Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nex Metals ExplorationASX:NME 12-1 Month Momentum % is -50.00% as of Aug. 19, 2026. The stock has 4 warning signs investors should review. Among 2,495 Metals & Mining companies, Nex Metals Exploration ranks worse than 94.15% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-19), Nex Metals Exploration's 12-1 Month Momentum % is -50.00%.
The industry rank for Nex Metals Exploration's 12-1 Month Momentum % or its related term are showing as below:
ASX:NME's 12-1 Month Momentum % is ranked worse than 94.15% of 2495
companies
in the Metals & Mining industry
Industry Median: 12.9
vs ASX:NME: -50.00
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Nex Metals Exploration 12-1 Month Momentum % Related Terms
ASX:NME vs NEM, AU: 12-1 Month Momentum % Comparison
For the Gold subindustry, Nex Metals Exploration's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nex Metals Exploration 12-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nex Metals Exploration's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Nex Metals Exploration's 12-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a 12-1 Month Momentum % of -50.00% mean?
Nex Metals Exploration (ASX:NME) has a 12-1 Month Momentum % of -50.00% as of Aug. 19, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Nex Metals Exploration and its competitors. According to the industry distribution chart, Nex Metals Exploration ranks #2349 out of 2495 companies in the Metals & Mining industry, placing it in the top 94.1%.
Is Nex Metals Exploration's 12-1 Month Momentum % too high?
Nex Metals Exploration's current 12-1 Month Momentum % is -50.00%. Based on the distribution chart, Nex Metals Exploration ranks #2349 out of 2495 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Nex Metals Exploration's 12-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Nex Metals Exploration ranks #2349 out of 2495 companies for 12-1 Month Momentum %. This places Nex Metals Exploration in the lower half of its industry. The industry median 12-1 Month Momentum % is 12.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Metals & Mining company?
The median 12-1 Month Momentum % among Metals & Mining companies is 12.90, based on 2,495 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Nex Metals Exploration and its competitors. For the Metals & Mining industry, the median 12-1 Month Momentum % is 12.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nex Metals Exploration's current 12-1 Month Momentum % is -50.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nex Metals Exploration stock overvalued right now?
Nex Metals Exploration (ASX:NME) has a current 12-1 Month Momentum % of -50.00%. The current 12-1 Month Momentum % is -50.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Nex Metals Exploration (ASX:NME), the current 12-1 Month Momentum % is -50.00% as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nex Metals Exploration Ltd engages in the exploration and mining of mineral properties in Western Australia. It explores for gold, copper, and nickel. The company holds an interest in the Kookynie Gold Project, Yundamindra Gold Project, and Kookynie Tailings Research Project. The company generates majority of the revenue from Australia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:NME has been successfully added to your 
