Weiss Ratings Reiterates Sell (E+) Rating for NexMetals Mining (NASDAQ:NEXM)

Key Points

• Weiss Ratings has reaffirmed its "sell (e+)" rating for NexMetals Mining (NASDAQ:NEXM), indicating a negative outlook for the company's stock.
• Other research firms, including Wall Street Zen and Zacks Research, have also assigned sell ratings, contributing to a consensus rating of "Sell" for the stock.
• NexMetals Mining's stock is currently trading at $5.75, with a fifty-two week range between $3.88 and $11.35.

NexMetals Mining (NASDAQ:NEXM - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by stock analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other research firms have also commented on NEXM. Wall Street Zen upgraded NexMetals Mining to a "sell" rating in a research note on Saturday, August 16th. Zacks Research upgraded NexMetals Mining to a "strong sell" rating in a research note on Tuesday, September 23rd. Two research analysts have rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of "Sell".

NexMetals Mining Trading Up 4.0%

NASDAQ NEXM opened at $5.75 on Wednesday. NexMetals Mining has a fifty-two week low of $3.88 and a fifty-two week high of $11.35.

About NexMetals Mining

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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