Nexus Uranium Balance Sheet Health

Financial Health criteria checks 6/6

Nexus Uranium has a total shareholder equity of CA$8.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.0M and CA$372.6K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$1.43m
Equity	CA$8.65m
Total liabilities	CA$372.59k
Total assets	CA$9.02m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 3H1's short term assets (CA$1.5M) exceed its short term liabilities (CA$66.0K).

Long Term Liabilities: 3H1's short term assets (CA$1.5M) exceed its long term liabilities (CA$306.6K).

Debt to Equity History and Analysis

Debt Level: 3H1 is debt free.

Reducing Debt: 3H1 has not had any debt for past 5 years.

Balance Sheet

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.

Stable Cash Runway: 3H1 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: 3H1 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.

Nexus Uranium Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

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

New major risk - Market cap size

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

Golden Independence Completes Phase One Exploration Program At Napoleon Project

Insider recently sold €83k 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 32% 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 28% undervalued after recent price drop

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 has received CAD 0.501371 million in funding

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

Golden Independence Mining Corp. Submits Independence Project Description to BLM

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

New 90-day low: €0.30

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

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

Golden Independence Announces Fall 2020 Exploration Program at its Independence Property in Nevada

Golden Independence Mining Corp. announced that it has received CAD 4 million in funding

Golden Independence Mining Corp. Appoints Donald Mcdowell to Board of Directors

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies