Nexus GoldNXSGF 19 ROE % is 0.00% as of Jan. 2026. GuruFocus rates NXSGF with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,389 Metals & Mining companies, Nexus Gold ranks worse than 41858.48% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nexus Gold's annualized net income for the quarter that ended in Jan. 2026 was $-4.49 Mil. Nexus Gold's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was $-0.27 Mil. Therefore, Nexus Gold's annualized ROE % for the quarter that ended in Jan. 2026 was N/A%.
The historical rank and industry rank for Nexus Gold's ROE % or its related term are showing as below:
NXSGF's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.02 * Ranked among companies with meaningful ROE % only.
Nexus Gold (OTCPK:NXSGF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Nexus Gold ROE % Related Terms
Nexus Gold ROE % Historical Data
* Premium members only.
The historical data trend for Nexus Gold's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Nexus Gold's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nexus Gold ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nexus Gold's ROE % distribution charts can be found below:
* The bar in red indicates where Nexus Gold's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jan. 2026) net income data.
ROE % is displayed in the 30-year financial page.
* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.
Nexus Gold (NXSGF) has a ROE % of 0.00% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nexus Gold and its competitors. According to the industry distribution chart, Nexus Gold ranks #999999 out of 2389 companies in the Metals & Mining industry.
Is Nexus Gold's ROE % too high?
Nexus Gold's current ROE % is 0.00%. Based on the distribution chart, Nexus Gold ranks #999999 out of 2389 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nexus Gold has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Nexus Gold's ROE % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Nexus Gold ranks #999999 out of 2389 companies for ROE %. This places Nexus Gold in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nexus Gold and its competitors. Nexus Gold's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexus Gold stock overvalued right now?
Nexus Gold (NXSGF) has a current ROE % of 0.00%. The current ROE % is 0.00%. Nexus Gold's overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nexus Gold (NXSGF), the current ROE % is 0.00% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nexus Gold Corp is in the exploration stage, with its principal business activity being the sourcing and exploration of mineral properties. The Company's property includes the Dakouli II Property in Burkina Faso, West Africa. It operates through a single segment, the exploration and evaluation of mineral properties, and its exploration and evaluation asset is located in Burkina Faso.
19GF Score
Get the complete analysis for NXSGF
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NXSGF has been successfully added to your 
