Nine Mile Metals Ltd.

Nine Mile Metals Ltd.

VMSXF
Nine Mile Metals Ltd.US flagOther OTC
0.06
USD
+0.00
- -
5.12MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.07
-0.09
-0.31
-0.04
-0.05
-0.03
-0.01
-0.01
Free Cash Flow per Basic Share
-0.07
-0.06
-0.05
-0.04
-0.04
-0.03
-0.01
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.05
0.01
0.03
0.11
0.06
0.04
0.02
0.05
Tangible Book Value per Share
0.09
0.03
0.05
0.14
0.08
0.06
0.04
0.07
Basic Weighted Avg Shares
9
8
20
39
58
73
96
140
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-1
-6
-2
-3
-2
-1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
1
- -
1
1
- -
- -
- -
5
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
1
- -
1
5
5
4
4
10
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-297.43
-1,748.09
-68.49
-67.85
-69.79
-36.29
-26.05

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
110
156
187
Market Capitalization
1
26
8

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
- -
1
5
Cash, Cash Equivalents & STI
- -
1
5
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
- -
- -
Payables & Accruals
1
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
143.53%
-3.48%
Free Cash Flow
- -
27.18%
-60.92%
Net Income, GAAP
- -
131.02%
-59.38%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
-0.01
- -
-0.03
2025
- -
- -
- -
- -
-0.01
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Patrick J. Cruickshank
Full Time Employees
1,189
Sector
Basic Materials
Industry
Other Precious Metals
Address
1111 Melville Street Vancouver BC Canada V6E 3V6
IPO Date
Jan 28, 2021
Business
Nine Mile Metals Ltd. is a Canadian mineral exploration company focused on critical minerals exploration of volcanogenic massive sulfide (VMS) deposits containing copper, lead, zinc, silver, and gold in the Bathurst Mining Camp of New Brunswick, Canada; its core assets comprise the 100%-owned Nine Mile Brook VMS Project covering 34.98 square kilometers, the California Lake VMS Project, the Canoe Landing Lake (East-West) VMS Project, and the Wedge VMS Project under option; the company targets critical minerals for electric vehicle and green technologies with gold as a hedge. Founded in 2018 and headquartered in Vancouver, British Columbia, Nine Mile Metals operates exclusively in Canada with ongoing advanced geophysical surveys, XRF sampling yielding high-grade results up to 17.41% copper at Wedge, and diamond drilling programs including recent completion of hole DDH WD-25-01 intersecting 22.4 meters of massive VMS mineralization. Recent developments include closing an oversubscribed non-flow-through private placement raising $182,132 in October 2025 and a flow-through placement raising approximately $400,000 later that month to fund exploration; mobilization of drill rigs for the Wedge copper-gold program in November 2025; maintenance of the Wedge option through second anniversary payments in March 2025; and a name change from Stevens Gold Nevada Inc. in January 2022.

Company News

APIChatGPT
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  • Nine Mile Metals advances drilling at Wedge Mine project - ICYMI

  • Nine Mile Metals advances drilling at Wedge Mine project - ICYMI

  • Nasdaq continues rally at open as PayPal climbs on bid, BlackRock earnings impress

  • ASML shares rise after Q2 earnings beat estimates, company raises 2026 outlook

  • Nine Miles Metals reports visual sulphide mineralization in third Wedge drill hole

  • DeepSeek begins IPO preparations with potential 2026 filing, Bloomberg reports

  • Nine Mile Metals Announces Completion of DDH WD-26-03, and Confirms Continued Mineralization at the Wedge Deposit

  • Dow opens higher after soft CPI and good bank earnings offset IBM shocker

  • Nine Miles Metals reports visual sulphide mineralization in third Wedge drill hole

  • Nine Mile Metals Strengthens Capital Markets Strategy with Market-Making and Global Digital Media Engagements

  • Nine Mile Metals signs market-making and media agreements

  • CEO.CA's Inside the Boardroom: Nine Mile Metals Hits Unexpected High Grade Copper Zone at Depth

  • Nine Mile Metals hits two VMS zones in latest Wedge drill hole, adds second rig and new geologist

  • Nine Mile Metals Announces Completion of DDH WD-26-01, Intersecting 129.72 Meters of Visual Mineralization and Identifies Two Massive Sulphide Zones

  • FTSE 100 Live: London stocks flat as miners and oilers fall, SpaceX set to fly higher

  • Nine Mile Metals intersects new copper-rich VMS horizon at Wedge Mine

  • Dow hits new record but SpaceX drags on Nasdaq ahead of Fed decision