NXM nexus minerals limited
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Ann: Corporate Presentation, page-21

  1. RoyE
    2,008 Posts.
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    14/03/24
    15:41
    Post #: 72887989
    This one seems a bit cheap to me when you consider that their market cap is only around $17 mill, they have $6 mill in cash (EV approx. $11 mill) and they have a published resource of 175k oz at 4 grams/tonne with an exploration target of 700k ozs. Even if we value the existing resource at $75 per oz (IMO very low considering the quality, location and growth potential of the resource), we come up with a valuation of $13 mill.

    GLTA & DYOR
    NXM Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
7.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $42.86M
Open High Low Value Volume
7.0¢ 7.5¢ 7.0¢ $23.85K 328.0K

Buyers (Bids)

No. Vol. Price($)
3 29931 7.0¢
 

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Price($) Vol. No.
7.1¢ 109633 1
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Last trade - 15.55pm 27/06/2025 (20 minute delay) ?
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