NXM nexus minerals limited

Gold play for February

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    70M shares on issue

    $7.1M+ cash in bank, no debt - cash backing of 10c+

    1st project is the Triumph gold deposit, with a 2nd acquisition said to be in their sights

    Expected to be drilled early February, so any sort of exploration success should hopefully see them trade at cash + some asset value given the rally in gold recently. Subscribing a target of 10c is not overly bullish IMO, i.e cash backing

    Historicals show grades up to 31g/t Au, so hopefully they encounter plenty of these in first drilling

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(20min delay)
Last
6.0¢
Change
-0.004(6.25%)
Mkt cap ! $36.22M
Open High Low Value Volume
6.4¢ 6.5¢ 6.0¢ $129.6K 2.083M

Buyers (Bids)

No. Vol. Price($)
1 27166 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 46408 1
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Last trade - 15.47pm 23/07/2025 (20 minute delay) ?
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