NexMetals Mining (NASDAQ:NEXM) Rating Increased to Strong Sell at Zacks Research

Key Points

• NexMetals Mining has been downgraded to a "strong sell" rating by Zacks Research, reflecting a negative outlook from analysts.
• Another research group, Wall Street Zen, also assigned a "sell" rating to NexMetals Mining, consistent with the overall average of "sell" ratings by various analysts.
• The stock price of NexMetals Mining opened at $5.82 on Tuesday, with a 12-month trading range between $3.88 and $12.04.

NexMetals Mining (NASDAQ:NEXM - Get Free Report) was upgraded by equities researchers at Zacks Research to a "strong sell" rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, Wall Street Zen upgraded NexMetals Mining to a "sell" rating in a research report on Saturday, August 16th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of "Sell".

NexMetals Mining Trading Up 2.1%

NEXM opened at $5.82 on Tuesday. NexMetals Mining has a 12 month low of $3.88 and a 12 month high of $12.04.

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.

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