Nexus Gold Corp Stock Net Asset
| NXS Stock | CAD 0.01 0.01 200.00% |
Nexus Gold Corp fundamentals help investors to digest information that contributes to Nexus Gold's financial success or failures. It also enables traders to predict the movement of Nexus Stock. The fundamental analysis module provides a way to measure Nexus Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nexus Gold stock.
Nexus | Net Asset |
Nexus Gold Corp Company Net Asset Analysis
Nexus Gold's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Nexus Gold Net Asset | 1.56 M |
Most of Nexus Gold's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexus Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nexus Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Nexus Gold is extremely important. It helps to project a fair market value of Nexus Stock properly, considering its historical fundamentals such as Net Asset. Since Nexus Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nexus Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nexus Gold's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Nexus Total Assets
Total Assets |
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Based on the recorded statements, Nexus Gold Corp has a Net Asset of 1.56 M. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all Canada stocks is notably lower than that of the firm.
Nexus Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexus Gold's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexus Gold could also be used in its relative valuation, which is a method of valuing Nexus Gold by comparing valuation metrics of similar companies.Nexus Gold is currently under evaluation in net asset category among its peers.
Nexus Fundamentals
| Return On Equity | -13.07 | ||||
| Return On Asset | -0.18 | ||||
| Current Valuation | 1.23 M | ||||
| Shares Outstanding | 48.07 M | ||||
| Shares Owned By Insiders | 0.73 % | ||||
| Number Of Shares Shorted | 43 | ||||
| Price To Earning | (1.70) X | ||||
| Price To Book | 249.89 X | ||||
| Gross Profit | (75.77 K) | ||||
| EBITDA | (887.92 K) | ||||
| Net Income | (1.12 M) | ||||
| Cash And Equivalents | 712.89 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 707.56 K | ||||
| Debt To Equity | 4.40 % | ||||
| Current Ratio | 2.23 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (467.62 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 0.69 | ||||
| Market Capitalization | 721.08 K | ||||
| Total Asset | 1.56 M | ||||
| Retained Earnings | (31.88 M) | ||||
| Working Capital | (2.09 M) | ||||
| Net Asset | 1.56 M |
About Nexus Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nexus Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexus Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexus Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Nexus Stock Analysis
When running Nexus Gold's price analysis, check to measure Nexus Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexus Gold is operating at the current time. Most of Nexus Gold's value examination focuses on studying past and present price action to predict the probability of Nexus Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexus Gold's price. Additionally, you may evaluate how the addition of Nexus Gold to your portfolios can decrease your overall portfolio volatility.