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NxGold

TSXV:NXN
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NXN
TSXV
CA$8M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

NxGold Ltd. engages in acquiring and exploring mineral properties, primarily gold in Canada. The last earnings update was 17 days ago. More info.


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  • NxGold has significant price volatility in the past 3 months.
NXN Share Price and Events
7 Day Returns
5.6%
TSXV:NXN
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-60.4%
TSXV:NXN
-7%
CA Metals and Mining
-0.2%
CA Market
NXN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NxGold (NXN) 5.6% 11.8% 18.8% -60.4% -36.7% -17.4%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • NXN underperformed the Metals and Mining industry which returned -7% over the past year.
  • NXN underperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
NXN
Industry
5yr Volatility vs Market

NXN Value

 Is NxGold undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
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 CA$0.095.
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 NxGold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NxGold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:NXN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.04
TSXV:NXN Share Price ** TSXV (2019-03-15) in CAD CA$0.1
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NxGold.

TSXV:NXN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:NXN Share Price ÷ EPS (both in CAD)

= 0.1 ÷ -0.04

-2.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NxGold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • NxGold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does NxGold's expected growth come at a high price?
Raw Data
TSXV:NXN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for NxGold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NxGold's assets?
Raw Data
TSXV:NXN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.15
TSXV:NXN Share Price * TSXV (2019-03-15) in CAD CA$0.1
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:NXN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:NXN Share Price ÷ Book Value per Share (both in CAD)

= 0.1 ÷ 0.15

0.63x

* Primary Listing of NxGold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NxGold is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess NxGold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. NxGold has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NXN Future Performance

 How is NxGold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 growth 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 it right!
Annual Growth Rate
33.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NxGold expected to grow at an attractive rate?
  • 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.
Annual Growth Rates Comparison
Raw Data
TSXV:NXN Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:NXN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:NXN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -3
2017-12-31 -10 -2
2017-10-31 -1 -2
2017-07-31 -1 -2
2017-04-30 -1 -1
2017-01-31 0 0
2016-10-31 0 0
2016-07-31 0 0
2016-04-30 0 0
2016-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
TSXV:NXN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from NxGold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NXN Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.04
2017-12-31 -0.04
2017-10-31 -0.06
2017-07-31 -0.06
2017-04-30 -0.06
2017-01-31 -0.02
2016-10-31 -0.01
2016-07-31 0.00
2016-04-30 0.00
2016-01-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if NxGold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine NxGold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. NxGold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. NxGold's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess NxGold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NxGold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NXN Past Performance

  How has NxGold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NxGold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NxGold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare NxGold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare NxGold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
NxGold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NxGold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NXN Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -2.93 1.69
2017-12-31 -1.61 1.66
2017-10-31 -1.93 1.96
2017-07-31 -1.73 1.70
2017-04-30 -1.36 1.32
2017-01-31 -0.35 0.41
2016-10-31 -0.20 0.26
2016-07-31 0.02 0.10
2016-04-30 0.05 0.07
2016-01-31 -0.04 0.06
2015-10-31 -0.05 0.07
2015-07-31 -0.09 0.10
2015-04-30 0.06 0.08
2015-01-31 0.05 0.08
2014-10-31 0.17 0.08
2014-07-31 -0.51 0.06
2014-04-30 -0.66 0.07
2014-01-31 -0.62 0.10
2013-10-31 -0.85 0.21
2013-07-31 -0.25 0.31
2013-04-30 -0.30 0.37
2013-01-31 -0.48 0.47
2012-10-31 -0.48 0.47
2012-07-31 -0.55 0.55
2012-04-30 -0.59 0.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if NxGold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if NxGold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if NxGold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Past performance checks
We assess NxGold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
NxGold 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.

Full details on the Past part of the Simply Wall St company analysis model.

NXN Health

 How is NxGold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NxGold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NxGold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NxGold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NxGold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • NxGold has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NxGold Company Filings, last reported 2 months ago.

