Nine Mile Metals Ltd.

Nine Mile Metals Ltd.

VMSXF
Nine Mile Metals Ltd.US flagOther OTC
0.06
USD
+0.00
- -
5.16MMarket 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
0.03
Tangible Book Value per Share
0.09
0.03
0.05
0.14
0.08
0.06
0.04
0.05
Basic Weighted Avg Shares
9
8
20
39
58
73
96
111
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
- -
- -
- -
1
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
1
- -
1
5
5
4
4
6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-297.43
-1,748.09
-68.49
-67.85
-69.79
-36.29
-28.56

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
108
110
156
Market Capitalization
1
1
26

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'26
Total Current Assets
- -
- -
1
Cash, Cash Equivalents & STI
- -
- -
1
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

APIChat
CEO
Patrick John Cruickshank
Full Time Employees
1
Sector
Basic Materials
Industry
Gold
Address
1650 West 2nd Avenue Vancouver BC Canada V6J 1H4
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

APIChat
  • Nine Mile Metals Announces Drill Rig Mobilization for the Wedge 10,000m Drill Program and Targets New High Grade Copper Zone

  • Nine Mile Metals Announces Additions to Management Team and Board of Directors

  • Nine Mile Metals Announces a Summary of the Fall 2025 Drill Program at the Wedge Mine and Announces a 10,000m Spring Drill Program

  • Nine Mile Metals Announces Closing of Private Placement

  • Nine Mile Metals Announces Private Placement of up to $1 Million

  • Nine Mile Metals Announces Certified Assays from DDH-WD-25-2B of 3.17% CuEq Over 15.00 Meters (7.47 g/t Ag, 0.21 g/t Au, 2.36 % Cu, 0.35% Pb, 1.29% Zn) Including 5.99% CuEq Over 6.84 Meters (14.50 g/t Ag, 0.34 g/t Au, 4.47% Cu, 0.75% Pb 2.58% Zn)

  • CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026

  • Nine Mile Metals Announces Certified Assays from DDH-WD-25-01 of 3.83% CuEq Over 22.65 Meters (39.52 g/t Ag, 0.96 g/t Au, 0.99% Cu, 2.25% Pb, 1.61% Zn) and 4.33% CuEq Over 17.65 Meters (42.5 g/t Ag, 1.01 g/t Au, 1.2% Cu, 2.62% Pb, 2.05% Zn) Including 1.21 g/t Au and 50.33 g/t Ag Over 13.00 Meters

  • Nine Mile Metals Maintains Wedge Project Purchase Option with Third Anniversary Payments

  • VIDEO - BTV Visits Atlas Salt, Graphene Manufacturing, Telescope Innovations, Nevada Organic Phosphate, Maple Gold, Intrepid Metals and Nine Mile Metals

  • Nine Mile Metals Announces Phase 1 Bulk Sample Update at Nine Mile Brook High Grade Lens of 13.71% CuEq over 15.10m

  • Nine Mile Metals Announces Certified Assays from DDH-WD-25-02 of 2.78% CUEQ over 32.10 METERS, Including 4.78% CUEQ over 11.52 Meters and 5.64% CUEQ over 6.02 Meters

  • Nine Mile Metals Intersects 44 Meters of Copper Mineralization and Provides Drill Program Update

  • Nine Mile Metals Announces Completion of DDH WD-25-04, Confirming 40m of Mineralization at Depth

  • Nine Mile Metals Announces Closing of LIFE Offering

  • Nine Mile Metals Announces Upsizing of LIFE Offering

  • Nine Mile Metals Announces Private Placement of up to $4 Million

  • Nine Mile Metals Announces Certified High-Grade Assay Results up to 15.00% Copper from the Wedge Project, Bathurst, New Brunswick

  • Nine Mile Metals Announces Completion of DDH WD-25-02B and Continues to Confirm (2) Zones of Copper Rich VMS with 66 Meters of Mineralization at the Wedge Project

  • Nine Mile Metals Announces Certified High-Grade Assay Results up to 15.21% (CuEq) Copper from the Wedge Project, Bathurst, New Brunswick