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Nuinsco Resources (TSE:NWI)
:NWI

Nuinsco Resources (NWI) AI Stock Analysis

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Nuinsco Resources

(OTC:NWI)

Rating:24Underperform
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 (NWI) vs. iShares MSCI Canada ETF (EWC)

Nuinsco Resources Business Overview & Revenue Model

Company DescriptionNuinsco 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 MoneyNuinsco 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
10
Very Negative
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
5
Very Negative
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
15
Very Negative
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
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
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 SheetCash, Cash Equivalents and Short-Term Investments
36.93K56.03K120.36K144.01K60.14K104.00K
Total Assets
874.08K791.75K1.69M1.84M1.32M1.07M
Total Debt
60.00K60.00K53.78K48.20K48.20K0.00
Net Debt
48.19K3.97K-66.58K-95.81K-11.94K-104.00K
Total Liabilities
3.17M2.97M2.80M2.40M2.23M1.66M
Stockholders Equity
-2.29M-2.18M-1.11M-553.41K-912.88K-593.69K
Cash FlowFree 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
-68.35K255.79K-55.16K-1.13M-215.95K-262.73K
Financing Cash Flow
25.00K114.48K62.00K1.30M238.07K174.50K

Nuinsco Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSSKE
52
Neutral
C$2.22B-137.38%-19.29%
51
Neutral
$2.04B-1.15-21.24%3.95%2.91%-30.44%
TSTLO
48
Neutral
C$206.59M-1.18%7.41%
TSNGC
44
Neutral
C$10.71M-329.25%31.19%-46.99%
TSBMK
37
Underperform
$4.15M25.02%84.51%
TSNWI
24
Underperform
C$3.02M
-21.43%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:NWI
Nuinsco Resources
0.01
0.00
0.00%
TSE:NGC
Northern Graphite
0.08
-0.05
-38.46%
TSE:BMK
Macdonald Mines Exploration
0.08
0.04
100.00%
TSE:SKE
Skeena Resources
18.99
12.78
205.80%
TSE:TLO
Talon Metals
0.22
0.06
37.50%

Nuinsco Resources Corporate Events

Nuinsco Resources Secures Funding for Mineral Project
Jan 2, 2025

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
Dec 11, 2024

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
Nov 13, 2024

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.