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Nexus Gold Corp. (V:NXS)

Business Focus: Gold Mining

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