Nexus Gold (NXS) AI Stock Analysis

• Market Cap: C$480.72K
• Dividend Yield: N/A
• Average Volume (3M): 60.24K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: N/A
• EPS Growth: 85.28%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 72
• Industry: Mining
• EPS (TTM): >-0.01
• Shares Outstanding: 48,072,075
• 10 Day Avg. Volume: 68,361
• 30 Day Avg. Volume: 60,236
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -14.60
• 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

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.

Nexus Gold Business Overview & Revenue Model

Company Description

Nexus Gold Corp (NXS) is a mineral exploration company primarily focused on the acquisition and development of precious metal resource properties in North America and West Africa. The company's core activities involve exploring and developing gold and other mineral deposits, aiming to identify and expand valuable resource opportunities to enhance shareholder value.

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	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
6.80K	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-16.59K	-60.13K	-4.00K	-4.00K	-4.00K	-2.00K
	EBIT
-326.08K	-875.04K	-1.75M	-3.41M	-3.97M	-2.91M
	EBITDA
-302.27K	-875.04K	-1.72M	-3.45M	-5.09M	-5.28M
	Net Income Common Stockholders
-359.54K	-1.12M	-2.35M	-3.70M	-5.13M	-5.29M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.68K	47.06K	75.11K	139.35K	2.20M	1.19M
	Total Assets
1.47M	1.56M	1.89M	7.17M	7.03M	5.19M
	Total Debt
515.00K	707.56K	709.83K	353.40K	98.38K	120.74K
	Net Debt
509.17K	700.50K	679.71K	214.05K	-2.10M	-1.07M
	Total Liabilities
2.12M	2.20M	1.89M	625.64K	501.18K	905.03K
	Stockholders Equity
-651.95K	-635.25K	5.03K	6.55M	6.53M	4.28M
Cash Flow		Free Cash Flow
-94.20K	-499.88K	-694.23K	-5.50M	-5.53M	-3.31M
	Operating Cash Flow
-99.33K	-499.88K	-381.32K	-3.47M	-4.47M	-2.32M
	Investing Cash Flow
7.63K	-33.07K	-112.92K	-1.93M	-890.56K	-994.17K
	Financing Cash Flow
42.12K	509.90K	385.00K	3.34M	6.37M	4.08M

Nexus Gold Technical Analysis

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

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 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.55 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, 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
AGI	80 Outperform	$14.53B	36.21	8.74%	0.42%	33.75%	32.86%
WDO	79 Outperform	C$2.24B	28.03	17.33%	―	56.15%	―
Sector *	61 Neutral	$4.76B	18.86	-2.89%	8.05%	6.45%	-20.33%
OR	56 Neutral	C$5.13B	229.60	1.33%	0.98%	1.62%	-232.31%
BTO	54 Neutral	$5.14B	―	-18.54%	5.95%	-4.17%	-318.18%
NXS	39 Underperform	C$480.72K	―	55.15%	―	―	85.28%

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.