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Nexus Gold Corp. (V:NXS)

Business Focus: Gold

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Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEDAR
Company Contact
Address: 720-700 Pender St W
VANCOUVER BC V6C 1G8
Tel: N/A
Website: https://nexusgoldcorp.com
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