NexMetals Mining Corp. Common Shares

NASDAQ:NEXM USA Other Industrial Metals & Mining
Market Cap
$59.00 Million
Market Cap Rank
#22213 Global
#7878 in USA
Share Price
$2.75
Change (1 day)
-4.18%
52-Week Range
$2.75 - $6.54
All Time High
$6.54
About

NexMetals Mining Corp., through its subsidiaries, engages in the acquisition, exploration, and evaluation of mineral properties in Canada, Barbados, and Botswana. The company's flagship project is the Selebi nickel-copper-cobalt sulphide mine located in Botswana. It also explores for platinum deposits. The company was formerly known as Premium Resources Ltd. and changed its name to NexMetals Mini… Read more

NexMetals Mining Corp. Common Shares (NEXM) - Total Assets

Latest total assets as of September 2025: $24.44 Million USD

Based on the latest financial reports, NexMetals Mining Corp. Common Shares (NEXM) holds total assets worth $24.44 Million USD as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

NexMetals Mining Corp. Common Shares - Total Assets Trend (2021–2024)

This chart illustrates how NexMetals Mining Corp. Common Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

NexMetals Mining Corp. Common Shares - Asset Composition Analysis

Current Asset Composition (December 2024)

NexMetals Mining Corp. Common Shares's total assets of $24.44 Million consist of 30.5% current assets and 69.5% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 24.5%
Accounts Receivable $972.02K 3.9%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2021–2024)

This chart illustrates how NexMetals Mining Corp. Common Shares's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: NexMetals Mining Corp. Common Shares's current assets represent 30.5% of total assets in 2024, a decrease from 40.8% in 2021.
  • Cash Position: Cash and equivalents constituted 24.5% of total assets in 2024, down from 38.0% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
  • Asset Diversification: The largest asset category is accounts receivable at 3.9% of total assets.

NexMetals Mining Corp. Common Shares Competitors by Total Assets

Key competitors of NexMetals Mining Corp. Common Shares based on total assets are shown below.

NexMetals Mining Corp. Common Shares - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.00 - 0.00

Lower asset utilization - NexMetals Mining Corp. Common Shares generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -170.00% - -87.41%

Negative ROA - NexMetals Mining Corp. Common Shares is currently not profitable relative to its asset base.

NexMetals Mining Corp. Common Shares - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 2.53 3.70 1.95
Quick Ratio 2.53 3.49 1.95
Cash Ratio 0.00 0.00 0.00
Working Capital $7.16 Million $ 15.09 Million $ 5.58 Million

NexMetals Mining Corp. Common Shares - Advanced Valuation Insights

This section examines the relationship between NexMetals Mining Corp. Common Shares's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 3.19
Latest Market Cap to Assets Ratio 1.63
Asset Growth Rate (YoY) -12.9%
Total Assets $24.95 Million
Market Capitalization $40.66 Million USD

Valuation Analysis

Above Book Valuation: The market values NexMetals Mining Corp. Common Shares's assets above their book value (1.63 x), reflecting positive investor sentiment about the company's future prospects.

Significant Asset Reduction: NexMetals Mining Corp. Common Shares's assets decreased by 12.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for NexMetals Mining Corp. Common Shares (2021–2024)

The table below shows the annual total assets of NexMetals Mining Corp. Common Shares from 2021 to 2024.

Year Total Assets Change
2024-12-31 $24.95 Million -12.91%
2023-12-31 $28.65 Million -31.22%
2022-12-31 $41.66 Million +695.22%
2021-12-31 $5.24 Million --