Newlox Gold Ventures (LUX) AI Stock Analysis

• Market Cap: C$7.81M
• Dividend Yield: N/A
• Average Volume (3M): 177.46K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.49
• Revenue Growth: -58.04%
• EPS Growth: -71.29%
• Country: CA
• Employees: N/A
• Sector: Industrials
• Sector Strength: 70
• Industry: Waste Management
• EPS (TTM): -0.03
• Shares Outstanding: 156,149,610
• 10 Day Avg. Volume: 532,365
• 30 Day Avg. Volume: 177,455
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• 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

Newlox Gold Ventures is struggling financially, reflected in its low financial performance score due to ongoing losses and liquidity issues. Technical analysis indicates a lack of momentum and an oversold condition, while poor valuation metrics further constrain its appeal. The recent corporate event of debt reduction is a positive step towards stability, but overall, the company needs substantial strategic changes to improve its financial health and investor confidence.

Newlox Gold Ventures Business Overview & Revenue Model

Company Description

Newlox Gold Ventures (LUX) is a mining and precious metals company engaged in the recovery of residual precious metals from historical waste. It operates in the environmental remediation sector, focusing on extracting gold and other valuable metals from mining waste materials. The company aims to provide an environmentally-friendly and socially responsible solution to gold production by reclaiming metals from previously overlooked sources.

How the Company Makes Money

Newlox Gold Ventures makes money primarily through the recovery and sale of gold and other precious metals extracted from historical mining waste. The company's revenue streams include the production and sale of refined gold, which is achieved through its proprietary extraction process. Key factors contributing to its earnings include its ability to efficiently extract metals from waste materials, strategic partnerships with local mining operators, and its commitment to sustainable and responsible mining practices. By focusing on low-cost, high-margin recovery operations, Newlox maximizes its profitability while contributing to environmental cleanup efforts.

Newlox Gold Ventures Financial Statement Overview

Summary

Newlox Gold Ventures is facing significant financial difficulties across all major financial statements. The income statement, balance sheet, and cash flow analyses indicate declining revenues, negative profitability, and high leverage, placing the company in a precarious financial position. Immediate strategic actions are needed.

Income Statement

The income statement reveals severe financial challenges for Newlox Gold Ventures. The company has experienced declining revenues with a significant drop from 2023 to TTM. Gross profit margin is negative, indicating that production costs exceed revenues. Net profit margins are also deeply negative, showing consistent net losses. Revenue growth is not just stagnant but declining, exacerbating financial instability.

Balance Sheet

The balance sheet shows a highly leveraged position with a debt-to-equity ratio that is unfavorable due to a very low equity base. Stockholders' equity has drastically decreased, compromising the company's financial stability. Return on equity is negative due to continuous losses. Equity ratio is extremely low, indicating high reliance on debt financing.

Cash Flow

Cash flow analysis highlights severe financial strain, with negative operating and free cash flows indicating an inability to generate cash from operations. Free cash flow growth is negative, reflecting worsening cash generation capability. The operating cash flow to net income ratio is also negative, further underscoring financial distress.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
1.80M	2.79M	3.47M	2.08M	242.73K	486.60K
	Gross Profit
-78.72K	930.95K	1.75M	1.34M	-69.75K	-49.76K
	EBIT
-747.64K	0.00	-741.40K	-1.14M	-2.48M	-871.71K
	EBITDA
-3.12M	-2.23M	-944.75K	-1.01M	-2.99M	-589.80K
	Net Income Common Stockholders
-5.58M	-4.20M	-2.27M	-1.86M	-3.46M	-894.12K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
23.35K	283.98K	698.83K	3.51M	2.95M	5.88K
	Total Assets
389.27K	8.16M	7.24M	6.16M	3.58M	213.02K
	Total Debt
105.04K	3.68M	2.43M	2.43M	3.34M	0.00
	Net Debt
81.69K	3.40M	1.73M	-1.08M	384.80K	-5.88K
	Total Liabilities
797.82K	6.32M	3.44M	3.08M	3.92M	1.47M
	Stockholders Equity
-408.55K	1.85M	3.80M	3.08M	-336.10K	-1.25M
Cash Flow		Free Cash Flow
-1.70M	-2.20M	-2.91M	-3.24M	-1.81M	-238.88K
	Operating Cash Flow
-642.47K	-222.77K	-302.87K	-841.41K	-1.27M	-88.66K
	Investing Cash Flow
-1.71M	-2.62M	-2.90M	-2.47M	-580.77K	-150.22K
	Financing Cash Flow
2.02M	2.43M	364.32K	3.89M	4.80M	231.24K

Newlox Gold Ventures Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LUX, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 25.68 is Positive, neither overbought nor oversold. The STOCH value of 13.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LUX.

Newlox Gold Ventures Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WDO	78 Outperform	C$2.53B	18.62	27.15%	―	67.54%	―
AGI	77 Outperform	$16.46B	41.03	8.74%	0.35%	33.75%	32.86%
EDV	73 Outperform	C$9.08B	―	-9.94%	3.63%	22.47%	-791.36%
OR	70 Outperform	$6.03B	270.90	1.33%	0.80%	6.02%	―
BTO	66 Neutral	$5.90B	―	-18.54%	4.46%	-0.18%	-2195.85%
Sector *	63 Neutral	$4.28B	11.33	5.43%	214.88%	4.12%	-8.65%
LUX	36 Underperform	C$7.81M	―	-336.15%	―	-58.04%	-71.29%

Newlox Gold Ventures Corporate Events

Newlox Gold Ventures Reports Operational Update and Strategic Focus

Newlox Gold Ventures Corp has reported stable gold recovery operations in Costa Rica, with a recent cycle producing 943.04 grams of pure gold. Despite operational success, the company faces a working capital deficiency due to a revoked cease trade order, limiting its ability to finance and expand throughput. Management plans to focus on improving production in Costa Rica, leveraging strong gold prices to enhance productivity. The company’s long-term strategy involves expanding its environmentally and socially responsible business model across Latin America, aiming to deliver economic benefits while contributing to environmental clean-up efforts.

Spark’s Take on TSE:LUX Stock

According to Spark, TipRanks’ AI Analyst, TSE:LUX is a Underperform.

Newlox Gold Ventures is struggling financially, with significant losses and liquidity issues that heavily influence its stock score. The company’s technical indicators show a lack of clear momentum, and its poor valuation metrics, including a negative P/E ratio and absence of dividend yield, further constrain its appeal. Strategic measures are necessary to improve financial stability and investor confidence.

To see Spark’s full report on TSE:LUX stock, click here.

Newlox Gold Ventures Resumes Trading and Reduces Debt

Newlox Gold Ventures Corp. has announced the resumption of trading on the Canadian Securities Exchange and a significant debt reduction by converting debentures into common shares, which will decrease interest costs by nearly $211,000 annually. This strategic move not only restores liquidity for shareholders but also positions the company to pursue further development initiatives, enhancing its operational and financial stability.

Spark’s Take on TSE:LUX Stock

According to Spark, TipRanks’ AI Analyst, TSE:LUX is a Underperform.

Newlox Gold Ventures is struggling financially, with significant losses and liquidity issues that heavily influence its stock score. The company’s technical indicators show a lack of clear momentum, and its poor valuation metrics, including a negative P/E ratio and absence of dividend yield, further constrain its appeal. Strategic measures are necessary to improve financial stability and investor confidence.

To see Spark’s full report on TSE:LUX stock, click here.