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NGEx Minerals
(TSX:NGEX)
NGEx Minerals (NGEX) vs. iShares MSCI Canada ETF (EWC)
NGEx Minerals Business Overview & Revenue Model
NGEx Minerals Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -34.31K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -111.47M | -77.00K | -37.63M | -32.35M | -5.45M | -5.86M |
| Net Income | -111.62M | -63.60K | -37.72M | -32.42M | -5.46M | -5.89M |
Balance Sheet | ||||||
| Total Assets | 142.95M | 208.56M | 81.29M | 32.31M | 25.73M | 5.38M |
| Cash, Cash Equivalents and Short-Term Investments | 132.19M | 198.55M | 74.73M | 23.25M | 21.00M | 898.82K |
| Total Debt | 923.83K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 11.62M | 13.53M | 7.82M | 8.30M | 2.35M | 936.49K |
| Stockholders Equity | 131.33M | 195.03M | 73.47M | 24.01M | 23.38M | 4.44M |
Cash Flow | ||||||
| Free Cash Flow | -81.36M | -48.66M | -27.41M | -27.28M | -4.15M | -4.42M |
| Operating Cash Flow | -81.77M | -46.17M | -27.09M | -27.16M | -4.03M | -4.29M |
| Investing Cash Flow | -45.00M | -32.29M | -15.32M | -126.22K | -125.76K | ― |
| Financing Cash Flow | 172.53M | 173.63M | 84.71M | 29.83M | 24.36M | -5.96K |
NGEx Minerals Technical Analysis
NGEx Minerals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | C$1.53B | 9.12 | 33.87% | 9.17% | 34.89% | 67.31% | |
81 Outperform | C$2.00B | 5.53 | 53.36% | 0.94% | -0.76% | 2549.18% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$3.01B | -130.05 | -2.00% | ― | ― | -103.83% | |
53 Neutral | C$6.23B | -50.71 | -122.57% | ― | ― | -122.31% | |
53 Neutral | C$4.21B | -33.11 | -131.76% | ― | ― | 44.04% | |
46 Neutral | $2.45B | -43.91 | -35.25% | ― | -11.65% | 34.89% |
NGEx Minerals Corporate Events
NGEx Minerals has announced that its royalty spinout, LunR Royalties Corp., has received final approval to list its common shares on the TSX Venture Exchange, with trading set to begin on December 19, 2025 under the symbol “LUNR.” The listing marks a key milestone in the October 2025 spinout transaction, after which NGEx retained 13,370,107 LunR Royalties shares, giving NGEx shareholders continued indirect exposure to LunR’s emerging royalty and streaming business while allowing NGEx to maintain strategic financial interest outside its core South American exploration assets.
The most recent analyst rating on (TSE:NGEX) stock is a Buy with a C$29.00 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.
NGEx Minerals Ltd. has announced notable drill results from the 100%-owned Lunahuasi copper-gold-silver project in Argentina, showcasing high copper-equivalent grades that expand the Saturn Zone and affirm its high-grade mineral continuity. The Phase 4 program is progressing ahead of schedule, with over 10,000 meters drilled, and is positioned to enhance the company’s resource base while potentially strengthening its market positioning in the competitive mining industry.
The most recent analyst rating on (TSE:NGEX) stock is a Buy with a C$29.00 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.
NGEx Minerals Ltd. has reported its Q3 2025 results, highlighting the launch of its Phase 4 drill program at the Lunahuasi project in Argentina, following a successful Phase 3 campaign. The company has also completed a C$175 million oversubscribed private placement, which strengthens its financial position and supports further exploration activities. Additionally, NGEx Minerals has spun out an 80.1% ownership interest in LunR Royalties Corp. to its shareholders, which holds royalties on the company’s projects in Chile and Argentina. These developments position NGEx Minerals to expand its exploration efforts and potentially enhance its value creation through successful mineral discoveries.
The most recent analyst rating on (TSE:NGEX) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.
NGEx Minerals has initiated its Phase 4 drill program at the Lunahuasi property in Argentina, following a successful Phase 3 program that revealed high-grade copper, gold, and silver intercepts. The new program aims to further explore the four identified mineralization styles and expand the deposit’s boundaries, with a planned 25,000 meters of diamond drilling. The company is well-funded following a C$175 million private placement, positioning it to potentially expand the program if warranted.
The most recent analyst rating on (TSE:NGEX) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.
NGEx Minerals Ltd. has successfully completed the spin-out of its net smelter returns royalties on the Lunahuasi and Los Helados Projects to LunR Royalties Corp. This strategic move, executed through a statutory plan of arrangement, allows NGEx shareholders to receive new shares in both NGEx and LunR Royalties, enhancing shareholder value and potentially improving market positioning. The transaction results in NGEx holding a 19.9% ownership in LunR Royalties, with the remaining shares distributed to NGEx shareholders, indicating a strategic realignment that could impact stakeholder interests positively.
The most recent analyst rating on (TSE:NGEX) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.
NGEx Minerals Ltd. has announced the expected closing date for its spin-out transaction, which will see the creation of LunR Royalties Corp., a wholly-owned subsidiary managing net smelter returns royalties from the Lunahuasi and Los Helados Projects. This strategic move, expected to be completed on October 23, 2025, aims to distribute shares of LunR Royalties to existing NGEx shareholders, enhancing shareholder value without altering their current holdings in NGEx. The arrangement also includes the appointment of a new board for LunR Royalties, featuring industry leaders such as Adam Lundin and Jamie Beck, the latter known for his significant contributions to the Lundin Group, including a major acquisition deal with BHP Investments Canada Inc. This development is poised to strengthen NGEx’s position in the mining sector and potentially increase returns for its stakeholders.
The most recent analyst rating on (TSE:NGEX) stock is a Hold with a C$27.00 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.
NGEx Minerals Ltd. has successfully closed a non-brokered private placement, raising C$175 million due to high investor demand. This funding will support the company’s exploration programs at the Lunahuasi project in Argentina and the Los Helados project in Chile, as well as general corporate purposes. Additionally, NGEx is proceeding with a spin-out of net smelter returns royalties into a new subsidiary, LunR Royalties Corp., which will distribute shares to existing shareholders. This strategic move is expected to enhance the company’s operational focus and provide additional value to stakeholders.
The most recent analyst rating on (TSE:NGEX) stock is a Hold with a C$27.00 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.
NGEx Minerals Ltd. has successfully closed a C$175 million private placement, which was oversubscribed due to strong investor interest, including participation from institutional investors and the Lundin Family Trusts. The funds will be used to further exploration at the Lunahuasi project in Argentina, support the Los Helados project in Chile, and for general corporate purposes. Additionally, NGEx is proceeding with a spin-out of net smelter returns royalties on its projects into a new subsidiary, LunR Royalties Corp., with the arrangement expected to complete in the fourth quarter of 2025.
The most recent analyst rating on (TSE:NGEX) stock is a Hold with a C$27.00 price target. To see the full list of analyst forecasts on NGEx Minerals stock, see the TSE:NGEX Stock Forecast page.