update

Nine Mile Metals Ltd. announced that it has received CAD 1.5 million in funding

Nine Mile Metals Receives Bulk Sample Project Permit Approval for Its High-Grade Lens Bulk Sample Project At Nine Mile Brook

Nine Mile Metals Ltd. Provides Drilling Update At California Lake Drill Hole

Nine Mile Metals Ltd. announced that it has received CAD 0.201 million in funding

Nine Mile Metals Ltd. announced that it expects to receive CAD 0.5 million in funding

Nine Mile Metals Provides Drilling Update At California Lake Drill Hole

Nine Mile Metals Ltd. Initiates Its California Lake VMS Drill Program

Nine Mile Metals Ltd. to Drill the Wedge Project, Bathurst Mining Camp, New Brunswick

Nine Mile Metals Ltd. Completes Nine Mile Brook Lens Bulk Sample Baseline Sampling

Nine Mile Metals Ltd. (CNSX:NINE) acquired additional 23 claim units adjacent to VMS Project from lorena hamilton for CAD 0.05 million.

Nine Mile Metals Ltd. (CNSX:NINE) entered into an agreement to acquire additional 23 claim units adjacent to VMS Project from lorena hamilton for CAD 0.05 million.

Nine Mile Metals Ltd. (CNSX:NINE) completed the acquisition of 49 Claim Units Adjacent to its California Lake and Nine Mile Brook VMS Project, in Bathurst Mining.

Nine Mile Metals Ltd. (CNSX:NINE) entered into an agreement 49 Claim Units Adjacent to its California Lake and Nine Mile Brook VMS Project, in Bathurst Mining for CAD 0.0255 million.

Nine Mile Metals Ltd. (CNSX:NINE) entered into an agreement to acquire Additional 49 claim units adjacent to its California Lake and Nine Mile Brook VMS Projects from Prospect Or Corp for CAD 0.03 million.

Nine Mile Metals Ltd. Appoints Kevin Hicks as Director

Nine Mile Metals Ltd. Announces XRF Results for VMS Mineralization Collected from Wedge Mine Site in Bathurst Mining Camp, Located in New Brunswick, Canada

Nine Mile Metals Ltd. Announces Certified Lab High-Grade Results Up to 19.0% Copper and 40.00% + (Lead-Zinc), 142 G/T Silver & 2.78 G/t Gold at Historic Wedge Mine, Bathurst, New Brunswick

Nine Mile Metals Ltd. Announces the Mobilization of Phase 2 Drill Program At Nine Mile Brook Vms Project

Nine Mile Metals Ltd. Announces the Mobilization of Phase 2 Drill Program At Nine Mile Brook Vms Project

Nine Mile Metals Announces XRF High-Grade Results Up to 24.81% Copper and 38.50% Combined Lead-Zinc from Historic Wedge Mine, Bathurst, New Brunswick

Nine Mile Metals Ltd. announced that it has received CAD 0.29868 million in funding

Nine Mile Metals Ltd. Announces XRF High-Grade Results Up to 9.8% Copper and 22.85% Combined Lead-Zinc from Historic Wedge Mine, Bathurst, New Brunswick

Nine Mile Metals Ltd. announced that it expects to receive CAD 0.25 million in funding

Nine Mile Metals Ltd. Completes First Half of the Nine Mile Brook Drill Program II Completing 14 Holes Representing 3,059 Meters

Nine Mile Metals Ltd. announced that it expects to receive CAD 1 million in funding

Nine Mile Announces Drilling Begins on Its Nine Mile Brook VMS Project

Nine Mile Metals Ltd. (CNSX:NINE) acquired West Nine Mile Brook Project from Windfall Geotek Inc. (TSXV:WIN) for CAD 0.06 million.

Nine Mile Metals Announces Mobilization of Deep Diamond Drill Rig for Phase 2 of Its Nine Mile Brook VMS Drill Program

Nine Mile Metals Announces Certified Drill Results on Holes CL22-12 & CL22-13 at the California Lake VMS Drill Program

Nine Mile Metals Ltd. Provides Drilling Program Update At Flagship Nine Mile Book VMS Project

Nine Mile Metals Ltd. Announces Certified Drill Results on Holes CL2208 & CL2211 on California Lake VMS Project

Nine Mile Metals Ltd. Announces the Certified Assay Results for Its VMS Target Holes CL2206 and CL2207 At Its Initial Phase 1 Drill Program on the California Lake VMS Project

Nine Mile Metals Ltd. announced that it has received CAD 1.271 million in funding

Nine Mile Metals Ltd. Announces XRF Results up to 25.27% Combined (Pb-Zn) on Holes CL22-12 & CL22-13 on Initial California Lake VMS Drill Program

Nine Mile Metals Ltd. announced that it expects to receive CAD 1.2 million in funding

Nine Mile Metals Receives Full Grant and Initiates Nine Mile Brook VMS Project Bulk Sample Analysis

Nine Mile Metals Announces Drilling to Start on Nine Mile Brook VMS Project

Nine Mile Metals Announces XRF Results of Holes CL22-06 & CL22-07 on Initial California Lake VMS Drill Program

Nine Mile Metals Completes Successful Phase 1 Drill Program at Its California Lake Project, (BMC) NB

Nine Mile Metals Ltd. Drills Additional VMS Mineralization At Its Inaugural California Lake VMS Project Drill Program

Nine Mile Metals Ltd. Drills VMS (Cu-Pb-Zn-Ag-Au) on Its California Lake Project, NB

Nine Mile Metals Ltd. Begins Drilling on Its California Lake VMS Project

Nine Mile Metals UAV Drone Survey Discovers (3) Massive VMS Source Targets and New Spruce Lake Formation Target Systems

Nine Mile Metals Ltd Announces Drill Program at its California Lake VMS Project

Nine Mile Metals Ltd. Files Drill Permits for Its 5,000M Stage 2 Drill Program and Completes 1,000M Line KMS UAV Magnetic Survey

Nine Mile Metals Ltd. announced that it has received $0.222127 million in funding

Nine Mile Metals Ltd. Provides an Exploration Update on its Nine Mile Brook VMS Project in the World Famous, Bathurst Mining Camp in New Brunswick

Charles Malette to Step Down from Role of Chief Executive Officer of Nine Mile Metals

Shareholder Returns

Price Volatility