Critical Survey: NexMetals Mining (NEXM) versus Its Peers

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

Valuation & Earnings

This table compares NexMetals Mining and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NexMetals Mining	N/A	-$30.96 million	-7.92
NexMetals Mining Competitors	$4.22 billion	$336.98 million	-22.76

NexMetals Mining’s peers have higher revenue and earnings than NexMetals Mining. NexMetals Mining is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent ratings for NexMetals Mining and its peers, 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	831	1006	821	24	2.01

As a group, “Metal Mining” companies have a potential upside of 26.55%. Given NexMetals Mining’s peers stronger consensus rating and higher probable upside, analysts clearly believe NexMetals Mining has less favorable growth aspects than its peers.

Insider & Institutional 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 peers’ 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 peers beat NexMetals Mining on 10 of the 12 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.