NeXGold Mining Financials
| NEXG Stock | 0.64 0.02 3.03% |
PE Ratio 10.375 | Short Ratio 0.42 | Return On Equity (0.11) |
NeXGold | Select Account or Indicator |
Understanding current and past NeXGold Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NeXGold Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in NeXGold Mining's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in NeXGold Mining's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NeXGold Mining Corp. Check NeXGold Mining's Beneish M Score to see the likelihood of NeXGold Mining's management manipulating its earnings.
NeXGold Mining Stock Summary
NeXGold Mining competes with Royal Bank, Canso Credit, CI Financial, Olympia Financial, and Canadian General. NeXGold Mining is entity of Canada. It is traded as Stock on V exchange.Specialization | Basic Materials, Gold |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| Business Address | 15 Toronto Street, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | nexgold.com |
| Phone | 416 214 4654 |
You should never invest in NeXGold Mining without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NeXGold Stock, because this is throwing your money away. Analyzing the key information contained in NeXGold Mining's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NeXGold Mining Key Financial Ratios
There are many critical financial ratios that NeXGold Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NeXGold Mining Corp reports annually and quarterly.| Net Income | (13.39 M) | ||||
| Total Asset | 117.68 M | ||||
| Retained Earnings | (143.97 M) |
NeXGold Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NeXGold Mining's current stock value. Our valuation model uses many indicators to compare NeXGold Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NeXGold Mining competition to find correlations between indicators driving NeXGold Mining's intrinsic value. More Info.NeXGold Mining Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . 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 NeXGold Mining's earnings, one of the primary drivers of an investment's value.NeXGold Mining Corp Systematic Risk
NeXGold Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NeXGold Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on NeXGold Mining Corp correlated with the market. If Beta is less than 0 NeXGold Mining generally moves in the opposite direction as compared to the market. If NeXGold Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NeXGold Mining Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NeXGold Mining is generally in the same direction as the market. If Beta > 1 NeXGold Mining moves generally in the same direction as, but more than the movement of the benchmark.
NeXGold Mining Corp Net Debt Over Time
NeXGold Mining Thematic Clasifications
NeXGold Mining Corp is part of several thematic ideas from Copper to Heavy Metals. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNeXGold Mining December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NeXGold Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NeXGold Mining Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of NeXGold Mining Corp based on widely used predictive technical indicators. In general, we focus on analyzing NeXGold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NeXGold Mining's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 23.36 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 4.62 |
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.