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Ngex Resources Inc (TSE:NGQ)

Ngex Resources Inc (TSE:NGQ) Business Description

Symbol(s): TSE:NGQ, OTCMKTS:NGQRF
Industry: Gold Mining
Website: www.ngexresources.com
eMail: ngexresources@namdo.com

Ngex Resources Inc (TSE:NGQ) is a Canadian Gold mining company. It’s a junior late stage development company mainly focused on exploration and development of mineral properties in Argentina. The company has multiple properties including Jose Maria (Argentina, Argentina), Los Helado (Argentina, Argentina) and Filo del Sol (Argentina, Argentina).

Ngex Resources Inc (TSE:NGQ) has about 10 million ounces of gold reserves & resources and 100 million ounces of silver reserves & resources.

Ngex Resources Inc has US$1.91 million cash and no debt. The company has 249.031428 million shares outstanding and currently has a fully diluted market capitalization of 192.38 million US$. The stocks of Ngex Resources Inc trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.

Ngex Resources Inc (TSE:NGQ) Share Price Chart


Ngex Resources Inc (TSE:NGQ) Technical Data
Last Updated: April 15, 2019

Share Price:
CA$1.03 (4/12/2019 16:00:00)
Volume:
13867 (4/12/2019 16:00:00)
52 Week High:
CA$1.2
52 Week Low:
CA$0.91
Change from 52 Week Low:
13.187%
Change from 52 Week High:
-14.167%
Beta
0.68
Average Volume:
38645

Ngex Resources Inc (TSE:NGQ) Financial Analysis

Share Price:
CA$1.03 (4/12/2019 16:00:00)
Shares Outstanding:
249.03 million
Market Capitalization:
US$192.38 million *
Cash:
US$1.91 million
Total Debt:
US$0 million
Enterprise Value:
US$190.467 million
Earnings Per Share:
-0.07
Price to Earning (P/E) Ratio:
#N/A

Ngex Resources Inc (TSE:NGQ) Gold Resources

Total Reserves & Resources:
10 million ounce
Plausible Reserves & Resources:
0.07 million ounce
Future Cash Cost Per Ounce:
US$100
Future All-in Sustaining Cost Per Ounce:
US$200
Future Annual Production:
200000 ounce

Ngex Resources Inc (TSE:NGQ) Silver Resources

Total Reserves & Resources:
100 million ounce
Plausible Reserves & Resources:
58.5 million ounce
Future Cash Cost Per Ounce:
US$5
Future All-in Sustaining Cost Per Ounce:
US$10
Future Annual Production:
2 million ounce

Ngex Resources Inc (TSE:NGQ) Valuation by Resource

Gold Equivalent Resources:
11.172 million ounce
Silver Equivalent Resources:
953.5 million ounce ***
Enterprise Value Per Gold Ounce:
US$17.049
Enterprise Value Per Silver Ounce:
US$0.2
Gold Equivalent Resources per FD share:
0.045 ounce
Silver Equivalent Resources per FD share:
3.829 ounce

*** Gold to silver ratio of 85.35 was used in the calculation of silver equivalent resources

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