Nexus Gold Corp., a mineral exploration company, explores for mineral properties in West Africa and Canada.
+ 2 more risks
Adequate balance sheet and overvalued.
Share Price & News
How has Nexus Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NXXG.F's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: NXXG.F underperformed the US Metals and Mining industry which returned -30.4% over the past year.
Return vs Market: NXXG.F underperformed the US Market which returned -15.1% over the past year.
Price Volatility Vs. Market
How volatile is Nexus Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Nexus Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NXXG.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NXXG.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NXXG.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: NXXG.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NXXG.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NXXG.F is good value based on its PB Ratio (0.6x) compared to the US Metals and Mining industry average (1x).
How is Nexus Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
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 Nexus Gold 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.
- Examine Nexus Gold'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.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Nexus Gold's filings and announcements here.
- Explore growth companies in the Materials industry.
How has Nexus Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NXXG.F is currently unprofitable.
Growing Profit Margin: NXXG.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NXXG.F is unprofitable, and losses have increased over the past 5 years at a rate of -16.9% per year.
Accelerating Growth: Unable to compare NXXG.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NXXG.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.3%).
Return on Equity
High ROE: NXXG.F has a negative Return on Equity (-46.46%), as it is currently unprofitable.
How is Nexus Gold's financial position?
Financial Position Analysis
Short Term Liabilities: NXXG.F's short term assets (CA$638.0K) exceed its short term liabilities (CA$461.2K).
Long Term Liabilities: NXXG.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NXXG.F is debt free.
Reducing Debt: NXXG.F has no debt compared to 5 years ago when its debt to equity ratio was 0%.
Inventory Level: NXXG.F has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if NXXG.F's debt is covered by short term assets.
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: NXXG.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NXXG.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -31.8% each year
What is Nexus Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NXXG.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NXXG.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NXXG.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NXXG.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NXXG.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alex Klenman (56yo)
Mr. Alexander Klenman, Alex, served as Director at Black Tusk Resources Inc. since March 4, 2019 until March 2020. Mr. Klenman is an Independent Director of Blackhawk Resource Corp since December 20, 2019. ...
CEO Compensation Analysis
Compensation vs Market: Alex's total compensation ($USD124.77K) is below average for companies of similar size in the US market ($USD618.59K).
Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.
|Independent Director||5.75yrs||CA$187.34k||1.62% CA$57.2k|
|Independent Director||3.08yrs||no data||no data|
|Independent Non-Executive Chairman||1.08yrs||no data||no data|
Experienced Board: NXXG.F's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NXXG.F insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 146.9%.
Nexus Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Nexus Gold Corp.
- Ticker: NXXG.F
- Exchange: OTCPK
- Industry: Gold
- Sector: Materials
- Market Cap: CA$4.988m
- Listing Market Cap: CA$3.530m
- Shares outstanding: 124.71m
- Website: https://www.nexusgoldcorp.com
- Nexus Gold Corp.
- 700 West Pender Street
- Suite 720
- British Columbia
- V6C 1G8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NXS||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2014|
|NXXG.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2014|
|N6E1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2014|
Nexus Gold Corp., a mineral exploration company, explores for mineral properties in West Africa and Canada. The company explores for gold, silver, and copper deposits. It holds interest in the Bouboulou gold concession covering an area of 38.8 square kilometers located to the north-west of the capital Ouagadougou; Rakounga gold concession that covers an area of 250-square kilometers in Burkina Faso, West Africa; and Niangouela gold concession totaling an area of 178 square kilometers located in Burkina Faso, West Africa. The company also holds interest in the New Pilot project covering an area of approximately 509 hectares in the Bridge River Mining Camp, British Columbia; the 1,348.5 hectare McKenzie gold project located in the Red Lake region of Northwestern Ontario; and the Gummy Bear Copper-Gold Project consist of 7 claims and covering an area of 2,525 hectares in Central Newfoundland, Canada. In addition, it holds interest in the Black Ridge Gold Project and the Bauline Epithermal Gold Project located in Newfoundland, Canada. The company is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 01:58|
|End of Day Share Price||2020/04/02 00:00|
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.