Analyzing NexMetals Mining (NEXM) and Its Competitors

NexMetals Mining (NASDAQ:NEXM) is one of 44 publicly-traded companies in the “Metal Mining” industry, but how does it contrast to its competitors? We will compare NexMetals Mining to similar businesses based on the strength of its valuation, dividends, profitability, risk, analyst recommendations, institutional ownership and earnings.

Institutional & Insider Ownership

19.9% of shares of all “Metal Mining” companies are held by institutional investors. 13.3% of shares of all “Metal Mining” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings for NexMetals Mining and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NexMetals Mining	1	1	0	0	1.50
NexMetals Mining Competitors	832	1008	823	24	2.01

As a group, “Metal Mining” companies have a potential upside of 36.43%. Given NexMetals Mining’s competitors stronger consensus rating and higher probable upside, analysts plainly believe NexMetals Mining has less favorable growth aspects than its competitors.

Valuation and Earnings

This table compares NexMetals Mining and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NexMetals Mining	N/A	-$30.96 million	-7.43
NexMetals Mining Competitors	$4.23 billion	$336.98 million	-21.79

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.

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 11 factors compared.

NexMetals Mining Company Profile

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.