NexMetals Mining (NASDAQ:NEXM – Get Free Report) is one of 44 public companies in the “Metal Mining” industry, but how does it contrast to its competitors? We will compare NexMetals Mining to similar companies based on the strength of its profitability, risk, earnings, dividends, analyst recommendations, valuation and institutional ownership.
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for NexMetals Mining and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NexMetals Mining | 2 | 0 | 0 | 0 | 1.00 |
| NexMetals Mining Competitors | 832 | 1007 | 823 | 24 | 2.01 |
As a group, “Metal Mining” companies have a potential upside of 30.66%. Given NexMetals Mining’s competitors stronger consensus rating and higher probable upside, analysts clearly believe NexMetals Mining has less favorable growth aspects than its competitors.
Earnings & Valuation
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| NexMetals Mining | N/A | -$30.96 million | -7.82 |
| NexMetals Mining Competitors | $4.23 billion | $336.98 million | -22.44 |
NexMetals Mining’s competitors have higher revenue and earnings than NexMetals Mining. NexMetals Mining is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Institutional and Insider Ownership
19.9% of shares of all “Metal Mining” companies are owned by institutional investors. 12.7% of shares of all “Metal Mining” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares NexMetals Mining and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NexMetals Mining | N/A | -261.73% | -138.07% |
| NexMetals Mining Competitors | -81.04% | -3.18% | -5.80% |
Summary
NexMetals Mining competitors beat NexMetals Mining on 10 of the 12 factors compared.
About NexMetals Mining
North American Nickel Inc. operates as a mineral exploration and resource development company. The company engages in the exploration and development of mineral properties in Morocco and Canada, as well as in Botswana. Its principal asset is the Maniitsoq nickel-copper-cobalt-precious metal sulphide project covering an area of 3,048 square kilometers located in southwest Greenland. The company was formerly known as Widescope Resources Inc. and changed its name to North American Nickel Inc. in April 2010. North American Nickel Inc. was incorporated in 1983 and is headquartered in Vancouver, Canada.
Receive News & Ratings for NexMetals Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexMetals Mining and related companies with MarketBeat.com's FREE daily email newsletter.
