Nexus Gold Corp Stock Fundamentals
| NXS Stock | CAD 0.01 0.01 25.00% |
Nexus Gold Corp fundamentals help investors to digest information that contributes to Nexus Gold's financial success or failures. It also enables traders to predict the movement of Nexus Stock. The fundamental analysis module provides a way to measure Nexus Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nexus Gold stock.
At this time, Nexus Gold's Income Tax Expense is fairly stable compared to the past year. Selling And Marketing Expenses is likely to climb to about 576.4 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.8 M in 2024. Nexus | Select Account or Indicator |
Nexus Gold Corp Company Return On Equity Analysis
Nexus Gold's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nexus Gold Return On Equity | -13.07 |
Most of Nexus Gold's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexus Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nexus Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Nexus Gold is extremely important. It helps to project a fair market value of Nexus Stock properly, considering its historical fundamentals such as Return On Equity. Since Nexus Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nexus Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nexus Gold's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Nexus Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Nexus Gold Corp has a Return On Equity of -13.075. This is 1536.81% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is notably higher than that of the company.
Nexus Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nexus Gold's current stock value. Our valuation model uses many indicators to compare Nexus Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nexus Gold competition to find correlations between indicators driving Nexus Gold's intrinsic value. More Info.Nexus Gold Corp is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . At this time, Nexus Gold's Return On Equity is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Nexus Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nexus Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nexus Gold's earnings, one of the primary drivers of an investment's value.Nexus Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexus Gold's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexus Gold could also be used in its relative valuation, which is a method of valuing Nexus Gold by comparing valuation metrics of similar companies.Nexus Gold is currently under evaluation in return on equity category among related companies.
Nexus Fundamentals
| Return On Equity | -13.07 | ||||
| Return On Asset | -0.54 | ||||
| Current Valuation | 1.5 M | ||||
| Shares Outstanding | 41.87 M | ||||
| Shares Owned By Insiders | 0.50 % | ||||
| Number Of Shares Shorted | 644 | ||||
| Price To Earning | (1.70) X | ||||
| Price To Book | 249.89 X | ||||
| Gross Profit | (75.77 K) | ||||
| EBITDA | (1.72 M) | ||||
| Net Income | (2.35 M) | ||||
| Cash And Equivalents | 712.89 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 709.83 K | ||||
| Debt To Equity | 4.40 % | ||||
| Current Ratio | 2.23 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (381.32 K) | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.06) X | ||||
| Beta | 0.85 | ||||
| Market Capitalization | 628.1 K | ||||
| Total Asset | 1.89 M | ||||
| Retained Earnings | (30.76 M) | ||||
| Working Capital | (1.57 M) | ||||
| Net Asset | 1.89 M |
About Nexus Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nexus Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexus Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexus Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 62.1 K | 51.8 K | |
| Total Revenue | 0.00 | 0.00 | |
| Cost Of Revenue | 4.6 K | 2.6 K | |
| Stock Based Compensation To Revenue | 11.24 | 9.99 | |
| Sales General And Administrative To Revenue | 0.00 | 0.00 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | 0.00 | 0.00 | |
| Revenue Per Share | 0.08 | 0.07 | |
| Ebit Per Revenue | (19.53) | (20.50) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nexus Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nexus Gold's short interest history, or implied volatility extrapolated from Nexus Gold options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexus Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary 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.
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