NXM nexus minerals limited
Add to My Watchlist 0.00% ! 7.1¢

Indeed Makes you laugh when you see dog gold juniors with no...

  1. vontrader
    23,919 Posts.
    lightbulb Created with Sketch. 752
    clock Created with Sketch.
    09/04/15
    10:50
    Post #: 15056030
    Indeed

    Makes you laugh when you see dog gold juniors with no cash trading on EV's of $5-10M

    NXM has $7M in bank, has encountered high grade surface strikes on first drilling and has a 2nd asset on the way, yet it trades at a -$3M EV

    Doesn't make sense

    Even if you want to be conservative and allow money for drilling and overheads, 8c would still allow for more drilling and a quarter or 2 of overheads and still be cash backed !

    One of the most undervalued gold juniors about - hopefully not for long with 2nd asset on the way
    NXM Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Equity Metals reports that drilling is underway on the Silver Queen Ag-Au property
right-arrow Created with Sketch.
NUZ Liquid Formulation of NUZ-001 Developed to Improve Patient Access and Experience
right-arrow Created with Sketch.
NEWS Orthocell Announces First US Surgical Use of Remplir Following FDA Clearance
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back
right-arrow Created with Sketch.
NEWS 30,000m Diamond Drilling Commences at Napie Gold Project
right-arrow Created with Sketch.
NEWS High-Grade Scandium Assays Returned at Syerston from Drilling Campaign
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
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¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 109633 1
View Market Depth
Last trade - 15.55pm 27/06/2025 (20 minute delay) ?
NXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.