Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
NxGold. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
NxGold's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 NxGold 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare NxGold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare NxGold's earnings growth to the Canada market average as no estimate data is available.
Unable to compare NxGold's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if NxGold is high growth as no earnings estimate data is available.
Unable to determine if NxGold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
NxGold's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Christopher Walter McFadden, also known as Chris, has been Chief Executive Officer and President of NxGold Ltd. since February 2, 2017 and Director since April 12, 2017. Mr. McFadden serves as the Commercial General Manager in the Exploration Group based in Melbourne. He served as the Head of Commercial, Strategy & Corporate Development and General Manager at Tigers Realm Coal Limited from January 1, 2013 to August 1, 2015. Mr. McFadden served as Senior Advisor at EMR Capital Pty Ltd. He serves as General Manager of Business Development of Tigers Realm Minerals Pty Ltd. He served as the Commercial General Manager of Rio Tinto from 2006 to 2010. He is a lawyer with 20 years experience in exploration and mining. He has extensive international experience in managing large and complex transactions and has a broad knowledge of all aspects of project evaluation and negotiating project entry in challenging and varied environments. Mr. McFadden worked as a solicitor in the Melbourne and London legal departments for Rio Tinto for many years. He has extensive experience in dealing with mining exploration and development projects. He has broad experience dealing with junior mining companies, governments and other stakeholders in mining projects around the world. He led the sales process for the Kintyre uranium project in Western Australia. Before his employment at Rio Tinto he spent five years in private legal practice and worked as the General Counsel and Company Secretary of Pacific Hydro Limited. He has served as the Chairman at NexGen Energy Ltd. since May 22, 2014 and has been its Independent Director since April 19, 2013 and also served as its Director since December 10, 2011. He has been an Independent Director of IsoEnergy Ltd. since April 1, 2016. He served as a Non Executive Director at Waratah Resources Limited (Mobecom Limited) from November 28, 2014 to October 9, 2015. He served as a Director of Extract Resources Ltd. from July 6, 2009 to April 12, 2010. He is a qualified lawyer with extensive experience in the energy and resources industries. Mr. McFadden has LLB and BCom from the University of Melbourne and a Masters of Business Administration from Monash University.
Insufficient data for Chris to compare compensation growth.
Chris's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the NxGold management team is about average.
Chief Financial Officer
Vice President of Corporate Development
Vice President of Exploration & Development
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the NxGold board of directors is less than 3 years, this suggests a new board.
Board of Directors
Member of Advisory Board
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by NxGold insiders in the past 3 months, but not in substantial volumes.
NxGold Ltd (CVE:NXN): What Does Its Beta Value Mean For Your Portfolio?
Anyone researching NxGold Ltd (CVE:NXN) might want to consider the historical volatility of the share price. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.
Is Now The Time To Bet On The Basic Materials Sector And NxGold Ltd (TSXV:NXN)?
TSXV:NXN PE PEG Gauge Nov 17th 17 The metals and mining industry is trading at a PE ratio of 11x, below the broader Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of NXN, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.
Savvy investors should always reassess the situation of loss-making companies frequently, and keep informed about whether or not these businesses are in a strong cash position. … Companies with high cash burn rates can eventually turn into ashes, which makes it the biggest risk an investor in loss-making companies face. … Loss-making companies are a risky play, especially those that are still growing its opex at a high rate.
NxGold Ltd. engages in acquiring and exploring mineral properties, primarily gold in Canada. Its early-stage exploration projects include the right to acquire 70% undivided interest in the Kuulu property located in the Kavilliq region of Nunavut; and an option agreement to earn up to a 100% interest in the Chicobi property located approximately 30 km northeast of Amos, Quebec. The company was formerly known as Lancaster Capital Corp. and changed its name to NxGold Ltd. in November 2016. NxGold Ltd. was incorporated in 2004 and is headquartered in Vancouver, Canada.
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