NeXGold Mining Valuation

NEXG Stock   0.66  0.01  1.54%   
NeXGold Mining is overvalued. NeXGold Mining Corp secures a last-minute Real Value of USD0.59 per share. The latest price of the firm is USD0.66. Our model forecasts the value of NeXGold Mining Corp from analyzing the firm fundamentals such as Return On Equity of -0.11, return on asset of -0.0527, and Current Valuation of 73.37 M as well as examining its technical indicators and probability of bankruptcy.
Price Book
0.658
Enterprise Value
73.4 M
Enterprise Value Ebitda
(6.68)
Trailing PE
10.375
Overvalued
Today
0.66
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  0.66 Real  0.59 Hype  0.66
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.
0.59
Real Value
4.42
Upside
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:
Hype
Prediction
LowEstimatedHigh
0.030.664.49
Details

NeXGold Mining Cash

10.99 Million

NeXGold Mining Total Value Analysis

NeXGold Mining Corp is now anticipated to have takeover price of 73.37 M with market capitalization of 63.25 M, debt of 1.86 M, and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the NeXGold Mining fundamentals before making investing decisions based on enterprise value of the company

NeXGold Mining Asset Utilization

One of the ways to look at asset utilization of NeXGold is to check how much profit was generated for every dollar of assets it reports. NeXGold Mining Corp secures a negative usage of assets of -0.0527 %, losing USD5.27E-4 for each dollar of assets held by the firm. Unsuccessful asset utilization conveys that the company is being less effective with each dollar of assets it secures. Strictly speaking, asset utilization of NeXGold Mining Corp shows how unproductive it operates for each dollar spent on its assets.
 
Covid

NeXGold Mining Ownership Allocation

NeXGold Mining Corp maintains a total of 76.21 Million outstanding shares. NeXGold Mining Corp secures 12.73 % of its outstanding shares held by insiders and 15.81 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

NeXGold Mining Profitability Analysis

Net Loss for the year was (13.39 M) with profit before overhead, payroll, taxes, and interest of 0.

About NeXGold Mining Valuation

Our relative valuation model uses a comparative analysis of NeXGold Mining. We calculate exposure to NeXGold Mining's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of NeXGold Mining's related companies.
Last ReportedProjected for Next Year
Gross Profit-202.4 K-212.5 K

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.