NeXGold Mining (TSXV:NEXG) - Stock Price, News & Analysis

NEXG Stock Overview

Operates as a gold exploration and development company in Canada.

NEXG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 27.5% per year over past 5 years

Shareholders have been substantially diluted in the past year

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

Does not have a meaningful market cap (CA$59M)

NeXGold Mining Corp. Competitors

Soma Gold

TSXV:SOMA

CA$55.3m

Bedford Metals

TSXV:BFM

CA$55.0m

Great Pacific Gold

TSXV:GPAC

CA$59.1m

Orvana Minerals

TSX:ORV

CA$55.3m

Price History & Performance

Summary of all time highs, changes and price drops for NeXGold Mining
Historical stock prices
Current Share Price	CA$0.79
52 Week High	CA$1.07
52 Week Low	CA$0.46
Beta	1.53
11 Month Change	5.33%
3 Month Change	1.28%
1 Year Change	51.92%
33 Year Change	-77.03%
5 Year Change	-72.57%
Change since IPO	-95.61%

Recent updates

Shareholder Returns

	NEXG	CA Metals and Mining	CA Market
7D	2.6%	-1.0%	2.2%
1Y	51.9%	37.6%	24.3%

Return vs Industry: NEXG exceeded the Canadian Metals and Mining industry which returned 37.6% over the past year.

Return vs Market: NEXG exceeded the Canadian Market which returned 24.3% over the past year.

Price Volatility

Is NEXG's price volatile compared to industry and market?
NEXG volatility
NEXG Average Weekly Movement	8.4%
Metals and Mining Industry Average Movement	10.7%
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: NEXG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: NEXG's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1997	22	Jeremy Wyeth	nexgold.com

NeXGold Mining Corp. operates as a gold exploration and development company in Canada. The company’s flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 ha; four mining leases totaling 359.25 ha; and 28 land parcels totaling 1,347.189 ha.

NeXGold Mining Corp. Fundamentals Summary

How do NeXGold Mining's earnings and revenue compare to its market cap?
NEXG fundamental statistics
Market cap	CA$58.84m
Earnings (TTM)	-CA$10.54m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-5.7x

P/E Ratio

Is NEXG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEXG income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$10.54m
Earnings	-CA$10.54m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	17.0%

How did NEXG perform over the long term?

See historical performance and comparison

NEXG Stock Overview

Rewards

Risk Analysis

NeXGold Mining Corp. Competitors

TSXV:SOMA

CA$55.3m

TSXV:BFM

CA$55.0m

TSXV:GPAC

CA$59.1m

TSX:ORV

CA$55.3m

Price History & Performance

Recent News & Updates

NeXGold Mining Corp. announced that it has received CAD 18.537602 million in funding

NeXGold Mining Corp. Intersects Significant Visible Gold on the Eastern End of the C Zone at the Goliath Deposit at the Goliath Gold Complex

Price target increased by 17% to CA$1.75

NeXGold Mining Corp. (TSXV:NEXG) entered into a definitive agreement to acquire Signal Gold Inc. (TSX:SGNL) for CAD 24.7 million.

NeXGold Mining Corp. (TSXV:NEXG) entered into a definitive agreement to acquire Signal Gold Inc. (TSX:SGNL) for CAD 24.7 million.

Price target decreased by 18% to CA$1.60

Recent updates

NeXGold Mining Corp. announced that it has received CAD 18.537602 million in funding

NeXGold Mining Corp. Intersects Significant Visible Gold on the Eastern End of the C Zone at the Goliath Deposit at the Goliath Gold Complex

Price target increased by 17% to CA$1.75

NeXGold Mining Corp. (TSXV:NEXG) entered into a definitive agreement to acquire Signal Gold Inc. (TSX:SGNL) for CAD 24.7 million.

NeXGold Mining Corp. (TSXV:NEXG) entered into a definitive agreement to acquire Signal Gold Inc. (TSX:SGNL) for CAD 24.7 million.

Price target decreased by 18% to CA$1.60

NeXGold Mining Corp. Provides an Update on the Field Work Conducted This Season

NexGold Mining Corp Commences Phase 1 of a 25,000-metre Expansion and Discovery Drilling Campaign at the Goliath Gold Complex

Price target increased by 8.3% to CA$1.95

High number of new directors

New major risk - Shareholder dilution

Treasury Metals Inc. announced that it has received CAD 6.39998 million in funding

Treasury Metals Inc., Annual General Meeting, Jun 26, 2024

Treasury Metals Inc. (TSX:TML) entered into a definitive arrangement agreement to acquire Blackwolf Copper and Gold Ltd. (TSXV:BWCG) for CAD 14.9 million.

Treasury Metals (TSE:TML) Is Making Moderate Use Of Debt

New major risk - Financial position

Treasury Metals Inc. Announces Resignation of Frazer Bourchier from the Board of Directors

Price target decreased by 52% to CA$0.50

Treasury Metals Inc. announced that it has received CAD 4.15 million in funding

Treasury Metals Inc. announced that it expects to receive CAD 4.004 million in funding

Price target decreased by 19% to CA$0.85

Treasury Metals Inc. Announces Board Changes

Is Treasury Metals (TSE:TML) Weighed On By Its Debt Load?

New major risk - Financial position

Treasury Metals Inc. Announces Board Changes

Treasury Metals Inc. Announces Additional Exploration Results at Fold Nose Target and Update on Summer Field Program

Treasury Metals Inc. announced that it has received CAD 1.40572 million in funding

Treasury Metals Inc. announced that it has received CAD 1.41024 million in funding

William (Bill) Fisher and Flora Wood Do Not Standing for Re–Election to the Treasury Board of Directors of Treasury Metals Inc

Treasury Metals Inc. announced that it expects to receive CAD 1.41024 million in funding

Is Treasury Metals (TSE:TML) Using Too Much Debt?

Price target decreased by 7.5% to CA$1.08

Treasury Metals Inc. Announces Result from the 2022 Summer Prospecting and Mapping Program At the Company's 100% Owned Goldrock Property

High number of new directors

Treasury Metals Inc. Announces Exploration Results At Goldlund and Caracal

Health Check: How Prudently Does Treasury Metals (TSE:TML) Use Debt?

Treasury Metals Inc. Announces Exploration Program at Goldrock Property

High number of new directors

Is Treasury Metals (TSE:TML) A Risky Investment?

Price target decreased to CA$1.88

High number of new directors

Treasury Metals Inc. Announces Board Changes

Treasury Metals Extends Mineralization to 600Meters Along Strike At Far East Target

President exercised options to buy CA$50k worth of stock.

Price target increased to CA$12.58

Marc Henderson and Daniel Wilton Do Not Stand for Re-Election to the Board of Treasury Metals Inc

Treasury Metals Inc. Announces Updated Mineral Resource Estimate At Goliath Gold Complex

Treasury Metals Inc., Annual General Meeting, Jun 28, 2022

Treasury Metals Inc. Announces New Discoveries on Goliath Gold Complex

Treasury Metals Inc. Provides 2022 Exploration and Development Plans and Additional Gold Assay Results at Goliath and Goldlund

Price target decreased to CA$2.12

Treasury Metals Announces Additional Silver Assay Results At Goldlund

Treasury Metals Announces Additional Results Including 0.89 g/t Au over 40.05 metres and Confirms Silver at Goldlund

High number of new directors

Treasury Metals Announces Additional Results at Goldlund Gold Deposit

Shareholder Returns

Price Volatility

About the Company

NeXGold Mining Corp. Fundamentals Summary