Nexus Gold Valuation

NXS Stock  CAD 0.01  0.01  200.00%   
Nexus Gold seems to be overvalued based on Macroaxis valuation methodology. Our model forecasts the value of Nexus Gold Corp from analyzing the firm fundamentals such as Current Valuation of 1.23 M, shares owned by insiders of 0.73 %, and Return On Equity of -13.07 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
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Please note that Nexus Gold's price fluctuation is out of control at this time. Calculation of the real value of Nexus Gold Corp is based on 3 months time horizon. Increasing Nexus Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Nexus stock is determined by what a typical buyer is willing to pay for full or partial control of Nexus Gold Corp. Since Nexus Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nexus Stock. However, Nexus Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  0.015 Real  0.0115 Hype  0.02
The intrinsic value of Nexus Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nexus Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
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Real Value
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Upside
Estimating the potential upside or downside of Nexus Gold Corp helps investors to forecast how Nexus stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nexus Gold more accurately as focusing exclusively on Nexus Gold's fundamentals will not take into account other important factors:
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Details

Nexus Gold Total Value Analysis

Nexus Gold Corp is now estimated to have takeover price of 1.23 M with market capitalization of 721.08 K, debt of 707.56 K, and cash on hands of 712.89 K. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Nexus Gold fundamentals before making investing decisions based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
1.23 M
721.08 K
707.56 K
712.89 K

Nexus Gold Asset Utilization

One of the ways to look at asset utilization of Nexus is to check how much profit was generated for every dollar of assets it reports. Nexus Gold Corp secures a negative usage of assets of -0.18 %, losing C$0.001827 for each dollar of assets held by the firm. Inadequate asset utilization conveys that the company is being less effective with each dollar of assets it secures. Strictly speaking, asset utilization of Nexus Gold Corp shows how discouraging it operates for each dollar spent on its assets.

Nexus Gold Ownership Allocation

Nexus Gold Corp maintains a total of 48.07 Million outstanding shares. Roughly 99.27 % of Nexus Gold outstanding shares are held by general public with 0.73 pct. owned by insiders and only 0.0 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Nexus Gold Profitability Analysis

Net Loss for the year was (1.12 M) with loss before overhead, payroll, taxes, and interest of (75.77 K).

About Nexus Gold Valuation

Our relative valuation model uses a comparative analysis of Nexus Gold. We calculate exposure to Nexus Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nexus Gold's related companies.
Nexus Gold Corp., a mineral exploration company, explores for mineral properties in West Africa and Canada. In addition, it holds interest in the Black Ridge Gold Project and the Bauline Epithermal Gold Project located in Newfoundland, Canada. NEXUS GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.

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.