NXM nexus minerals limited
Add to My Watchlist 6.10% ! 7.7¢

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

  1. insidemoney
    3,684 Posts.
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    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
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Last
7.7¢ 		Change
-0.005(6.10%) 		Mkt cap ! $46.48M
Open High Low Value Volume
8.0¢ 8.0¢ 7.3¢ $46.26K 594.7K

Buyers (Bids)

No. Vol. Price($)
1 864 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.2¢ 100000 1
View Market Depth
Last trade - 15.52pm 18/06/2025 (20 minute delay) ?
NXM (ASX) Chart
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