Nexus Gold (NXS) AI Stock Analysis

• Market Cap: C$1.00M
• Dividend Yield: N/A
• Average Volume (3M): 289.69K
• Price to Earnings (P/E): 3.3
• Beta (1Y): 2.25
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 100,372,060
• 10 Day Avg. Volume: 594,863
• 30 Day Avg. Volume: 289,693
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 39 Underperform
• Price Target: ―

Nexus Gold's overall score reflects significant financial challenges, including operational losses, high leverage, and negative equity. Technical indicators are mixed, showing some neutral to negative momentum, while valuation metrics highlight ongoing financial struggles. The lack of earnings call insights or notable corporate events further emphasizes the need for caution.

Positive Factors

Strategic Partnerships

Strategic partnerships can provide Nexus Gold with necessary funding and expertise, enhancing its ability to explore and develop mineral resources efficiently.

Market Focus

Focusing on resource-rich regions like North America and West Africa positions Nexus Gold to capitalize on high-value mineral deposits, potentially increasing long-term resource value.

Revenue Generation Model

Nexus Gold's model of monetizing mineral discoveries through sales, joint ventures, or partnerships offers multiple revenue streams, enhancing financial flexibility and growth potential.

Negative Factors

Operational Losses

Persistent operational losses indicate inefficiencies and a lack of profitability, challenging Nexus Gold's ability to sustain operations and invest in growth opportunities.

Negative Cash Flow

Negative cash flow reflects poor cash generation, which can strain Nexus Gold's operations and limit its ability to fund new projects or weather financial downturns.

High Leverage

High leverage and negative equity indicate financial instability, limiting Nexus Gold's ability to invest in exploration and development, potentially hindering growth.

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 include the McKenzie Gold Project covering an area of approximately 1,348 hectares located in Red Lake, Ontario. The company was incorporated in 2009 and is headquartered in Vancouver, Canada.

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 selling stakes in its projects, entering joint ventures, or ultimately selling the developed properties to larger mining companies. Revenue streams also include strategic partnerships with other mining companies and investors who might provide funding in exchange for equity or future royalties. Additionally, the company might pursue financing options such as issuing shares or securing loans to support its exploration activities.

Nexus Gold Financial Statement Overview

Summary

Nexus Gold faces significant financial challenges across all statements. The persistent losses, negative equity, and poor cash flows signal a precarious financial position. High leverage and inadequate revenue generation are key risks, and the company needs to address operational inefficiencies to improve its financial health.

Income Statement

The company's income statement reveals significant challenges, with the TTM showing negative gross profit, EBIT, EBITDA, and net income, reflecting persistent operational losses. The revenue growth is stagnant, indicating a struggle to generate sales. Margins are deeply negative, highlighting inefficiency and lack of profitability.

Balance Sheet

The balance sheet shows high leverage and negative stockholders' equity, which is concerning. The debt-to-equity ratio is not calculable due to negative equity, but the total debt is substantial relative to assets. The equity ratio is negative, implying a risky financial structure with liabilities exceeding assets.

Cash Flow

Cash flow analysis indicates negative operating and free cash flow, suggesting poor cash generation capability. The operating cash flow to net income ratio is not favorable, as both metrics are negative. However, there is some positive financing cash flow, which may provide short-term liquidity support.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.80K	0.00	0.00	0.00	0.00	0.00
Gross Profit	-1.00K	-15.59K	-60.13K	-4.00K	-4.00K	-4.00K
EBITDA	315.37K	-179.06K	-875.04K	-1.72M	-3.45M	-5.09M
Net Income	281.86K	-229.95K	-1.12M	-2.35M	-3.70M	-5.13M
Balance Sheet
Total Assets	1.66M	1.30M	1.56M	1.89M	7.17M	7.03M
Cash, Cash Equivalents and Short-Term Investments	327.58K	9.96K	47.06K	75.11K	139.35K	2.20M
Total Debt	1.01M	1.39M	707.56K	709.83K	353.40K	98.38K
Total Liabilities	1.55M	2.07M	2.20M	1.89M	625.64K	501.18K
Stockholders Equity	106.02K	-775.21K	-635.25K	5.03K	6.55M	6.53M
Cash Flow
Free Cash Flow	-317.03K	-79.38K	-499.88K	-694.23K	-5.50M	-5.53M
Operating Cash Flow	-317.03K	-79.38K	-499.88K	-381.32K	-3.47M	-4.47M
Investing Cash Flow	420.00K	0.00	-33.07K	-112.92K	-1.93M	-890.56K
Financing Cash Flow	213.74K	64.72K	509.90K	385.00K	3.34M	6.37M

Nexus Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.44 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NXS.

Nexus Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.48B	7.52	-0.05%	2.87%	2.87%	-36.73%
NXS	39 Underperform	C$1.00M	3.33	55.15%	―	―	―
KLM	31 Underperform	C$456.21K	―	-182.40%	―	―	35.00%
GRXXF	―	$406.07K	―	-22.20%	―	―	―
JNCCD	―	$313.78K	―		―	―	―
GRYCF	―	$254.35K	―		―	―	―
GMR	24 Underperform	C$1.18M	―	-387.55%	―	―	93.50%

Nexus Gold Corporate Events

Nexus Gold Announces Leadership and Debt Settlement

Nexus Gold Corp. has announced significant changes in its leadership, appointing Edward Kelly as CEO and Kevin Hart as CFO, both of whom will also join the board of directors. Additionally, the company has settled a debt of $515,000 with Belgravia Hartford Capital by issuing shares and warrants. These strategic moves are expected to stabilize the company and enhance its financial standing.