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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 West Pender Street
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 three months ended 30 April 2019, Nexus Gold Corp revenues was not reported. Net loss increased 94% to C$845K. Higher net loss reflects Consulting fees increase from C$26K to C$234K (expense), Marketing increase from C$13K to C$185K (expense), Foreign exchange loss increase from C$0K to C$23K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $7.18M as of Apr 30, 2019
Annual revenue (TTM): $0.00M as of Apr 30, 2019
EBITDA (TTM): -$4.14M as of Apr 30, 2019
Net annual income (TTM): -$4.17M as of Apr 30, 2019
Free cash flow (TTM): -$4.72M as of Apr 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 75,372,867 as of Jul 12, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization