Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Category: Junior: Late Stage Developer
Rating & Risk: Login to view
Ngex Resources Inc
www: www.ngexresources.com     email: ngexresources@namdo.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
TSE:NGQ CAD
OTCMKTS:NGQRF USD

Description

Ngex Resources Inc are a gold focused junior, late stage development company with two mines in development in Argentina. They have approximately 12Moz. of gold in the reserves and resources category of which 10Moz. are in the measured and indicated category. They have a market capitalisation of ~C$180.77M which is a fall of roughly 11% over the last six months. As of 03/26/2018 they have no debt and ~C$11.69M cash. They have 226M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 03/26/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $204.03M $180.77M 03/26/2018 $-23.26M
Total Assets: $9.83M $9.84M 03/26/2018 $0.01M
Total Liabilities: $1.60M $1.60M 03/26/2018 $0.00M
Current Assets: $11.67M $11.69M 03/26/2018 $0.01M
Current Liabilities: $1.00M $1.01M 03/26/2018 $0.00M
Total Debt: $0.00M $0.00M 03/26/2018 $0.00M
Cash: $11.67M $11.69M 03/26/2018 $0.01M
Enterprise Value: $192.36M $169.08M 05/11/1975 $-23.28M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: 03/26/2018 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 03/26/2018 0.00%
Misc 03/26/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 226,000,000 226,000,000 03/26/2018 0
Shares (FD): 232,000,000 232,000,000 03/26/2018 0
Insider Ownership: n/a 30% 03/26/2018 30%
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 03/26/2018 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
03/26/2018 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
03/26/2018 0
Initial CapEx (Outstanding): $4,300.00M
2107.5% of Mkt.Cap
$4,300.00M
2378.72% of Mkt.Cap
03/26/2018 $0.00M
Funding Option: n/a n/a 03/26/2018 n/a
Documentation: none PEA 03/26/2018 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 03/26/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 03/26/2018 0.00M
Measured & Indicated: 10.00M 10.00M 03/26/2018 0.00M
Inferred: 2.00M 2.00M 03/26/2018 0.00M
Reserves & Resources: 12.00M 12.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 03/26/2018 0.00M
Measured & Indicated: 0.08M 0.08M 03/26/2018 0.00M
Inferred: 0.01M 0.01M 03/26/2018 0.00M
Reserves & Resources: 0.09M 0.09M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 03/26/2018 $0.00
Extra Operating Cost: n/a n/a 03/26/2018 $0.00
Average Grade: 0.20 g/t 0.20 g/t 03/26/2018 n/a
Recovery Rate: (CG)  1.00% (CG)  1.00% 03/26/2018 0.00%
F
U
T
U
R
E
Proven & Probable: 10.00M 10.00M 03/26/2018 0.00M
Annual Production: 200,000oz. 200,000oz. 03/26/2018 0oz.
Cash Cost: $100 $100 03/26/2018 $0
Extra Operating Cost: $100 $100 03/26/2018 $0
SILVER 03/26/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 03/26/2018 0.00M
Measured & Indicated: n/a n/a 03/26/2018 0.00M
Inferred: n/a n/a 03/26/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 03/26/2018 0.00M
Measured & Indicated: n/a n/a 03/26/2018 0.00M
Inferred: n/a n/a 03/26/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 03/26/2018 $0.00
Extra Operating Cost: n/a n/a 03/26/2018 $0.00
Average Grade: n/a n/a 03/26/2018 n/a
Recovery Rate: n/a n/a 03/26/2018 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 03/26/2018 0.00M
Annual Production: n/a n/a 03/26/2018 n/a
Cash Cost: n/a n/a 03/26/2018 n/a
Extra Operating Cost: n/a n/a 03/26/2018 n/a

Property

Last Analysis Data  (03/26/2018)
Stage Location Name Owned Type Au Ag Cu Notes
Development Argentina, Argentina Jose Maria 100% (guess) Open Pit show
Copper, Gold, Silver

Large project

They own $21 million for an option to obtain 100%
Development Argentina, Argentina Los Helado 60% (guess) Underground show
$4.3 billion capex
Current Data
Stage Location Name Owned Type Au Ag Cu Notes
Development Argentina, Argentina Jose Maria 100% (guess) Open Pit show
Copper, Gold, Silver

Large project

They own $21 million for an option to obtain 100%
Development Argentina, Argentina Los Helado 60% (guess) Underground show
$4.3 billion capex

Profitability (by resource)

Proven &
Probable
03/26/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: n/a n/a n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): n/a n/a n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.00M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: n/a n/a n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.00M
Maximum Profit (Gold): n/a n/a n/a $0.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: n/a n/a n/a $0.00M
Max Profit / Current MCap: n/a n/a n/a 0.000
Max Profit Per Share (Gold): n/a n/a n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: n/a n/a n/a $0.00
Total Free Profit Per Share: n/a n/a n/a $0.00
FD Mkt. Cap / Gold Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Silver Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:
n/a n/a n/a 0.00%
Measured &
Indicated
03/26/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 10.00M 10.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 33.79M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.08M 0.08M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.27M
Maximum Profit (Gold): $64.44M $56.34M n/a $-8.10M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $64.44M $56.34M n/a $-8.10M
Max Profit / Current MCap: 0.316 0.312 n/a -0.004
Max Profit Per Share (Gold): $0.28 $0.24 n/a $-0.03
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.28 $0.24 n/a $-0.03
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $2,550.41 $2,259.62 n/a $-290.79
FD Mkt. Cap / Silver Eq.: $31.46 $26.76 n/a $-4.70
FD Mkt. Cap / Per Metal
as % Spot Price:
188.82% 187.37% n/a -1.46%

Reserves &
Resources
03/26/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 12.00M 12.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 40.55M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.09M 0.09M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.30M
Maximum Profit (Gold): $72.49M $63.38M n/a $-9.12M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $72.49M $63.38M n/a $-9.12M
Max Profit / Current MCap: 0.355 0.351 n/a -0.005
Max Profit Per Share (Gold): $0.31 $0.27 n/a $-0.04
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.31 $0.27 n/a $-0.04
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $2,267.03 $2,008.55 n/a $-258.48
FD Mkt. Cap / Silver Eq.: $27.96 $23.78 n/a $-4.18
FD Mkt. Cap / Per Metal
as % Spot Price:
167.84% 166.55% n/a -1.29%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.