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NEXMETALS MINING CORP. Stock Price, News & Analysis

PRMLD Nasdaq

Welcome to our dedicated page for NEXMETALS MINING news (Ticker: PRMLD), a resource for investors and traders seeking the latest updates and insights on NEXMETALS MINING stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NEXMETALS MINING's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NEXMETALS MINING's position in the market.

Rhea-AI Summary

NexMetals Mining Corp. (NASDAQ: NEXM) has announced its uplisting to the Nasdaq Stock Market, with trading commencing on July 16, 2025 under the symbol "NEXM". The company will maintain its listing on the TSX Venture Exchange under the same symbol, while discontinuing its quotation on the OTC Pink Markets.

CEO Morgan Lekstrom highlighted this uplisting as a transformative milestone in the company's growth strategy, emphasizing its potential to enhance long-term shareholder value and strengthen global presence for future strategic partnerships.

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NexMetals Mining Corp. (OTC Pink: PRMLD) has announced significant progress in its drilling program at the Selkirk Mine in Botswana, a past-producing copper-nickel-cobalt-platinum group elements project. The company has completed 2,819 metres of metallurgical drilling across 10 holes and is now expanding exploration efforts.

Historical core re-assay results revealed impressive high-grade mineralization, including 5.59% CuEq over 3.95 metres, with a notable intersection showing 8.69% CuEq over 0.52 metres. The company is implementing borehole electromagnetics (BHEM) surveys and plans to test untested Versatile Time-Domain Electromagnetic (VTEM) anomalies located south of the Selkirk resource.

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NexMetals Mining Corp. (TSXV: NEXM) (OTC: PRMLD) has reported significant drilling results from its Selebi North Underground (SNUG) resource expansion program. The company announced two key drill holes that extended mineralization beyond the 2024 Mineral Resource Estimate (MRE):

The first hole, SNUG-25-184, intercepted:

  • 13.50 metres of 3.68% CuEq (1.13% Cu, 1.24% Ni, 0.06% Co) in the South Limb, 183 metres down plunge of 2024 MRE
  • 6.25 meters of 2.16% CuEq (0.62% Cu, 0.75% Ni, 0.04% Co) in the N2 Limb, 300 metres down plunge

The second hole, SNUG-25-185, yielded 5.95 metres of 4.14% CuEq (2.87% Cu, 0.62% Ni, 0.03% Co) in the N2 Limb. Borehole Electromagnetic (BHEM) surveys confirmed the zones remain open down-plunge, with South Limb mineralization extended 315 metres beyond the 2024 resource model. The company has completed additional holes with pending assays, including SNUG-25-189 which discovered new mineralization of 5.20 metres at South Limb and 15.50 metres at N2 Limb.

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FAQ

What is the current stock price of NEXMETALS MINING (PRMLD)?

The current stock price of NEXMETALS MINING (PRMLD) is $7.6945 as of July 15, 2025.

What is the market cap of NEXMETALS MINING (PRMLD)?

The market cap of NEXMETALS MINING (PRMLD) is approximately 123.9M.
NEXMETALS MINING CORP.

Nasdaq:PRMLD

PRMLD Rankings

PRMLD Stock Data

123.88M
20.79M
3.07%
29.33%
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