Have a look at the "ASX junior gold miners" table and "EV/Resource (A$/oz.) - ASX Listed Developers" chart on page 6 of the attached research report;
http://www.coventryres.com/pdfs/AnalystReportCygnetCapital24Nov11.pdf
Nex Metals is the fifth cheapest junior gold miner on the table with a market cap of $12.3m.
Nex Metals is also the third cheapest on the "EV/Resource (A$/oz.) - ASX Listed Developers" chart. "Comparable Junior miners are currently trading at an average EV/Resource multiple of A$53per ounce of JORC compliant ounce of resource". Nex Metals is trading at a EV/Resource multiple of less than $20 !!
Nex Metals is a screaming buy imho. With the company producing gold soon should be in for a significant rerating. Please as always DYOR !!
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.387M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 85093 | 1 |
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| Last trade - 16.21pm 10/09/2025 (20 minute delay) ? |
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