Nexgold Mining Corp Stock Current Valuation
| NEXG Stock | 0.64 0.02 3.03% |
Valuation analysis of NeXGold Mining Corp helps investors to measure NeXGold Mining's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, NeXGold Mining's Cash is fairly stable compared to the past year. Other Non Cash Items is likely to climb to about 1.4 M in 2024, whereas Free Cash Flow is likely to drop (11.9 M) in 2024. Fundamental drivers impacting NeXGold Mining's valuation include:
Price Book 0.658 | Enterprise Value 73.4 M | Enterprise Value Ebitda (6.68) | Trailing PE 10.375 |
Overvalued
Today
Please note that NeXGold Mining's price fluctuation is abnormally volatile at this time. Calculation of the real value of NeXGold Mining Corp is based on 3 months time horizon. Increasing NeXGold Mining'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 NeXGold stock is determined by what a typical buyer is willing to pay for full or partial control of NeXGold Mining Corp. Since NeXGold Mining is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NeXGold Stock. However, NeXGold Mining'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 0.64 | Real 0.58 | Hype 0.64 | Naive 0.54 |
The intrinsic value of NeXGold Mining'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 NeXGold Mining'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.
Estimating the potential upside or downside of NeXGold Mining Corp helps investors to forecast how NeXGold 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 NeXGold Mining more accurately as focusing exclusively on NeXGold Mining's fundamentals will not take into account other important factors: NeXGold Mining Corp Company Current Valuation Analysis
NeXGold Mining's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current NeXGold Mining Current Valuation | 73.37 M |
Most of NeXGold Mining's fundamental indicators, such as Current Valuation, 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, NeXGold Mining Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, NeXGold Mining Corp has a Current Valuation of 73.37 M. This is 99.36% lower than that of the Basic Materials sector and 98.13% lower than that of the Gold industry. The current valuation for all Canada stocks is 99.56% higher than that of the company.
NeXGold Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NeXGold Mining's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NeXGold Mining could also be used in its relative valuation, which is a method of valuing NeXGold Mining by comparing valuation metrics of similar companies.NeXGold Mining is currently under evaluation in current valuation category among its peers.
NeXGold Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0527 | ||||
| Current Valuation | 73.37 M | ||||
| Shares Outstanding | 76.21 M | ||||
| Shares Owned By Insiders | 12.73 % | ||||
| Shares Owned By Institutions | 15.81 % | ||||
| Number Of Shares Shorted | 27.27 K | ||||
| Price To Book | 0.66 X | ||||
| EBITDA | (9.61 M) | ||||
| Net Income | (13.39 M) | ||||
| Total Debt | 1.86 M | ||||
| Book Value Per Share | 2.05 X | ||||
| Cash Flow From Operations | (11.31 M) | ||||
| Short Ratio | 0.42 X | ||||
| Earnings Per Share | 0.08 X | ||||
| Target Price | 1.9 | ||||
| Number Of Employees | 22 | ||||
| Beta | 1.54 | ||||
| Market Capitalization | 63.25 M | ||||
| Total Asset | 117.68 M | ||||
| Retained Earnings | (143.97 M) | ||||
| Working Capital | 8.49 M | ||||
| Net Asset | 117.68 M |
About NeXGold Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NeXGold Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NeXGold Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NeXGold Mining 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.
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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.