NXM
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4.17% 5.0¢ nexus minerals limited

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

  1. insidemoney
    3,612 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
5.0¢ 		Change
0.002(4.17%) 		Mkt cap ! $18.67M
Open High Low Value Volume
5.1¢ 5.1¢ 5.0¢ $5.05K 100K

Buyers (Bids)

No. Vol. Price($)
1 150000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 50000 1
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Last trade - 14.51pm 21/08/2024 (20 minute delay) ?
NXM (ASX) Chart
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