Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | Suite 802, 750 West Pender Street VANCOUVER BC V6C 2T8 |
Tel: | N/A |
Website: | https://nxs.gold |
IR: | See website |
Key People | ||
Alex Klenman President, Director | Milad Zareian Chief Executive Officer | Brian Shin Chief Financial Officer |
Warren D. Robb Senior Vice President - Exploration, Director | Deena Siblock Vice President - Corporate Development |
Business Overview |
Nexus Gold Corp. is a Canada-based gold development company with a portfolio of exploration projects in West Africa. The Company's principal business activity is the sourcing and exploration of mineral properties. Its properties include Bouboulou Property, Rakounga Gold Property, Dakuli 2 Property, Manzour Dayere Property, and Nianguela Property. The Bouboulou Property is located in Burkina Faso, West Africa. The Bouboulou Property concession features approximately five drill-tested zones of gold mineralization, named Koala, Rawema, Bouboulou 1, Bouboulou 2 and Pelatanga. The 250 square kilometer Rakounga Gold property is contiguous to the Company's Bouboulou gold concession, which is located in Burkina Faso, West Africa. The Dakuli 2 Property is an approximately 98 square kilometer concession adjacent to the Niangouela concession, bisected by the Sabce shear zone. The Manzour-Dayere Project is located in southwestern Burkina Faso, near the border with Ghana. |
Financial Overview |
For the nine months ended 31 October 2023, Nexus Gold Corp revenues was not reported. Net loss decreased 31% to C$964K. Lower net loss reflects Marketing decrease from C$282K (expense) to C$0K, Media decrease from C$137K (expense) to C$0K, Market research and analysis decrease of 77% to C$18K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.04 to -C$0.03. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1.31M as of Oct 31, 2023 |
Annual revenue (TTM): | $0.00M as of Oct 31, 2023 |
EBITDA (TTM): | -$1.17M as of Oct 31, 2023 |
Net annual income (TTM): | -$1.92M as of Oct 31, 2023 |
Free cash flow (TTM): | -$0.93M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | $0.66M as of Oct 31, 2023 |
Shares outstanding: | 45,473,314 as of Mar 12, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |