Nexgold Mining Corp Stock Price on November 18, 2024

NEXG Stock   0.68  0.02  3.03%   
Below is the normalized historical share price chart for NeXGold Mining Corp extending back to August 19, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NeXGold Mining stands at 0.68, as last reported on the 21st of December, with the highest price reaching 0.68 and the lowest price hitting 0.66 during the day.
200 Day MA
0.7375
50 Day MA
0.8378
Beta
1.535
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in NeXGold Stock, it is important to understand the factors that can impact its price. NeXGold Mining Corp has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of standard deviation over the last 3 months. NeXGold Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NeXGold Mining's Risk Adjusted Performance of (0.05), market risk adjusted performance of (0.40), and Mean Deviation of 2.34 to check out the risk estimate we provide.
  
At this time, NeXGold Mining's Total Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to climb to about 226.4 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 39 M in 2024. . NeXGold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1129

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Estimated Market Risk

 2.75
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average NeXGold Mining is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NeXGold Mining by adding NeXGold Mining to a well-diversified portfolio.
Price Book
0.658
Book Value
2.048
Enterprise Value
73.4 M
Enterprise Value Ebitda
(6.68)
Shares Float
59.8 M

NeXGold Mining Main Headline on 18th of November 2024

Signal Gold Completes Mailing of Proxy Materials for Upcoming Shareholder Meeting StockTitan

NeXGold Mining Valuation on November 18, 2024

It is possible to determine the worth of NeXGold Mining on a given historical date. On November 18, 2024 NeXGold was worth 0.69 at the beginning of the trading date compared to the closed value of 0.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NeXGold Mining stock. Still, in general, we apply an absolute valuation method to find NeXGold Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NeXGold Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NeXGold Mining's related companies.
 Open High Low Close Volume
  0.67    0.68    0.65    0.68    126,038  
11/18/2024
  0.69    0.69    0.68    0.69    96,341  
  0.68    0.68    0.66    0.66    60,308  
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Open Value
0.69
0.69
Closing Value
8.94
Upside

NeXGold Mining Trading Date Momentum on November 18, 2024

On November 19 2024 NeXGold Mining Corp was traded for  0.66  at the closing time. The maximum traded price for the trading interval was 0.68  and the lowest daily price was  0.66 . The daily volume was recorded at 60.3 K. The volume of trading on 19th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 4.35% . The trading delta at closing time to the closing price today is 4.35% .

NeXGold Mining Corp Fundamentals Correlations and Trends

By evaluating NeXGold Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NeXGold Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NeXGold financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NeXGold Mining Stock history

NeXGold Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for NeXGold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NeXGold Mining Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing NeXGold Mining stock prices may prove useful in developing a viable investing in NeXGold Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding44.6 M39 M

NeXGold Mining Stock Technical Analysis

NeXGold Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of NeXGold Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NeXGold Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NeXGold Mining Period Price Range

Low
December 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NeXGold Mining Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

NeXGold Mining December 21, 2024 Market Strength

Market strength indicators help investors to evaluate how NeXGold Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NeXGold Mining shares will generate the highest return on investment. By undertsting and applying NeXGold Mining stock market strength indicators, traders can identify NeXGold Mining Corp entry and exit signals to maximize returns

NeXGold Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NeXGold Mining's price direction in advance. Along with the technical and fundamental analysis of NeXGold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NeXGold to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.