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Treasury Metals (NEXG) AI Stock Analysis
Treasury Metals
(TSXV:NEXG)
Financial performance and technical analysis drive the score via balance sheet stability and bullish momentum, while negative valuation metrics from unprofitability weigh on the result.
Treasury Metals (NEXG) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 296.89M
- Dividend Yield
- ―
- Average Volume (3M)
- 668.63K
- Price to Earnings (P/E)
- -5.0
- Beta (1Y)
- 2.26
- Revenue Growth
- ―
- EPS Growth
- 27.54%
- Country
- Canada
- Employees
- 22
- Sector
- General
- Sector Strength
- 55
- Industry
- Gold
Treasury Metals Business Overview & Revenue Model
Company Description
NeXGold Mining Corp. is a Canadian enterprise primarily engaged in the exploration and advancement of gold projects. Central to its operations is the Goliath Gold Complex, a fully-owned, high-grade gold deposit. This advanced-stage asset, located nea...
How the Company Makes Money
Treasury Metals is a pre-revenue (or limited-revenue) mineral exploration/development company whose business model is to create value by discovering, defining, and advancing gold resources toward a development decision rather than earning steady oper...
Treasury Metals Financial Statement Overview
Summary
Weak income statement and cash flow due to zero revenue and high cash burn in pre-production phase, offset by solid balance sheet with low debt and asset growth.
Income Statement
15Very NegativeBalance Sheet
65PositiveCash Flow
25Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -844.74K | -836.44K | -455.83K | -202.38K | -235.74K | -124.54K |
| EBITDA | -49.69M | -37.83M | -18.16M | -12.26M | -20.19M | -15.01M |
| Net Income | -49.51M | -40.99M | -19.59M | -13.39M | -20.29M | -15.93M |
Balance Sheet | ||||||
| Total Assets | 251.48M | 256.45M | 191.48M | 117.68M | 123.74M | 132.17M |
| Cash, Cash Equivalents and Short-Term Investments | 102.58M | 109.17M | 20.28M | 10.10M | 16.68M | 10.78M |
| Total Debt | 7.59M | 7.82M | 25.30M | 16.94M | 18.41M | 5.41M |
| Total Liabilities | 21.11M | 15.77M | 32.21M | 18.22M | 19.65M | 9.40M |
| Stockholders Equity | 230.37M | 240.68M | 159.27M | 99.46M | 104.09M | 122.76M |
Cash Flow | ||||||
| Free Cash Flow | -39.30M | -36.10M | -15.07M | -11.32M | -17.81M | -17.96M |
| Operating Cash Flow | -39.12M | -35.93M | -15.02M | -11.31M | -17.79M | -17.82M |
| Investing Cash Flow | 23.90M | 6.08M | 24.75M | -13.56K | 14.20M | 150.62K |
| Financing Cash Flow | 107.95M | 101.19M | -2.76M | 4.73M | 9.52M | 23.33M |
Treasury Metals Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NEXG, the sentiment is Negative. The current price of 1.16 is below the 20-day moving average (MA) of 1.32, below the 50-day MA of 1.43, and below the 200-day MA of 1.49, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 29.83 is Positive, neither overbought nor oversold. The STOCH value of 24.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NEXG.
Treasury Metals Peers Comparison
Overall Rating
- TSE:NEXG51Neutral
TSE:TUD48Neutral
TSE:GOLD42Neutral
TSE:AUMB40Underperform
TSE:AUXX39Underperform
TSE:WGO39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:NEXG | 51Neutral | CAD 298.95M | -4.99 | -23.30% | ― | ― | 27.54% |
| TSE:TUD | 48Neutral | CAD 288.61M | -57.38 | -1.96% | ― | ― | ― |
| TSE:GOLD | 42Neutral | CAD 224.10M | -6.62 | -14.88% | ― | ― | -100.77% |
| TSE:AUMB | 40Underperform | CAD 204.01M | -4.70 | -91.31% | ― | ― | -117.38% |
| TSE:AUXX | 39Underperform | CAD 530.21M | -8.97 | -38.19% | ― | ― | -302.12% |
| TSE:WGO | 39Underperform | CAD 331.51M | -55.68 | -4.25% | ― | ― | -101.53% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:NEXG | Treasury Metals | 1.16 | -0.26 | -18.31% | |
| TSE:TUD | Tudor Gold | 0.70 | -0.10 | -12.50% | |
| TSE:GOLD | Goldmining Inc. | 1.04 | -0.84 | -44.68% | |
| TSE:AUMB | 1911 Gold Corp | 0.57 | -0.35 | -38.04% | |
| TSE:AUXX | Gold X2 Mining Inc. | 5.24 | 1.94 | 58.79% | |
| TSE:WGO | White Gold Corp | 1.47 | 0.56 | 61.54% |
Treasury Metals Corporate Events
NexGold Advances Feasibility, Engineering and Early Works at Goldboro Gold Project
PositiveNexGold Mining Corp. reported steady progress on key development activities at its Goldboro Gold Project in Nova Scotia through mid-October 2026. The company is advancing toward an updated Feasibility Study, detailed engineering, and early constructi...
NexGold Sets Warrant Expiry and Issues Shares to Sprott Under Royalty Deal
NeutralNexGold Mining Corp. has reminded holders of common share purchase warrants issued in a November 2024 flow-through private placement that the warrants will expire at 5:00 p.m. Toronto time on November 6, 2026. Each warrant allows the purchase of one...
NexGold’s Goldlund Drilling Confirms High-Grade Gold and Strengthens Geological Model
PositiveNexGold Mining Corp. reported new diamond drilling results from Zone 4 of the Goldlund deposit within its Goliath Gold Complex in Ontario, highlighting high-grade intercepts such as 14.07 g/t gold over 7.0 metres and 9.76 g/t gold over 8.0 metres. Wi...
NexGold Expands Goldlund Drill Program After High-Grade Ontario Intercepts
PositiveNexGold Mining Corp. has reported strong diamond drilling results from Zone 4 of the Goldlund deposit in Ontario, including intersections such as 3.08 g/t gold over 17.0 metres and 84.30 g/t gold over 1.0 metre. These holes infill and extend minerali...
NexGold Extends High-Grade Gold Intercepts and Expands Drilling at Goldlund Deposit
PositiveNexGold Mining Corp. reported strong new diamond drilling results from Zone 4 of the Goldlund deposit in Ontario, including notable high-grade intercepts such as 3.08 g/t gold over 17.0 metres and 84.30 g/t gold over 1.0 metre. These holes were desig...
NexGold’s Infill Drilling at Goldboro Confirms High-Grade Near-Surface Gold
PositiveNexGold reported new assay results from its expanded 40,000‑metre reverse circulation infill drilling program at the Goldboro Gold Project, with highlights including intersections of 5.26 g/t gold over 7.0 metres and 7.08 g/t gold over 5.0 metr...
NexGold Widens Q2 Loss as it Accelerates Goldboro and Goliath Development
NeutralNexGold reported a Q2 2026 net loss of $16.0 million, driven mainly by increased exploration and project development spending, while ending the quarter with $101.1 million in cash and short-term investments to fund its growth plans. Management emphas...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 18, 2026