Nexgold Mining Corp Stock Analysis
| NEXG Stock | 0.64 0.02 3.03% |
NeXGold Mining Corp is overvalued with Real Value of 0.58 and Hype Value of 0.64. The main objective of NeXGold Mining stock analysis is to determine its intrinsic value, which is an estimate of what NeXGold Mining Corp is worth, separate from its market price. There are two main types of NeXGold Mining's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect NeXGold Mining's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of NeXGold Mining's stock to identify patterns and trends that may indicate its future price movements.
The NeXGold Mining stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. NeXGold Mining is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. NeXGold Stock trading window is adjusted to America/Toronto timezone.
NeXGold |
NeXGold Stock Analysis Notes
About 13.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.66. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NeXGold Mining Corp last dividend was issued on the 11th of August 2020. The entity had 1:4 split on the 10th of July 2024. To find out more about NeXGold Mining Corp contact Jeremy Wyeth at 416 214 4654 or learn more at https://nexgold.com.NeXGold Mining Corp Investment Alerts
| NeXGold Mining Corp generated a negative expected return over the last 90 days | |
| NeXGold Mining Corp has some characteristics of a very speculative penny stock | |
| NeXGold Mining Corp has high historical volatility and very poor performance | |
| 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 PS Ratio - GuruFocus.com |
NeXGold Mining Thematic Classifications
In addition to having NeXGold Mining stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | CopperCopper production | |
 | Heavy MetalsIndustrial metals and minerals | |
 | SilverSilver mining and silver goods production |
NeXGold Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 63.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NeXGold Mining's market, we take the total number of its shares issued and multiply it by NeXGold Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Management Efficiency
NeXGold Mining Corp has return on total asset (ROA) of (0.0527) % which means that it has lost $0.0527 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1075) %, meaning that it generated substantial loss on money invested by shareholders. NeXGold Mining's management efficiency ratios could be used to measure how well NeXGold Mining manages its routine affairs as well as how well it operates its assets and liabilities. Total Current Assets is likely to climb to about 13 M in 2024, whereas Total Assets are likely to drop slightly above 111.3 M in 2024.At NeXGold Mining Corp, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Beta 1.535 | Return On Assets (0.05) | Return On Equity (0.11) |
Technical Drivers
As of the 1st of December, NeXGold Mining secures the Risk Adjusted Performance of (0.06), market risk adjusted performance of (0.31), and Mean Deviation of 2.58. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NeXGold Mining Corp, as well as the relationship between them. Please verify NeXGold Mining Corp coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if NeXGold Mining Corp is priced some-what accurately, providing market reflects its recent price of 0.64 per share.NeXGold Mining Corp Price Movement Analysis
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NeXGold Mining Predictive Daily Indicators
NeXGold Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NeXGold Mining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NeXGold Mining Forecast Models
NeXGold Mining's time-series forecasting models are one of many NeXGold Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NeXGold Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About NeXGold Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how NeXGold Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NeXGold shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as NeXGold Mining. By using and applying NeXGold Stock analysis, traders can create a robust methodology for identifying NeXGold entry and exit points for their positions.
NeXGold Mining is entity of Canada. It is traded as Stock on V exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding NeXGold Mining to your portfolios without increasing risk or reducing expected return.Did you try this?
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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.