NXM
Click for more information
2.17% 4.5¢ nexus minerals limited

325m shares on issue $17.225m market cap at 5.3 cents$4.87m cash...

  1. insidemoney
    3,612 Posts.
    lightbulb Created with Sketch. 91
    clock Created with Sketch.
    27/06/23
    16:24
    Post #: 68495633
    325m shares on issue $17.225m market cap at 5.3 cents

    $4.87m cash as at 31 May 2023

    EV $12.355m

    175k = $70.60 per ounce - seems somewhat high given the average Ev/resource oz AU for advanced explorers and developers is around $30.

    This suggests to me that nxm is still overvalued.
    NXM Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

RDN Preliminary interpretation of Andover South reveals key NE-trending corridor hosting lithium mineralization
right-arrow Created with Sketch.
NEWS High-grade manganese found at the W2 prospect in Wandanya
right-arrow Created with Sketch.
EBR FDA commences substantive review of EBR’s PMA application
right-arrow Created with Sketch.
NEWS New insights revealed: high-grade lode gold/copper deposit model for El Dovio Project reinterpreted—see the potential
right-arrow Created with Sketch.
NEWS Discover how gas production wells are progressing with successful drilling and promising early gas flows
right-arrow Created with Sketch.
NEWS Major acquisition of high-grade antimony deposit, find out who's securing global assets
right-arrow Created with Sketch.
watchlist Created with Sketch. Add NXM (ASX) to my watchlist
(20min delay)
Last
4.5¢ 		Change
-0.001(2.17%) 		Mkt cap ! $22.37M
Open High Low Value Volume
4.5¢ 4.5¢ 4.5¢ $907 20.15K

Buyers (Bids)

No. Vol. Price($)
1 11623 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 316226 1
View Market Depth
Last trade - 13.27pm 30/09/2024 (20 minute delay) ?
NXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.