Nexgold Mining Corp Stock Performance
| NEXG Stock | 0.70 0.01 1.45% |
NeXGold Mining has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NeXGold Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding NeXGold Mining is expected to be smaller as well. NeXGold Mining Corp right now secures a risk of 3.48%. Please verify NeXGold Mining Corp skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if NeXGold Mining Corp will be following its current price movements.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in NeXGold Mining Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, NeXGold Mining may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
Last Split Factor 1:4 | Dividend Date 2020-08-11 | Last Split Date 2024-07-10 |
1 | NEXGOLD MINING CORP- The GF Scores 5 Key Aspects of Analysis - GuruFocus.com | 03/20/2025 |
| Begin Period Cash Flow | 16 M | |
| Free Cash Flow | -11.3 M |
NeXGold |
NeXGold Mining Relative Risk vs. Return Landscape
If you would invest 66.00 in NeXGold Mining Corp on December 24, 2024 and sell it today you would earn a total of 4.00 from holding NeXGold Mining Corp or generate 6.06% return on investment over 90 days. NeXGold Mining Corp is generating 0.1566% of daily returns assuming 3.4824% volatility of returns over the 90 days investment horizon. Simply put, 31% of all stocks have less volatile historical return distribution than NeXGold Mining, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NeXGold Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NeXGold Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NeXGold Mining Corp, and traders can use it to determine the average amount a NeXGold Mining's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.045
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Estimated Market Risk
| 3.48 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average NeXGold Mining is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NeXGold Mining by adding it to a well-diversified portfolio.
NeXGold Mining Fundamentals Growth
NeXGold Stock prices reflect investors' perceptions of the future prospects and financial health of NeXGold Mining, and NeXGold Mining fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NeXGold Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0527 | ||||
| Current Valuation | 73.37 M | ||||
| Shares Outstanding | 76.21 M | ||||
| Price To Book | 0.66 X | ||||
| EBITDA | (9.61 M) | ||||
| Net Income | (13.39 M) | ||||
| Total Debt | 1.86 M | ||||
| Book Value Per Share | 2.05 X | ||||
| Cash Flow From Operations | (11.31 M) | ||||
| Earnings Per Share | 0.08 X | ||||
| Total Asset | 117.68 M | ||||
| Retained Earnings | (143.97 M) | ||||
About NeXGold Mining Performance
Evaluating NeXGold Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if NeXGold Mining has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NeXGold Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
NeXGold Mining is entity of Canada. It is traded as Stock on V exchange.Things to note about NeXGold Mining Corp performance evaluation
Checking the ongoing alerts about NeXGold Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NeXGold Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NeXGold Mining Corp has some characteristics of a very speculative penny stock | |
| NeXGold Mining Corp had very high historical volatility over the last 90 days | |
| Net Loss for the year was (13.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NeXGold Mining generates negative cash flow from operations | |
| About 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: NEXGOLD MINING CORP- The GF Scores 5 Key Aspects of Analysis - GuruFocus.com |
- Analyzing NeXGold Mining's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NeXGold Mining's stock is overvalued or undervalued compared to its peers.
- Examining NeXGold Mining's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NeXGold Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NeXGold Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NeXGold Mining's stock. These opinions can provide insight into NeXGold Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NeXGold Stock Analysis
When running NeXGold Mining's price analysis, check to measure NeXGold Mining'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 NeXGold Mining is operating at the current time. Most of NeXGold Mining's value examination focuses on studying past and present price action to predict the probability of NeXGold Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeXGold Mining's price. Additionally, you may evaluate how the addition of NeXGold Mining to your portfolios can decrease your overall portfolio volatility.