NEXM Research | Milton Maxwell

NEXM

NexMetals Mining Corp.

3.5900

+0.1200+3.46%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

127.41M

P/E (TTM)

Basic EPS (TTM)

-2.72

Dividend Yield

Recent Filings

8-K

3/19/26Mar 19, 2026

10-K

FY2025 results

3/13/26Mar 13, 2026

NexMetals Mining advanced exploration at its Botswana assets through FY2025 ended December 31, 2025, spending $36.1M on drilling and studies while reporting a $59.1M net loss. Q4 saw $9.0M in general exploration expenses, up 16% y/y, driven by aggressive resource expansion at Selebi Mines where hinge drilling extended mineralization 685m beyond existing resources and confirmed a 'Super Conductor' anomaly. Metallurgical tests validated separate saleable Cu and Ni-Co concentrates, derisking capex needs and launching a PEA. Cash swelled to $39.8M post-$126M financings, funding runway to Q4 2026. Botswana political risks loom large.

8-K

High-grade Flexure Zone hits

2/26/26Feb 26, 2026

NexMetals Mining reported stellar drill results from its Selebi Main Flexure Zone on February 26, 2026. Hole SMD-25-205 hit 11.05m of 7.31% CuEq (3.00% Cu, 2.09% Ni), 130m down-dip from the resource; SMD-25-204 nabbed 0.85m of 6.24% CuEq 1,000m beyond Selebi North. Flexure Zone stays wide open. Intercepts scream resource upside.

8-K

Board shakeup, CEO returns

2/13/26Feb 13, 2026

NexMetals Mining Corp. accepted Morgan Lekstrom's immediate board resignation on February 9, 2026, without disagreements, and reappointed CEO Sean Whiteford to fill the seat. Lekstrom shifted to a consulting role at CA$500 hourly through November 18, 2026. Earlier, David Eichenberg joined as VP Geology. Leadership stabilizes amid transition.

8-K

High-grade drill results

1/27/26Jan 27, 2026

NexMetals Mining Corp. disclosed high-grade assay results from three additional drill holes at the Selebi North Underground deposit on January 27, 2026. Intersections confirm strong mineralization potential. Details in Exhibit 99.1. No updates promised.

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 Mining Corp. in June 2025. NexMetals Mining Corp. is headquartered in Toronto, Canada.

CEO

Mr. Sean Whiteford B.Sc.

IPO

9/28/2009

Website

https://nexmetalsmining.com

Sector

Basic Materials

Industry

Other Industrial Metals & Mining