Added to YB: 2025-06-24
Pitch date: 2025-06-20
LUX.CN [neutral]
Newlox Gold Ventures Corp.
-13.51%
current return
Author Info
No bio for this author
Company Info
Newlox Gold Ventures Corp., through its subsidiary, operates as an environmental remediation and mineral recovery company in Costa Rica.
Market Cap
EUR 8.3M
Pitch Price
EUR 0.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
-9.30
P/E
-1.44
EV/Sales
8.65
Sector
Commercial Services and Supplies
Category
turnaround
Digging in Micro Cap Land - Newlox Gold Ventures Corp.
LUX.CN (quick overview - unrealistic plan): Micro-cap ($6.5M) gold processor in Costa Rica using artisanal mining tailings with two plants (80/150tpd). Unprofitable with liquidity issues, recently emerged from regulatory cease trade. Renegotiated debenture maturities, repaid $2M debt. Ambitious 5-year plan for 145k oz p/a via 8 plants across LatAm seems unrealistic vs established Dynacor.
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