NeXGold Mining Corp - Asset Resilience Ratio

Latest as of December 2025: 8.36%

NeXGold Mining Corp (NEXG) has an Asset Resilience Ratio of 8.36% as of December 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read NEXG total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CA$21.44 Million
≈ $15.51 Million USD Cash + Short-term Investments

Total Assets

CA$256.45 Million
≈ $185.51 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2025)

This chart shows how NeXGold Mining Corp's Asset Resilience Ratio has changed over time. See NEXG total equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down NeXGold Mining Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see NEXG market cap.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$21.44 Million 8.36%
Total Liquid Assets CA$21.44 Million 8.36%

Asset Resilience Insights

  • Limited Liquidity: NeXGold Mining Corp maintains only 8.36% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

NeXGold Mining Corp Industry Peers by Asset Resilience Ratio

Compare NeXGold Mining Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Agnico Eagle Mines Limited
TO:AEM
Gold 8.36%
Wheaton Precious Metals Corp
TO:WPM
Gold 1.81%
Gold Fields Ltd
JSE:GFI
Gold 11.83%
Barrick Gold Corp
TO:ABX
Gold 13.03%
New Gold Inc
TO:NGD
Gold 0.04%
Zhongjin Gold Corp Ltd
SHG:600489
Gold 0.02%
Dpm Metals Inc.
AU:DPM
Gold 16.16%
OceanaGold Corporation
TO:OGC
Gold 11.64%

Annual Asset Resilience Ratio for NeXGold Mining Corp (2020–2025)

The table below shows the annual Asset Resilience Ratio data for NeXGold Mining Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2025-12-31 8.36% CA$21.44 Million
≈ $15.51 Million
CA$256.45 Million
≈ $185.51 Million
+6.31pp
2024-12-31 2.05% CA$3.92 Million
≈ $2.84 Million
CA$191.48 Million
≈ $138.51 Million
+1.48pp
2023-12-31 0.57% CA$665.91K
≈ $481.71K
CA$117.68 Million
≈ $85.13 Million
+0.03pp
2022-12-31 0.54% CA$664.43K
≈ $480.64K
CA$123.74 Million
≈ $89.51 Million
+0.01pp
2021-12-31 0.52% CA$693.83K
≈ $501.90K
CA$132.17 Million
≈ $95.61 Million
-0.03pp
2020-12-31 0.56% CA$1.02 Million
≈ $739.53K
CA$182.89 Million
≈ $132.30 Million
--
pp = percentage points

About NeXGold Mining Corp

V:NEXG Canada Gold
Market Cap
$272.56 Million
CA$376.78 Million CAD
Market Cap Rank
#15359 Global
#466 in Canada
Share Price
CA$1.52
Change (1 day)
+2.70%
52-Week Range
CA$0.72 - CA$2.31
All Time High
CA$10.80
About

NeXGold Mining Corp. operates as a gold exploration and development company in Canada. The company's flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 … Read more