In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NeXGold Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

TSXV:NEXG - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	N/A	-43	-14	-37	N/A
12/31/2025	N/A	-41	-13	-36	N/A
9/30/2025	N/A	-42	-1	-32	N/A
6/30/2025	N/A	-34	-22	-30	N/A
3/31/2025	N/A	-26	-12	-20	N/A
12/31/2024	N/A	-20	-7	-15	N/A
9/30/2024	N/A	-12	-10	-10	N/A
6/30/2024	N/A	-11	-8	-8	N/A
3/31/2024	N/A	-11	-10	-10	N/A
12/31/2023	N/A	-13	-11	-11	N/A
9/30/2023	N/A	-16	-12	-12	N/A
6/30/2023	N/A	-18	-13	-13	N/A
3/31/2023	N/A	-19	-2	-16	N/A
12/31/2022	N/A	-20	-4	-18	N/A
9/30/2022	N/A	-31	-7	-31	N/A
6/30/2022	N/A	-26	-9	-28	N/A
3/31/2022	N/A	-22	-20	-23	N/A
12/31/2021	N/A	-16	-18	-18	N/A
9/30/2021	N/A	2	-15	-3	N/A
6/30/2021	N/A	2	-12	-4	N/A
3/31/2021	N/A	-2	-9	-4	N/A
12/31/2020	N/A	-3	-8	-4	N/A
9/30/2020	N/A	-7	-6	-3	N/A
6/30/2020	N/A	-9	-6	-2	N/A
3/31/2020	N/A	-4	-6	-3	N/A
12/31/2019	N/A	-5	N/A	-3	N/A
9/30/2019	0	-5	N/A	-3	N/A
6/30/2019	0	-4	N/A	-3	N/A
3/31/2019	0	-4	N/A	-3	N/A
12/31/2018	N/A	-5	N/A	-4	N/A
9/30/2018	0	-2	N/A	-4	N/A
6/30/2018	0	-2	N/A	-4	N/A
3/31/2018	0	-3	N/A	-5	N/A
12/31/2017	0	-3	N/A	-5	N/A
9/30/2017	0	-3	N/A	-3	N/A
6/30/2017	0	-3	N/A	-3	N/A
3/31/2017	0	-3	N/A	-2	N/A
12/31/2016	0	-3	N/A	-2	N/A
9/30/2016	0	-4	N/A	-4	N/A
6/30/2016	0	-4	N/A	-3	N/A
3/31/2016	0	-3	N/A	-2	N/A
12/31/2015	0	-3	N/A	-2	N/A
9/30/2015	0	-2	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if NEXG's forecast earnings growth is above the savings rate (3%).

Earnings vs Market: Insufficient data to determine if NEXG's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if NEXG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if NEXG's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if NEXG's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if NEXG's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/05 04:17
End of Day Share Price	2026/07/03 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NeXGold Mining Corp. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kerry Smith	Haywood Securities Inc.
Geordie Mark	Haywood Securities Inc.
null null	National Bank Financial

NeXGold Mining Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 9.5% to CA$4.40

Price target increased by 8.8% to CA$3.92

Price target increased by 14% to CA$3.00

Price target increased by 17% to CA$1.75

Price target decreased by 18% to CA$1.60

Price target increased by 8.3% to CA$1.95

Recent updates

NeXGold Mining Corp. announced that it has received CAD 9.99999 million in funding

Valuation Update (June 2026)

Nexgold Mining Corp. Announces Margot Naudie Will Not Stand for Re-Election as Director

NexGold Mining Corp. Provides Update on Key Development Activities At the Goldboro Gold Project in Nova Scotia

NexGold Mining Corp Reports Additional Broad High-Grade Gold Drill Intercepts At Goldlund Supporting Mineral Resource Continuity And Expansion Potential

Nexgold Mining Corp. Appoints David Anthony to Its Board of Directors

NeXGold Mining Corp. Intersects Gold At Goldlund Deposit in Ontario

NeXGold Mining Corp., Annual General Meeting, Jun 24, 2026

NeXGold Mining Corp. Reports Drilling Results At Goldlund Deposit

Nexgold Mining Corp Initiates 30,000-Metre Infill Drill Program At the Goldboro Gold Project in Nova Scotia

Purchase made

A Case For NeXGold Mining Corp, a 20+ bagger by 2030 (C$40-70) or a 10 bagger by Christmas 2026 (C$16), or both?

