Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following two offers if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Nexus Gold Corp. (V:NXS)

Business Focus: Gold

Log in or join to add this stock to your watch list.
Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 720-700 Pender St W
Tel: N/A
IR: See website
Key People
Alex Klenman
President, Chief Executive Officer, Chief Operating Officer, Secretary, Director
Warren D. Robb
Senior Vice President - Exploration, Director
Business Overview
Nexus Gold Corp, formerly Alita Resources Ltd., is a Canada-based exploration-stage company. The Company's principal business activity is the sourcing and exploration of mineral properties. The Company is engaged in the exploration of exploration and evaluation assets, located in the United States and Canada. The Company's Walker Ridge Property is located in Elko County, Nevada, approximately 40 air miles (64 kilometers) north of Elko. The core of the Walker Ridge Property is approximately three groups of over 10 unpatented mining claims, covering approximately 620 acres (250.1 hectares). The property encompasses a portion of townships T42N/53E, and T42N/R54E Mount Diablo Baseline and Meridian.
Financial Overview
For the nine months ended 31 October 2018, Nexus Gold Corp revenues was not reported. Net loss increased 73% to C$3.1M. Higher net loss reflects Corporate development increase from C$165K to C$1.2M (expense), Share-based compensation increase from C$4K to C$487K (expense), Marketing increase of 99% to C$221K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.14 to -C$0.11.
Reporting Currency: Canadian Dollars
Enterprise value: $4.95M as of Oct 31, 2018
Annual revenue (TTM): $0.00M as of Oct 31, 2018
EBITDA (TTM): -$3.64M as of Oct 31, 2018
Net annual income (TTM): -$3.65M as of Oct 31, 2018
Free cash flow (TTM): -$4.02M as of Oct 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 62,492,409 as of Apr 12, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization