NRED

NovaRed Mining Inc.CNSX:NRED Stock Report

Market Cap CA$24.2m
Share Price
CA$0.73
My Fair Value
n/a
1Y1,116.7%
7D-2.7%
Portfolio Value
View

NovaRed Mining Inc.

CNSX:NRED Stock Report

Market Cap: CA$24.2m

NovaRed Mining (NRED) Stock Overview

Engages in the identification, acquisition, exploration and development of mineral resource projects in Canada. More details

NRED fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

NRED Community Fair Values

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NovaRed Mining Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NovaRed Mining
Historical stock prices
Current Share PriceCA$0.73
52 Week HighCA$0.95
52 Week LowCA$0.05
Beta6.7
1 Month Change-16.09%
3 Month Change102.78%
1 Year Change1,116.67%
3 Year Changen/a
5 Year Changen/a
Change since IPO382.64%

Recent News & Updates

Recent updates

Shareholder Returns

NREDCA Metals and MiningCA Market
7D-2.7%5.2%1.9%
1Y1,116.7%125.3%30.7%

Return vs Industry: NRED exceeded the Canadian Metals and Mining industry which returned 111.9% over the past year.

Return vs Market: NRED exceeded the Canadian Market which returned 28.4% over the past year.

Price Volatility

Is NRED's price volatile compared to industry and market?
NRED volatility
NRED Average Weekly Movementn/a
Metals and Mining Industry Average Movement12.7%
Market Average Movement10.7%
10% most volatile stocks in CA Market19.5%
10% least volatile stocks in CA Market3.4%

Stable Share Price: NRED's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine NRED's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aBrian Gossnovaredmining.com

NovaRed Mining Inc. engages in the identification, acquisition, exploration and development of mineral resource projects in Canada. The company holds an option to acquire a 70% interest in the Wilmac Copper-Gold Project located in south-central British Columbia, southwest of Princeton and approximately 10 kilometres west of Hudbay Mineral Inc.'s currently producing Copper Mountain Mine. Additionally, it holds interest in the Lamont Ridge Project is located approximately 200 kilometres east of Vancouver and west to southwest of Princeton, British Columbia in the Similkameen Mining Division.

NovaRed Mining Inc. Fundamentals Summary

How do NovaRed Mining's earnings and revenue compare to its market cap?
NRED fundamental statistics
Market capCA$24.17m
Earnings (TTM)-CA$431.85k
Revenue (TTM)n/a
0.0x
P/S Ratio
-58.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NRED income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$431.85k
Earnings-CA$431.85k

Last Reported Earnings

Oct 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NRED perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/14 02:29
End of Day Share Price 2026/02/13 00:00
Earnings2025/10/31
Annual Earnings2025/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NovaRed Mining Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.