TSXV:NXN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 12.41 0.00 3.76
2017-12-31 5.65 0.00 2.20
2017-10-31 5.57 0.00 3.88
2017-07-31 6.00 0.00 4.81
2017-04-30 5.87 0.00 5.52
2017-01-31 6.20 0.00 6.22
2016-10-31 0.68 0.00 0.90
2016-07-31 1.10 0.00 1.11
2016-04-30 1.13 0.00 1.13
2016-01-31 0.66 0.00 0.75
2015-10-31 0.58 0.00 0.67
2015-07-31 0.25 0.00 0.16
2015-04-30 0.07 0.00 0.15
2015-01-31 0.04 0.00 0.13
2014-10-31 0.04 0.00 0.13
2014-07-31 0.08 0.00 0.12
2014-04-30 -0.02 0.00 0.02
2014-01-31 -0.01 0.00 0.04
2013-10-31 -0.18 0.00 0.00
2013-07-31 0.55 0.00 0.00
2013-04-30 0.57 0.00 0.01
2013-01-31 0.47 0.00 0.02
2012-10-31 0.59 0.00 0.05
2012-07-31 0.72 0.00 0.04
2012-04-30 0.79 0.00 0.08
  • NxGold has no debt.
  • NxGold has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • NxGold has sufficient cash runway for 1.8 years based on current free cash flow.
  • NxGold has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 101.9% each year.
X
Financial health checks
We assess NxGold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NxGold has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NXN Dividends

 What is NxGold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from NxGold dividends.
If you bought CA$2,000 of NxGold shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate NxGold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NxGold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:NXN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as NxGold has not reported any payouts.
  • Unable to verify if NxGold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NxGold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NxGold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
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Income/ dividend checks
We assess NxGold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NxGold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NxGold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NXN Management

 What is the CEO of NxGold's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Chris McFadden
COMPENSATION CA$300,000
AGE 49
TENURE AS CEO 2.1 years
CEO Bio

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.

CEO Compensation
  • 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 NxGold management team in years:

2
Average Tenure
  • The tenure for the NxGold management team is about average.
Management Team

Chris McFadden

TITLE
President
COMPENSATION
CA$300K
AGE
49
TENURE
2.1 yrs

Janine Richardson

TITLE
Chief Financial Officer
TENURE
1.1 yrs

Travis McPherson

TITLE
Vice President of Corporate Development
TENURE
3.3 yrs

Darren Lindsay

TITLE
Vice President of Exploration & Development
TENURE
1.9 yrs
Board of Directors Tenure

Average tenure and age of the NxGold board of directors in years:

2.1
Average Tenure
49
Average Age
  • The average tenure for the NxGold board of directors is less than 3 years, this suggests a new board.
Board of Directors

Leigh Curyer

TITLE
Chairman
COMPENSATION
CA$53K
AGE
46
TENURE
3.4 yrs

Chris McFadden

TITLE
President
COMPENSATION
CA$300K
AGE
49
TENURE
1.9 yrs

Richard Patricio

TITLE
Independent Director
COMPENSATION
CA$7K
AGE
44
TENURE
2.1 yrs

Trevor Thiele

TITLE
Independent Director
COMPENSATION
CA$8K
AGE
60
TENURE
2.1 yrs

Arnie Armstrong

TITLE
Member of Advisory Board
AGE
89
TENURE
8 yrs

Karl Laufmann

TITLE
Independent Director
TENURE
1 yrs
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.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
05. Feb 19 Buy Christopher McFadden Individual 05. Feb 19 05. Feb 19 33,000 CA$0.08 CA$2,475
25. Jan 19 Buy Christopher McFadden Individual 24. Jan 19 24. Jan 19 28,000 CA$0.09 CA$2,380
18. Nov 18 Buy Darren Lindsay Individual 16. Nov 18 16. Nov 18 10,000 CA$0.08 CA$800
02. Oct 18 Buy Totus Inc. Company 28. Sep 18 01. Oct 18 250,000 CA$0.14 CA$34,786
20. Jun 18 Buy Richard Patricio Individual 15. Jun 18 15. Jun 18 200,000 CA$0.18 CA$36,000
01. May 18 Buy Darren Lindsay Individual 30. Apr 18 30. Apr 18 8,000 CA$0.17 CA$1,360
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Management checks
We assess NxGold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NxGold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NXN News

Simply Wall St News

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.

Simply Wall St -

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.

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Next Capital Raising For NxGold Ltd (TSXV:NXN)?

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.

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NXN Company Info

Description

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.

Details
Name: NxGold Ltd.
NXN
Exchange: TSXV
Founded: 2004
CA$7,755,067
81,632,286
Website: http://www.nxgold.ca
Address: NxGold Ltd.
3150 - 1021 West Hastings Street,
Vancouver,
British Columbia, V6E 0C3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV NXN Common Shares TSX Venture Exchange CA CAD 03. Apr 2006
OTCPK LBHR.F Common Shares Pink Sheets LLC US USD 03. Apr 2006
Number of employees
Current staff
Staff numbers
0
NxGold employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 23:58
End of day share price update: 2019/03/15 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.