NexMetals Mining’s (NEXM) “Sell (E+)” Rating Reiterated at Weiss Ratings

NexMetals Mining (NASDAQ:NEXM)‘s stock had its “sell (e+)” rating reaffirmed by analysts at Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

Several other equities research analysts have also recently weighed in on the company. Wall Street Zen raised NexMetals Mining to a “sell” rating in a research note on Saturday, August 16th. Zacks Research raised NexMetals Mining to a “strong sell” rating in a research note on Tuesday, September 23rd. Two analysts have rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

NexMetals Mining Stock Down 3.4%

Shares of NEXM stock opened at $4.88 on Friday. NexMetals Mining has a fifty-two week low of $3.88 and a fifty-two week high of $10.35. The company has a 50 day moving average of $5.62. The company has a market capitalization of $104.72 million and a P/E ratio of -9.57.

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.