Nexus Gold Corp (TSE:NXS)
:NXS
Top Page
Nexus Gold
(NXS)
Select Model
Select Model
Rating:50Neutral
Price Target:
C$0.44
▲(57.14% Upside)
Action:ReiteratedDate:01/21/26
The score is held back mainly by weak financial fundamentals (no revenue, negative equity, and persistent cash burn). Technicals are supportive due to a strong trend above moving averages, but overbought indicators add near-term risk. Valuation appears low on P/E, though its signal quality is limited by the company’s operating profile.
Positive Factors
Gold-focused exploration business
Nexus operates a pure-play gold exploration model, which offers long-term optionality: discoveries can scale value non-linearly while capital intensity remains staged. Structural demand for gold and the optional upside of exploration align incentives for value-creating drilling campaigns over months to years.
Negative Factors
No revenue and persistent operating losses
The company generates no operating revenue and reports persistent operating losses, meaning it cannot self-fund exploration or growth from internal cash generation. Long-term project advancement therefore hinges on successful financing or a material discovery that converts exploration into development-stage economics.
Read all positive and negative factors
Positive Factors
Negative Factors
Gold-focused exploration business
Nexus operates a pure-play gold exploration model, which offers long-term optionality: discoveries can scale value non-linearly while capital intensity remains staged. Structural demand for gold and the optional upside of exploration align incentives for value-creating drilling campaigns over months to years.
Read all positive factors
Nexus Gold (NXS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$6.96M
Dividend YieldN/A
Average Volume (3M)35.14K
Price to Earnings (P/E)―
Beta (1Y)1.47
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees7
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.03
Shares Outstanding24,005,125
10 Day Avg. Volume18,954
30 Day Avg. Volume35,143
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-0.60
Price to Sales (P/S)0.00
P/FCF Ratio-5.89
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nexus Gold Business Overview & Revenue Model
Company Description
Nexus Gold Corp. engages in the exploration and evaluation of mineral properties in West Africa and Canada. The company explores for gold, silver, manganese, bauxite, copper, nickel, lead, zinc, and limestone/marble deposits. Its flagship property...
How the Company Makes Money
Nexus Gold generates revenue primarily through the exploration and development of mineral resource properties. The company earns money by discovering and advancing gold and mineral deposits, which can be monetized through various means such as sel...
Nexus Gold Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
14
Very Negative
Cash Flow
22
Negative
| Breakdown | TTM | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -47.95K | -15.59K | -60.13K | -4.00K | -4.00K | -4.00K |
| EBITDA | 190.54K | -179.06K | -875.04K | -1.72M | -3.45M | -5.09M |
| Net Income | 126.39K | -229.95K | -1.12M | -2.35M | -3.70M | -5.13M |
Balance Sheet | ||||||
| Total Assets | 1.34M | 1.30M | 1.56M | 1.89M | 7.17M | 7.03M |
| Cash, Cash Equivalents and Short-Term Investments | 26.51K | 9.96K | 47.06K | 75.11K | 139.35K | 2.20M |
| Total Debt | 1.16M | 1.39M | 707.56K | 709.83K | 353.40K | 98.38K |
| Total Liabilities | 1.50M | 2.07M | 2.20M | 1.89M | 625.64K | 501.18K |
| Stockholders Equity | -154.54K | -775.21K | -635.25K | 5.03K | 6.55M | 6.53M |
Cash Flow | ||||||
| Free Cash Flow | -572.35K | -79.38K | -499.88K | -694.23K | -5.50M | -5.53M |
| Operating Cash Flow | -572.36K | -79.38K | -499.88K | -381.32K | -3.47M | -4.47M |
| Investing Cash Flow | -10.00K | 0.00 | -33.07K | -112.92K | -1.93M | -890.56K |
| Financing Cash Flow | 603.06K | 64.72K | 509.90K | 385.00K | 3.34M | 6.37M |
Nexus Gold Technical Analysis
Negative
0.28
Price Trends
0.36
Negative
0.29
Negative
0.29
Negative
Market Momentum
-0.02
Positive
36.45
Neutral
3.92
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NXS, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.36, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 36.45 is Neutral, neither overbought nor oversold. The STOCH value of 3.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NXS.
Nexus Gold Peers Comparison
UnderperformOutperform
Sector (61)
TSE:NXS
Nexus Gold
0.29
0.04
16.00%
TSE:CAND.H
Candelaria Mining
0.03
0.02
150.00%
TSE:AIS
AIS Resources
0.08
0.02
50.00%
TSE:AORO
Aloro Mining
0.02
<0.01
50.00%
TSE:HARD
Hardcore Discoveries
0.05
-0.11
-70.00%
TSE:FWM
Flow Metals Corp
0.16
0.10
146.15%
Nexus Gold Corporate Events
Business Operations and StrategyPrivate Placements and FinancingStock Split
Nexus Gold Recapitalizes and Targets Colombian Gold Opportunities
Positive
Mar 3, 2026
Nexus Gold Corp. has completed a share consolidation, private placement financing, and debt settlement, leaving the company recapitalized and debt-free with 24,005,125 common shares issued and outstanding, or 36,120,634 on a fully diluted basis. W...
Business Operations and StrategyPrivate Placements and Financing
Nexus Gold Wipes Nearly $1 Million in Debt via Equity Settlement
Positive
Feb 27, 2026
Nexus Gold Corp. has completed a debt settlement with certain creditors, converting $996,429 of outstanding liabilities into 9,489,800 units priced at $0.105 per unit, each consisting of one common share and half a warrant. The warrants allow hold...
Business Operations and StrategyPrivate Placements and Financing
Nexus Gold Raises $1.1 Million in Private Placement, Boosting Insider Stake and Exploration Plans
Positive
Dec 24, 2025
Nexus Gold Corp. has closed a non-brokered private placement, issuing 10,500,452 units at $0.105 per unit for gross proceeds of approximately $1.1 million, with each unit comprising one common share and one-half warrant exercisable at $0.20 until ...
Business Operations and StrategyPrivate Placements and Financing
Nexus Gold Launches $1.1 Million Private Placement to Fund New Gold Assets
Positive
Dec 22, 2025
Nexus Gold Corp. has announced a non-brokered private placement of up to 10.5 million units at $0.105 per unit, for potential gross proceeds of approximately $1.1 million, with each unit comprising one common share and half a warrant exercisable a...
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.