Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
NEXG.V
STRONG SELLREMOVENeXGold Mining Corp. · Basic Materials · Canada · $254M · Avg Vol: $496K/d
NeXGold Mining is a junior gold exploration company. It lacks the cash flows, high ROIC, and operational moats required by our quality framework, making it unsuitable for a concentrated global equity fund.
COMPANY DESCRIPTION
NeXGold Mining Corp. is a Canadian mineral exploration company focused on gold and critical metals projects in premier mining jurisdictions across North America. The company's flagship assets include the Central Canada Gold Project in Ontario, situated within a highly prospective greenstone belt. NeXGold's competitive advantage lies in its diverse portfolio of low-cost, high-upside exploration projects and its strategic proximity to producing mines.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | — |
| EPS | -0.43 | -0.27 | -0.22 | -0.17 | — |
| Shares | 35M | 45M | 144M | 242M | +600.1% |
| Debt | 13M | 12M | 18M | 6M | -24.8% |
| Equity | 75M | 72M | 115M | 174M | 32.2% |
| Op CF | -13M | -8M | -11M | -26M | — |
| Inv CF | 10M | -9,822 | 18M | 4M | — |
| Fin CF | 7M | 3M | -2M | 73M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of NEXG.V are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| NEXG.V | NeXGold Mining Corp.(you) | $254M | 15 | STRONG SELL |
| GLDG | GoldMining Inc. | $238M | 10 | STRONG SELL |
| WRLG.V | West Red Lake Gold Mines Ltd. | $197M | 16 | STRONG SELL |
| RVG.V | Revival Gold Inc. | $187M | 16 | STRONG SELL |
| CAMB.V | Cambria Gold Mines Inc. | $303M | 19 | STRONG SELL |
| TSK.TO | Talisker Resources Ltd. | $203M | 11 | STRONG SELL |
| GHRT.V | Greenheart Gold Inc. | $192M | 18 | STRONG SELL |
| FDR.V | Founders Metals Inc. | $414M | 14 | STRONG SELL |
| TNGD.V | Tiernan Gold Corp. | $279M | 7 | STRONG SELL |
| SIG.V | Sitka Gold Corp. | $331M | 10 | STRONG SELL |
Peer medians: ROE -12.3% · P/E 15.3x · Gross margin 0.0%