Explore 3 Stock Ideas & Industry Insights Download Free Report

small-cap

Momentum Model Portfolio Rebalancing: EXIT (TSX: FVL ) and ENTRY (TSX: NEXM)

Sep 12, 2025 | Team Kalkine
Momentum Model Portfolio Rebalancing:  EXIT (TSX: FVL ) and ENTRY (TSX: NEXM)
Image source: shutterstock

  • FVL:TSX
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (CA$)
  • NEXM:TSX-V
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (CA$)

Exit Case: Freegold Ventures Limited (TSX: FVL)

 Overview: Freegold Ventures Limited (TSX: FVL) is a Canada-based mineral exploration company with a strong focus on advancing projects in Alaska, USA. The Company’s primary asset is the Golden Summit Gold Project, located near Fairbanks, a region with a rich history of gold production and established infrastructure that supports exploration and potential development. FVL has been a part of the 'Momentum Model Portfolio' since July 15, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the closing price of CAD 1.64 as on September 11, 2025.

FVL Daily Chart

New Entry Case: NexMetals Mining Corp. (TSXV: NEXM)

Overview: NexMetals Mining Corp. (TSXV: NEXM) (formerly Premium Resources Ltd.) is a mineral exploration and development company with a strategic focus on critical metals essential for the global clean energy transition. The Company is actively engaged in the redevelopment of its previously producing copper, nickel, and cobalt mines located in the Republic of Botswana.

Technical Analysis: On the daily chart, NEXM is trading securely above a key horizontal trendline support, reinforcing the potential for further near-term upside. Momentum remains constructive, with the 14-period Relative Strength Index (RSI) at 58.82, reflecting solid bullish momentum and sustained buying interest. Supporting this outlook, the stock also trades comfortably above its 21-period Simple Moving Average (SMA), highlighting the strength and durability of the prevailing uptrend.

NEXM is recommended as a new entry in the 'Momentum Model Portfolio' as on September 12, 2025. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the closing price of CAD 8.35 as on September 11, 2025.

NEXM’s Daily Chart

Support and Resistance Summary (As on September 11, 2025)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of September 11, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.


Disclaimer-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

Past performance is not a reliable indicator of future performance.