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📈 NexGold Mining Stock Potential Analysis
1. 🔍 Current Situation: NexGold Mining, with its Goliath-Goldlund project, is set to begin production in 2027, with an initial annual production of 120,000 ounces. The acquisition of Signal Gold adds significant resources and production potential, particularly through the Goldboro project.
2. ⚒️ Production and Revenue:
- Total Annual Production:
220,000 oz = 120,000 oz (NexGold) + 100,000 oz (Goldboro)
- Total Annual Revenue:
$880,000,000 = 220,000 oz × $4,000/oz
3. 💰 Profitability:
- Net Profit per Ounce:
$2,150 = $4,000 - (($900 + $800) / 2)
- Total Annual Net Profit:
$473,000,000 = $2,150 × 220,000 oz
4. 📊 Valuation:
- Market Cap:
$4,730,000,000 = $473,000,000 × 10
- Projected Share Price:
$9.46 = $4,730,000,000 / 500,000,000 shares
5. 🚀 Investment Potential:
- ROI:
1,589.29% = ((9.46 - 0.56) / 0.56) × 100%
- Baggers:
16.89 = 9.46 / 0.56
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