Nexgold Mining Corp. Intersects 9.30 G/T Gold over 11.0 Metres and 2.31 G/T Gold over 21.5 Metres At the Goldlund Deposit, Ontario

New major risk - Shareholder dilution

NexGold Mining Corp. Announces Resignation of Paul McRae from Board of Directors

NexGold Mining Corp. Initiates a 25,000-Metre Infill Diamond Drill Program at the Goliath Gold Complex, Ontario

Director exercised options and sold CA$286k worth of stock

Price target increased by 9.5% to CA$4.40

Price target increased by 8.8% to CA$3.92

Director recently bought CA$50k worth of stock

NeXGold Mining Corp. announced that it has received CAD 112.55232 million in funding

NeXGold Mining Corp. announced that it expects to receive CAD 110.0022 million in funding

NexGold Mining Corp. Announces Executive Changes

NeXGold Mining Corp. Announces Management Changes

NeXGold Mining (CVE:NEXG) Is Making Moderate Use Of Debt

Nexgold Mining Corp. Intersects 18.16 G/T Gold over 2.1 Metres and 6.91 G/T Gold over 2.5 Metres At the Goldboro Open Pit Gold Project

New major risk - Financial position

NexGold Mining Corp. Continues to Intersect High-Grade Gold Mineralization at Goldboro Open Pit Gold Project, Including 108.76 G/T Au over 1.40 Metres and 67.23 G/T Gold over 2.20 Metres

Nexgold Mining Corp. Continues to Intersect High-Grade Gold Mineralization At the Goldboro Open Pit Gold Project, Including 50.73 G/T Gold over 6.65 Metres and 5.28 G/T Gold over 19.20 Metres

NeXGold Mining Corp. Provides Additional Results from the Most Recent Diamond Drilling At the Goliath Gold Complex

Nexgold Mining Corp. Receives Schedule 2 Amendment Approval for Goldboro Gold Project

NexGold Mining Corp. Provides Further Update on its Ongoing 25,000-Metre Diamond Drill Program at its Goldboro Gold Project in Nova Scotia

Nexgold Mining Corp. Infill Drilling Intersects 1.60 G/T Gold over 36.80 Metres At the Goldboro Gold Project

NexGold Mining Corp. Receives Notice of Completion on Industrial Approval from the Government of Nova Scotia for the Goldboro Gold Project

NexGold Mining Corp. Infill Drilling Intersects 25.79 g/t Gold over 4.5 Metres and 18.09 g/t Gold over 3.0 Metres at the Goldboro Goldboro Gold Project

NexGold Mining Corp. Infill Drilling Intersects 11.87 g/t Gold Over 6.1 Metres and 3.77 g/t Gold Over 9.1 Metres at the Goldboro Goldboro Goldboro Gold Project

Price target increased by 14% to CA$3.00

NeXGold Mining Corp., Annual General Meeting, Jun 26, 2025

NexGold Mining Corp. Provides Drill Results from the Ongoing 25,000-Metre Diamond Drill Program at the Goliath Gold Complex

NeXGold Mining Corp. announced that it expects to receive CAD 10.00008 million in funding

Nexgold Mining Corp. Provides Positive Update on Tailings Design for Feasibility Study At Goliath Gold Complex

NexGold Mining Corp. Commences Next Phase of Diamond Drilling At the Goliath Gold Complex

NexGold Initiates Inaugural 25,000-Metre Diamond Drill Program and Plans an Updated Mineral Resource at the Goldboro Gold Project

NexGold Mining Corp. Provides Summary of Outlines Key Priorities for 2025

NeXGold Mining Corp. (TSXV:NEXG) completed the acquisition of Signal Gold Inc. (TSX:SGNL).

NeXGold Mining Corp. announced that it has received CAD 18.802602 million in funding

NeXGold Mining Corp. Intersects 6.3 Metres of 50.81 G/T Au Including 635 G/T Au over 0.5 Metres from Visible Gold Core Sample at the C Zone East

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. and Signal Gold Inc. Appoints CFO for the Combined Company

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. announced that it expects to receive CAD 4 million in funding

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?