Corporate News – Nexmetals Mining (NEXM.V)
Trading Performance
- On Thursday 22 March 2026, the share price closed 3.85 % higher, trading at CAD 2.16.
- The current supply of shares is 35.6 million.
- Market capitalization stands at CAD 76.3 million.
- Trading volume in the last 24 hours was approximately CAD 90.4 k.
- Since the end of the previous month the stock has fallen 28.71 %.
- The simple moving average over the last 200 days is CAD 3.72.
- The 52‑week high was CAD 7.05 on 24 October 2025; the 52‑week low was CAD 1.94 on 16 October 2026.
Latest Corporate Announcement Nexmetals Mining Corp. released a revised mineral resource estimate for its Selebi North deposit in Botswana. Key points include:
- Resource Update – Indicated resources increased to almost 9 million tonnes; inferred resources rose to about 42 million tonnes.
- Higher Grades – Updated drilling and metallurgical data show higher copper and nickel grades compared with the prior estimate.
- Geological Interpretation – New data suggest a potential connection between Selebi North and Selebi Main via a deeper south limb, which could expand future exploration targets.
- Strategic Review – The company is reviewing funding options and conducting a preliminary economic assessment of its Selkirk project.
- Reserve Status – The figures are non‑reserve estimates; they are subject to regulatory and economic uncertainty and require further study before conversion to reserves.
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|---|---|---|---|---|---|
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Company Background Premium Nickel Resources Ltd., operating under North American Nickel Inc., focuses on the exploration and development of nickel properties in Greenland, Canada, and the United States. The company is listed on the TSX Venture Exchange.
