Nuinsco Resources (NWI) AI Stock Analysis

• Market Cap: C$3.02M
• Dividend Yield: N/A
• Average Volume (3M): 610.97K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.81
• Revenue Growth: N/A
• EPS Growth: -21.43%
• Country: CA
• Employees: 8
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 604,280,500
• 10 Day Avg. Volume: 610,968
• 30 Day Avg. Volume: 610,968
• PEG Ratio: 0.05
• Price to Book (P/B): -2.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 24 Underperform
• Price Target: ―

Nuinsco Resources' score reflects significant financial instability and lack of market activity. The company's negative equity and profitability issues severely impact its financial health. The absence of key technical indicators and a negative P/E ratio further contribute to a low score.

Nuinsco Resources Business Overview & Revenue Model

Company Description

Nuinsco Resources Limited acquires, explores for, and evaluates properties for precious and base metals. The company primarily explores for gold, phosphate, niobium, tantalum, uranium, lithium, rubidium, rare earth elements, and other elements and compounds. It owns 100% interests in the Prairie Lake project that consists of 46 mining claims covering an area of 608 hectares located near Marathon, Ontario; and the Sunbeam gold property, which comprises 110 unpatented mining claims that covers an area of 48.8 square kilometers located to the town of northeast of Atikokan, Ontario. The company also holds an interest in the El Sid gold project located in the Eastern Desert of Egypt. In addition, it holds an option to acquire a 100% interest in the Dash lake project located in Fort Francis, Ontario; and Zig Zag lake project located in Armstrong, Ontario. Nuinsco Resources Limited is based in Toronto, Canada.

How the Company Makes Money

Nuinsco Resources generates revenue primarily through the exploration and subsequent development of mineral properties. The company's main revenue streams are derived from the sale of mineral rights, joint venture agreements, and potential future mining operations. By securing and advancing highly prospective mineral assets, Nuinsco seeks to enhance their value and attract partnerships or investors interested in developing these assets into fully operational mines. Additionally, the company may generate income through strategic alliances and option agreements with other mining entities, which can include upfront payments, milestone-based payments, and royalties. Nuinsco's earnings can also be influenced by factors such as commodity prices, exploration success, and the ability to secure financing for project development.

Nuinsco Resources Financial Statement Overview

Summary

Nuinsco Resources faces severe financial challenges, including negative profitability, significant liabilities, and poor cash flow performance. The absence of revenue generation and negative equity are critical concerns.

Income Statement

Nuinsco Resources shows consistent negative profitability with no revenue generation. The company reported substantial negative EBIT and net income margins due to the absence of total revenue, indicating a significant challenge in generating positive operating results. The lack of revenue growth further underscores the company's financial difficulties.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, indicating financial instability and potential insolvency risks. A concerning debt-to-equity ratio due to the negative equity and high liabilities relative to assets heightens the financial risk profile, with total liabilities significantly exceeding total assets.

Cash Flow

Nuinsco Resources has consistently negative free cash flow, although recent improvements in operating cash flow are noted. The company struggles with cash flow sustainability, as evidenced by negative free cash flow growth and low cash reserves. The operating cash flow to net income ratio suggests some operational cash generation despite net losses.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-240.00	-530.00	-20.94K	-856.00	-4.87K	-6.03K
	EBIT
-422.10K	-1.36M	-679.15K	-2.39M	-572.92K	-664.18K
	EBITDA
-1.05M	-1.24M	-639.51K	-2.32M	-581.72K	-660.23K
	Net Income Common Stockholders
-1.02M	-1.24M	-794.30K	-3.11M	-608.00K	-657.97K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
36.93K	56.03K	120.36K	144.01K	60.14K	104.00K
	Total Assets
874.08K	791.75K	1.69M	1.84M	1.32M	1.07M
	Total Debt
60.00K	60.00K	53.78K	48.20K	48.20K	0.00
	Net Debt
48.19K	3.97K	-66.58K	-95.81K	-11.94K	-104.00K
	Total Liabilities
3.17M	2.97M	2.80M	2.40M	2.23M	1.66M
	Stockholders Equity
-2.29M	-2.18M	-1.11M	-553.41K	-912.88K	-593.69K
Cash Flow		Free Cash Flow
-87.55K	-622.74K	-485.65K	-1.22M	-281.93K	-465.34K
	Operating Cash Flow
9.73K	-434.60K	-30.49K	-86.05K	-65.97K	-196.27K
	Investing Cash Flow
-68.35K	255.79K	-55.16K	-1.13M	-215.95K	-262.73K
	Financing Cash Flow
25.00K	114.48K	62.00K	1.30M	238.07K	174.50K

Nuinsco Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKE	52 Neutral	C$2.22B	―	-137.38%	―	―	-19.29%
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
TLO	48 Neutral	C$206.59M	―	-1.18%	―	―	7.41%
NGC	44 Neutral	C$10.71M	―	-329.25%	―	31.19%	-46.99%
BMK	37 Underperform	$4.15M	―	25.02%	―	―	84.51%
NWI	24 Underperform	C$3.02M	―		―	―	-21.43%

Nuinsco Resources Corporate Events

Nuinsco Resources Secures Funding for Mineral Project

Nuinsco Resources Limited has successfully closed a private placement, raising $40,500 through the issuance of flow-through common shares. The funds will be used to advance their Prairie Lake critical metals project in Ontario. This move is part of Nuinsco’s ongoing efforts to develop its diversified mineral exploration portfolio.

Nuinsco Resources Announces Strategic Share Placement

Nuinsco Resources has announced a private placement aiming to issue up to 100 million shares to support its Prairie Lake critical minerals project in Ontario. The project, which hosts significant mineral resources, is strategically positioned with excellent logistical infrastructure. The funding will aid in advancing the project and potentially boost the company’s growth in the critical minerals sector.

Nuinsco Explores Niobium Potential at Prairie Lake

Nuinsco Resources, in collaboration with McGill University, has highlighted the economic potential of niobium at its Prairie Lake project, with significant surface mineralization that could position it as a major North American supplier. The presence of niobium alongside phosphate and rare earth elements promises an enhanced economic outlook by incorporating multiple commodities into resource modeling.