Nexus Uranium (CNSX:NEXU) - Stock Price, News & Analysis

NEXU Stock Overview

Engages in the acquisition and exploration of mineral property assets in Canada.

NEXU fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 97.1% below our estimate of its fair value

Risk Analysis

Highly volatile share price over the past 3 months compared to the Canadian market

Earnings have declined by 49.7% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$9M)

+ 1 more risk

Nexus Uranium Corp. Competitors

Greenlane Renewables

TSX:GRN

CA$9.3m

Stallion Uranium

TSXV:STUD

CA$7.6m

Green Shift Commodities

TSXV:GCOM

CA$6.9m

Abasca Resources

TSXV:ABA

CA$7.2m

Price History & Performance

Summary of all time highs, changes and price drops for Nexus Uranium
Historical stock prices
Current Share Price	CA$0.27
52 Week High	CA$0.94
52 Week Low	CA$0.23
Beta	1.78
11 Month Change	-15.63%
3 Month Change	-14.29%
1 Year Change	-10.00%
33 Year Change	-88.39%
5 Year Change	-82.86%
Change since IPO	-89.41%

Recent updates

Calculating The Intrinsic Value Of Golden Independence Mining Corp. (CSE:IGLD)

Aug 03

Shareholder Returns

	NEXU	CA Oil and Gas	CA Market
7D	-3.6%	2.3%	2.2%
1Y	-10.0%	15.9%	24.3%

Return vs Industry: NEXU underperformed the Canadian Oil and Gas industry which returned 16.3% over the past year.

Return vs Market: NEXU underperformed the Canadian Market which returned 24.4% over the past year.

Price Volatility

Is NEXU's price volatile compared to industry and market?
NEXU volatility
NEXU Average Weekly Movement	20.4%
Oil and Gas Industry Average Movement	6.4%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: NEXU's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: NEXU's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
2017	n/a	Jeremy Poirier	www.nexusuranium.com

Nexus Uranium Corp. engages in the acquisition and exploration of mineral property assets in Canada. It explores for uranium, gold, silver, and copper deposits. The company holds an option to acquire 90% interest in the Wray Mesa uranium project with 308 unpatented mining claims covering 6,282 acres located in the Uruvan mining district in Utah.

Nexus Uranium Corp. Fundamentals Summary

How do Nexus Uranium's earnings and revenue compare to its market cap?
NEXU fundamental statistics
Market cap	CA$9.26m
Earnings (TTM)	-CA$12.98m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.7x

P/E Ratio

Is NEXU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEXU income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$12.98m
Earnings	-CA$12.98m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.39
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did NEXU perform over the long term?

See historical performance and comparison

NEXU Stock Overview

Rewards

Risk Analysis

Nexus Uranium Corp. Competitors

TSX:GRN

CA$9.3m

TSXV:STUD

CA$7.6m

TSXV:GCOM

CA$6.9m

TSXV:ABA

CA$7.2m

Price History & Performance

Recent News & Updates

High number of new and inexperienced directors

An Unknown buyer completed the acquisition of 51.54% stake in Independence project in Nevada from Nexus Uranium Corp. (CNSX:NEXU) for CAD 1.22 million.

New major risk - Financial data availability

New major risk - Shareholder dilution

Nexus Uranium Corp. announced that it has received CAD 1.501299 million in funding

Nexus Uranium Corp. announced that it expects to receive CAD 1.8 million in funding

Recent updates

High number of new and inexperienced directors

An Unknown buyer completed the acquisition of 51.54% stake in Independence project in Nevada from Nexus Uranium Corp. (CNSX:NEXU) for CAD 1.22 million.

