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Nexus Gold
(NXS)
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Rating:42Neutral
Price Target:
C$0.14
▼(-15.29% Downside)
Action:Reiterated
Date:09/10/26
The score is primarily weighed down by weak financial performance (no revenue, accelerating losses, and sustained negative operating/free cash flow implying ongoing funding needs). Technicals add further pressure, with price below major moving averages and negative MACD. Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Debt-Free TTM Balance Sheet
The current absence of debt reduces interest obligations and near-term creditor pressure, while positive equity provides a more stable base than the company’s prior deficit periods. This gives management somewhat greater flexibility to allocate capital toward exploration, although the equity position remains modest.
Negative Factors
No Operating Revenue
The absence of revenue confirms that Nexus Gold remains dependent on exploration progress rather than an operating business that funds itself through sales. Until a project reaches production or another recurring funding source develops, corporate activities are unlikely to be supported by internal operating income.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free TTM Balance Sheet
The current absence of debt reduces interest obligations and near-term creditor pressure, while positive equity provides a more stable base than the company’s prior deficit periods. This gives management somewhat greater flexibility to allocate capital toward exploration, although the equity position remains modest.
Read all positive factors
Nexus Gold (NXS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.60M
Dividend YieldN/A
Average Volume (3M)28.51K
Price to Earnings (P/E)―
Beta (1Y)1.87
Revenue GrowthN/A
EPS Growth-847.64%
CountryCA
Employees7
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.55
Shares Outstanding24,005,125
10 Day Avg. Volume43,229
30 Day Avg. Volume28,506
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-3.21
Price to Sales (P/S)0.00
P/FCF Ratio-2.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nexus Gold Business Overview & Revenue Model
Company Description
Nexus Gold Corp. is an enterprise focused on the exploration and assessment of mineral properties across West Africa and Canada. The company actively seeks out deposits of various metals and industrial minerals, including gold, silver, manganese, ...
Nexus Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
14
Very Negative
| Breakdown | Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -15.59K | -60.13K | -4.00K | -4.00K |
| EBITDA | -1.44M | -179.06K | -875.04K | -1.72M | -3.45M |
| Net Income | -1.45M | -229.95K | -1.12M | -2.35M | -3.70M |
Balance Sheet | |||||
| Total Assets | 564.09K | 1.30M | 1.56M | 1.89M | 7.17M |
| Cash, Cash Equivalents and Short-Term Investments | 523.56K | 9.96K | 47.06K | 75.11K | 139.35K |
| Total Debt | 1.02M | 1.39M | 707.56K | 709.83K | 353.40K |
| Total Liabilities | 1.16M | 2.07M | 2.20M | 1.89M | 625.64K |
| Stockholders Equity | -596.17K | -775.21K | -635.25K | 5.03K | 6.55M |
Cash Flow | |||||
| Free Cash Flow | -880.62K | -79.38K | -499.88K | -694.23K | -5.50M |
| Operating Cash Flow | -880.63K | -79.38K | -499.88K | -381.32K | -3.47M |
| Investing Cash Flow | -7.00K | 0.00 | -33.07K | -112.92K | -1.93M |
| Financing Cash Flow | 1.40M | 64.72K | 509.90K | 385.00K | 3.34M |
Nexus Gold Technical Analysis
Negative
0.17
Price Trends
0.18
Negative
0.20
Negative
0.25
Negative
Market Momentum
>-0.01
Negative
43.52
Neutral
61.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NXS, the sentiment is Negative. The current price of 0.17 is above the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.18, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.52 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NXS.
Nexus Gold Peers Comparison
UnderperformOutperform
Sector (55)
TSE:NXS
Nexus Gold
0.15
-0.10
-40.00%
TSE:CAND.H
Candelaria Mining
0.01
0.00
0.00%
TSE:AIS
AIS Resources
0.15
0.11
275.00%
TSE:AORO
Aloro Mining
0.02
0.00
0.00%
TSE:HARD
Hardcore Discoveries
0.04
-0.03
-46.67%
TSE:FWM
Flow Metals Corp
0.06
>-0.01
-8.33%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.