NeXGold Mining Corp.

OTCPK:NXGC.F Stock Report

Market Cap: US$40.0m

NeXGold Mining Valuation

Is NXGC.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NXGC.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate NXGC.F's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NXGC.F's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NXGC.F?

Key metric: As NXGC.F is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for NXGC.F. This is calculated by dividing NXGC.F's market cap by their current book value.
What is NXGC.F's PB Ratio?
PB Ratio0.5x
BookCA$116.48m
Market CapCA$56.14m

Price to Book Ratio vs Peers

How does NXGC.F's PB Ratio compare to its peers?

The above table shows the PB ratio for NXGC.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.5x
XTGR.F Xtra-Gold Resources
4.4xn/aUS$56.5m
AUST Austin Gold
2.7xn/aUS$27.3m
PZG Paramount Gold Nevada
0.7xn/aUS$26.6m
NGLD Nevada Canyon Gold
2.1xn/aUS$19.0m
NXGC.F NeXGold Mining
0.5xn/aUS$56.1m

Price-To-Book vs Peers: NXGC.F is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (2.5x).


Price to Book Ratio vs Industry

How does NXGC.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
NEVD.Q Nevada Copper
0.1xn/aUS$26.02m
VITF.F Victoria Gold
0.06xn/aUS$23.43m
BMXI Brookmount Explorations
0.1xn/aUS$6.20m
LITM Snow Lake Resources
0.2xn/aUS$3.58m
NXGC.F 0.5xIndustry Avg. 1.7xNo. of Companies14PB012345+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: NXGC.F is good value based on its Price-To-Book Ratio (0.5x) compared to the US Metals and Mining industry average (1.7x).


Price to Book Ratio vs Fair Ratio

What is NXGC.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NXGC.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate NXGC.F's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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