New major risk - Financial data availability

New major risk - Shareholder dilution

Nexus Uranium Corp. announced that it has received CAD 1.501299 million in funding

Nexus Uranium Corp. announced that it expects to receive CAD 1.8 million in funding

Nexus Uranium Corp. Outlines Summer Geophysical Program

Nexus Uranium Corp. announced that it has received CAD 1.2 million in funding

Nexus Uranium Corp. announced that it expects to receive CAD 1.2 million in funding

Nexus Uranium Corp., Annual General Meeting, Apr 12, 2024

Nexus Uranium Corp. Finalizes Plans for Phase 1 Drilling at Wray Mesa

Less than half of directors are independent

Golden Independence Mining Corp. Announces Management Changes

New major risk - Financial position

Golden Independence Completes Phase One Exploration Program At Napoleon Project

New minor risk - Share price stability

Insider recently sold CA$123k worth of stock

Golden Independence Mining Corp., Annual General Meeting, May 01, 2023

Golden Independence Mining Corp. announced that it expects to receive CAD 2 million in funding

Golden Independence Mining Enters into an Agreement to Settlement with Independence Gold-Silver Mines, Inc

No independent directors

Now 36% undervalued after recent price drop

Golden Independence Mining Corp. Provides an Update on the Its Newly Acquired Fraser Lake Copper Project Located Proximal to the Quesnel Trough of Central British Columbia

Now 27% undervalued after recent price drop

Calculating The Intrinsic Value Of Golden Independence Mining Corp. (CSE:IGLD)

CEO & Director recently sold CA$54k worth of stock

Golden Independence Mining Corp. Provides Update on Independence Heap-Leach Development Project in Nevada

No independent directors

Golden Independence Mining Corp. Appoints Jordan Carroll to the Board of Directors

Golden Independence Mining Corp. Announces Board Changes

Less than half of directors are independent

Golden Independence Mining Corp. Announces Resignation of Don McDowell as Director

Golden Independence Mining Corp. Announces the Results of A Positive Preliminary Economic Assessment

Golden Independence Mining Corp. Announces the Remaining Drill Results from Its Recently Completed Phase II Drill Program At the Independence Project, South of Battle Mountain, Nevada

Golden Independence Files NI 43-101 Technical Report on Sedar

Golden Independence Mining Corp. Intersects 1.89 g/t Gold and 6.9 g/t Silver over 50 Feet at Independence Project

Golden Independence Mining Corp. announced that it expects to receive CAD 0.5 million in funding

Golden Independence Completes Phase II Drill Program At Independence

Golden Independence Mining Corp. Announces its Maiden National Instrument 43-101 (NI 43-101) Compliant Mineral Resource Estimate

Golden Independence Completes Remediation of Historical Operations

Golden Independence Mining Corp. Commences Phase II RC Drilling At Independence Project

Golden Independence Mining Corp. announced that it has received CAD 2.8 million in funding

Golden Independence Mining Corp. announced that it expects to receive CAD 2.5 million in funding

Golden Independence Mining Corp. Announces the Next Series of Drill Results from Its Recently Completed 2020 Resource Expansion Drill Program At the Independence Project, South of Battle Mountain, Nevada

Golden Independence Intersects 0.617 G/T Gold and 3.8 G/T Silver over 255 Feet from Surface At Independence Project

Golden Independence Mining Corp. Announces Next Series of Drill Results from its Recently Completed 2020 Resource Expansion Drill Program at the Independence Project, South of Battle Mountain, Nevada

Golden Independence Announces the Appointment of Jeremy Poirier and Benjamin Asuncion to the Company's Advisory Board

Golden Independence Announces Next Series of Drill Results from Recently Completed 2020 Resource Expansion Drill Program at Independence Project, South of Battle Mountain, Nevada

New 90-day low: CA$0.29

Golden Independence Mining Corp. Submits Independence Project Description to BLM

New 90-day low: CA$0.41

Golden Independence Mining Corp. Announces Further Drill Results from Its Recently Completed 2020 Resource Expansion Drill Program At the Independence Project, South of Battle Mountain, Nevada

Golden Independence Mining Corp. Intersects 1.11 g/t Gold and 7.8 g/t Silver over 20 Feet at Independence Project

Golden Independence Mining Corp. Announces Resignation of Michael Dake as a Director

Golden Independence Mining Corp. Releases Additional Assay Results Including 270 Feet Grading 1.10 g/t Gold

Golden Independence Mining Corp. Announces Drill Results from Previously-Unreleased Holes Completed on the Independence Project Subsequent to the 2010 Historical Resource Estimate

Golden Independence Mining Corp. Announces Chief Executive Officer Change

New 90-day high: CA$0.60

Golden Independence Mining Corp. Commences Drilling At Its Independence Property in Nevada