Why Did NexMetals Soar 11.66%? Nasdaq Uplisting, Exploration Success

On July 17, 2025, Nexmetals surged by 11.66% in pre-market trading, marking a significant rise in its stock value.

NexMetals Mining Corp. has recently made several strategic moves that have likely contributed to its stock price surge. The company announced its uplisting to the Nasdaq Stock Market, with trading commencing on July 16, 2025, under the symbol "NEXM". This move is expected to enhance the company's visibility and liquidity, attracting more investors and potentially driving up the stock price.

In addition to the uplisting, NexMetals has been actively expanding its exploration efforts. The company has accelerated its drilling program at the Selkirk Mine in Botswana, adding another drill to support the surface drilling program. This initiative aims to expand the resource base and develop a metallurgical flowsheet, which could lead to increased production and revenue in the future.

Furthermore, NexMetals has reported encouraging assay results from its drilling program at the Selebi North Underground. The results indicate significant mineralization below the Selebi North Resource Footprint, suggesting that the company's exploration efforts are yielding positive outcomes. This could further boost investor confidence and contribute to the stock price increase.